Category: Uncategorized
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How Amazon uses data analytics to improve package tracking
In today’s fast-paced world, the efficiency and accuracy of package delivery are crucial. When it comes to Amazon, tracking packages has become a seamless experience for customers, thanks to the company’s advanced use of data analytics. This article explores how Amazon utilizes data analytics to enhance package tracking and introduces pkge.net, a versatile tracking service…
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Câmpulung mayor Elena Lasconi elected president of Romania’s reformist party USR
Elena Lasconi, mayor of Câmpulung-Muscel, was elected president of the opposition party USR by its members in a vote that took place over two days. She received 7,701 votes, or 68.14% of the total votes cast. In her first speech as president, she said that the reconstruction of the party is now underway. She also…
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Report: Romanians spent EUR 63 mln in cinemas last year, 25% more than in 2022
Romanians spent EUR 63 million in cinemas last year, a figure 25% higher compared with 2022, as ticket prices also recorded an 8.2% year-over-year increase, according to data from the Romanian Film Center analyzed by the real estate consultancy company Cushman & Wakefield Echinox. The total number of tickets sold reached 13.02 million in 2023,…
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Romanian electricity distributor and supplier Electrica marks a decade since BVB listing with 90% total return
Electrica (BVB: EL), one of the largest electricity distributors and suppliers in Romania, recently celebrated a decade since its dual listing on the Bucharest and London stock exchanges. Since listing, the company’s share price increased by 39.6% to RON 15.3 at the time of writing. However, the total return, including dividends, amounted to over 90%.…
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Romania’s Agroland invests EUR 0.2 mln to turn Caransebeș plant into certified organic feed factory
Romanian entrepreneurial retail, agriculture, and food group Agroland Business System announced that its feed factory in Caransebeș will be transformed into the largest certified organic feed factory in Romania. The transition from conventional feed production to organic feed represented an investment of EUR 200,000 that mainly focused on refurbishing the equipment within the factory and…
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Romania’s University of Medicine in Iași gets EUR 35 mln EIB loan for campus development programme
The European Investment Bank (EIB) approved a loan of EUR 35.4 million for Grigore T. Popa University of Medicine and Pharmacy in Iași (UMF Iași), in eastern Romania, to refurbish and upgrade campus buildings. The transaction represents UMF Iași’s first external loan and the first operation of the EIB under its EUR 200 million initiative…
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Romania’s Untold takes 3rd spot among world’s top 100 festivals
DJ Mag has presented the Top 100 Festivals list for 2024, and Romania’s Untold has climbed to the podium. The festival in Cluj-Napoca ranks 3rd in the world, after Belgium’s Tomorrowland and EDC Las Vegas, but higher than other major festivals with tradition such as Glastonbury, Coachella, Burning Man, and Ultra Music Festival. Compiled by…
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Gabriel Resources intends to challenge decision in Roșia Montană gold mining case
Gabriel Resources, the majority shareholder of Roșia Montană Gold Corporation, intends to challenge the decision in the international arbitration case targeting the Roșia Montană gold mining project, Profit.ro reported. Romania won the case in March when the International Center for Settlement of Investment Disputes in Washington (ICSID) ruled that the country wouldn’t have to pay…
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Three in ten Romanians say their financial situation worsened over past year
Romania posted the highest share of households where the financial situation has deteriorated over the past year but also among the highest shares of households that are faring better – which illustrates the large and widening income discrepancy in Romania, despite a general improvement in the average living conditions. Some 30% of the Romanians estimate…
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Fugitive Paul Philippe of Romania to be extradited by Malta
The court of first instance in Malta decided to extradite Paul-Philippe of Romania, sentenced to three years and four months of jail in Romania for buying influence and complicity in the abuse of office, according to justice minister Alina Gorghiu. Malta previously refused the extradition request after France took a similar step. But it kept…