Category: Uncategorized
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Numerous counties in Romania under orange heatwave warning
Romania’s National Meteorological Administration issued a new yellow code weather warning for hot weather on Thursday, June 25, as well as an orange code heatwave alert for 11 counties, valid on Thursday and Friday. Afterwards, the heatwave will spread on Saturday (June 27) in the center and south, and on Sunday (June 28) across the…
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Eforie Colorat: Film, music, contemporary art at sixth season of Romanian seaside festival
The sixth edition of festival Eforie Colorat, held in Eforie Sud, on the Romanian Black Sea coast, kicks off on July 4th under the theme of Connections. The chosen topic spotlights the relationships built around the Cinemascop Garden, between locals and tourists, artists and the community, people and the city, the organizers have said. “One…
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Romanian-founded AI company headquartered in Berlin receives USD 19 mln Series A funding
The artificial intelligence company for manufacturing, Almetra (formerly Deltia), co-founded by Silviu Homoceanu in Berlin, closed a Series A transaction worth USD 19 million led by the transatlantic investment fund blisce, according to a company announcement made on Thursday, June 25. The company’s AI-powered platform provides factory teams with continuous, real-time data on production line…
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Constitutional Court approves the shooting of roughly 900 bears in Romania
Romania’s Constitutional Court decided on Wednesday, June 24, that the law providing for the shooting of nearly 900 bears in 2026 and another 900 in 2027 is constitutional. The culling of the bears, presented as an intervention and prevention measure, was first proposed in March of this year by the Hungarian minority party UDMR. Its…
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Western Romania: Picasso exhibition to inaugurate new Art Encounters space in Timișoara in September
Picasso en visite, an exhibition of works by Pablo Picasso from the collection of the Musée Picasso in Antibes, will open in Timișoara in September, the Art Encounters Foundation announced. The exhibition, described as a landmark one in a series dedicated to milestones in art history, will inaugurate the new Art Encounters space and open…
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Bucharest adds more than 1,700 paid parking spaces as two facilities open in July
A total of 1,746 parking spaces will become available beginning July 1 with the opening of Pantelimon Park & Ride and the parking lot near the National Arena, the Bucharest City Hall announced on Wednesday, June 24. “Starting July 1, we are putting two large paid parking facilities into operation, with a total of 1,746…
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Romania’s Chamber of Deputies quietly passes bill on union between Romania and the Republic of Moldova
A legislative proposal submitted by the fringe, far-right SOS Romania party regarding the union of Romania with the Republic of Moldova was adopted tacitly on Wednesday, June 24, by the Chamber of Deputies. The legislative initiative was submitted to Parliament back in April and received a negative opinion from the Government. The Legal Committee and…
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Developer Astorium gets EUR 7.5 million financing for second phase of residential project in Bucharest’s Pallady area
tbi bank is providing a EUR 7.5 million financing facility, granted for a 24-month period, to Astorium Construct Investment, a developer active on the Bucharest residential market since 2018, to support the second phase of the Astorium Life project in Bucharest’s Pallady area, the bank announced. The facility has a 24-month maturity, with full repayment…
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Romanian division of French energy firm ENGIE launches its first hybrid project in Europe
French energy group ENGIE announced on Wednesday, June 24, that its first hybrid energy project integrating wind energy production with battery energy storage was being developed in Băleni, Galați County, south-eastern Romania. The storage system, installed within the operational 50 MW wind farm in Băleni, will have a final power capacity of 5 MW and…
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CIP reaches financial close on EUR 510 mln Pestera II wind project in Romania
Copenhagen Infrastructure Partners (CIP), through its Growth Markets Fund II (GMF II), has reached financial close on the 392 MW Pestera II onshore wind project in Constanța county, marking one of the largest renewable energy financings in Romania and the wider Central and Eastern European region, the company announced on June 24. The project finance…