Category: Uncategorized

Romania ranks first in the European Union for investigations launched by the European Anti-Fraud Office (OLAF) concerning fraud with EU funds, according to the 2023 report made public by the institution on Wednesday, June 19.  Romania leads the ranking with 16 OLAF investigations, followed by Bulgaria (14), Hungary (11), Italy (11), and France (9).  One…

Romania’s biggest film event, Transilvania International Film Festival (TIFF) is currently happening in Cluj-Napoca. Its busiest section is the Romanian Film Days, to which not only locals professionals flock but most foreign guests. This is where the fest bursts and not much of relevance happens elsewhere. Stay tuned for more on it next week. If…

The Night of Museums event will hold a second edition in local villages on August 31, focusing on the cultural heritage in rural areas. The program includes numerous educational projects organized in villages and communes in the country, the organizers said. “After a spectacular first edition, with close to 200 museums participating last year, we…

AnimaWings, the airline owned by Romanian tour operator Christian Tour, announced new regular flights on the Bucharest-Cluj-Bucharest route during an event organized in Cluj. The flights will start operating in March 2025. “Our ambition, reflected in the AnimaWings slogan, is to connect all major business and tourism destinations in the country,” said Marius Pandel, president…

The National Bank of Romania (BNR) approved the acquisition of Porsche Bank Romania SA by businessman Dan Ostahie, the owner of IT&C retailer Altex, the company announced. BNR approved the direct acquisition by Dan Ostahie (90.10%) and Real Estate Srl (9.89%) of 100% of the social capital and voting rights of Porsche Bank Romania. The…

Cluj-Napoca is once again the best student city in Romania this year, according to the QS ranking of the best academic cities for students, as announced in a press release by Babeş-Bolyai University (UBB).  The QS ranking of the best academic cities for students is based on indicators of academic accessibility and quality of life…

Romania has recycled only 38.31% of packaging waste, marking a decline of 1.56 percentage points, according to data from the National Institute of Statistics (INS) quoted in a Clean Recycle analysis. By category, the most significant decreases were seen in the recycling of glass, which dropped from 42.6% in 2020 to 28.03% in 2021, and…

ARIR (The Romanian Investor Relations Association), the promoter of the Investor Relations (IR) concept, organized the sixth edition of Forum by ARIR. The event, themed “New Horizons in Investor Relations: The European Challenge”, brought together over 30 relevant speakers from local and international capital markets, alongside approximately 100 participants from the Romanian capital market community.…

Lawyer Ana Birchall, a former justice minister in the Social Democrat government led by Viorica Dăncilă, plans to run for president in this year’s elections as an independent, she told television station Digi24. Birchall said she was entering the presidential race “to fight the injustices” that Romanians face. “Every Romanian is faced every day with…

Romanian prime minister Marcel Ciolacu met with the head of the Bavarian government while in Germany for Romania’s match with Ukraine, won by the former 3-0. The Romanian official brought a crate full of frozen mici [Romanian sausages], at the request of the Bavarian official. He also invited Markus Söder to visit Romania for the…