Category: Uncategorized
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Ultramarathon runner Tibi Ușeriu launches symbolic run from Rome to Romania to promote Via Transilvanica
Romanian ultramarathon runner Tibi Ușeriu will embark on a symbolic journey in October from Rome to Drobeta-Turnu Severin, retracing the historic route of the Roman legions as part of a campaign to promote Via Transilvanica, Romania’s long-distance cultural trail. Tibi joins his brother, Alin Ușeriu, who set off on June 12 to walk the entire…
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Romanian cold cuts brand Cris-Tim announces IPO intention on Bucharest Stock Exchange
Cris-Tim, a well-known cold cuts producer in Romania currently operated by founders Radu and Cristina Timiș, announced its intention to launch an initial public offering (IPO) on the Bucharest Stock Exchange (BVB). The offering, aimed at retail investors in Romania and institutional ones outside the United States, will consist of a package of existing shares, as…
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Hotel fire claims the lives of two foreign workers in Romania’s Prahova County
A fire broke out at a hotel in Tătărani, Prahova County, on Monday, September 29, claiming the lives of two foreign workers. The hotel had been closed by safety inspectors precisely because it did not meet fire safety conditions, and the workers were there to bring the building up to code. Once sparked, the fire…
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Romania sees season’s first snow on Transfăgărășan, other mountain areas as temperatures drop
Romania recorded the season’s first snowfall in several mountain areas on Monday morning, September 29, including the scenic Transfăgărășan highway, as colder weather settled across the country. The National Meteorological Administration (ANM) also issued a weather advisory valid for this week, warning of cold and rainy conditions. The Regional Road and Bridge Directorate (DRPD) in…
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Romanian prime minister Ilie Bolojan congratulates Moldova on pro-European vote
Romanian prime minister Ilie Bolojan congratulated Moldova’s citizens for their “exemplary mobilization” in Sunday’s parliamentary elections, hailing the decisive victory of president Maia Sandu’s pro-European Party of Action and Solidarity (PAS). With nearly all votes counted, PAS secured slightly over 50% of ballots, enough to form a majority government, while the pro-Russian Patriotic Electoral Bloc…
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Iași hospital management dismissed after six Romanian children die from infections
Romania’s health minister, Alexandru Rogobete, announced on Saturday, September 27, that he requested the dismissal of the leadership of the Iași Public Health Directorate and of the Emergency Clinical Hospital for Children “St. Mary,” after six children admitted to the ICU died due to infection with Serratia Marcescens. The minister emphasized that the tragedy did…
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Romania’s Buzău Land UNESCO Global Geopark joins Google Arts & Culture
The Buzău Land/Ținutul Buzăului UNESCO Global Geopark has been added to Google Arts & Culture, becoming Romania’s first region to host a dedicated collection on the platform showcasing its geological wonders and cultural heritage. The online collection highlights some of Buzău’s most striking natural landmarks, including Europe’s largest mud volcanoes, the salt domes, the so-called…
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Romgaz faces transformational years ahead, but stock growth potential is limited in the short term – Wood&Co report
Romania’s state-backed gas giant Romgaz (BVB: SNG) is standing at a crossroads that could reshape its future, according to a new analysis by investment bank Wood&Company published on BVB Research Hub. The firm maintained its “Hold” recommendation on Romgaz shares, with a raised price target of RON 8.2, slightly below the current share price of…
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Romanian energy producer Hidroelectrica’s interim manager stresses need for diversification, hybridization and storage
Hidroelectrica, the largest energy producer in Romania, must focus on diversifying its portfolio of energy production sources and energy storage batteries, said the company’s interim general manager, Bogdan Badea, as reported by Economica.net. Badea, who also served as Hidroelectrica’s CEO in the past, replaced Károly Borbély, who stepped down on September 19 in response to…
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German retailer Kaufland to open 10-15 stores per year in Romania and Moldova
German retailer Kaufland is targeting a sustained pace of 10–15 new stores annually and a network of 250 stores in Romania and the Republic of Moldova by 2030 (from 193 currently), Valer Hancaș, Director of Communication and Corporate Affairs at Kaufland Romania, told Profit.ro. Most of the stores are in Romania, with fewer than ten…