Category: Uncategorized
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One Romanian on list of 125 foreign-born US billionaires
This year, a record number of 125 foreign-born American citizens are billionaires and live in the United States. Among them is Ion Stoica, the Romanian founder of the startup Databricks. Stoica, aged 60, is the only Romanian on Forbes’ list of immigrant billionaires living in the United States. In total, the 125 billionaires come from…
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Romanian Football Federation launches tricolor jersey for dogs
The Romanian Football Federation (FRF) has unveiled a special tricolor kit designed for dogs, allowing pet owners to cheer for the national team alongside their four-legged friends during this autumn’s matches. Inspired by the team’s traditional colors, the new bright yellow model is made specifically for canine supporters who want to match the rest of…
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Romanian Early Game Ventures backs space-tech startup Orbital Matter with EUR 1 mln seed funding
Romanian venture capital fund Early Game Ventures has announced a seed investment of EUR 1 million in Orbital Matter, a promising space-tech startup specializing in advanced construction technology for use in space. With the new investment, the startup aims to reach TRL 8, the “flight-qualified” certification, during its next product launch into space. Orbital Matter…
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Southern Romania: New Zealand-inspired project to plant fruit trees in urban areas around Buzău
Local authorities in Buzău, southern Romania, plan to transform green areas into fruit tree orchards, providing people with access to natural, untreated products. The project titled “Orașul Comestibil” (“the Edible City”) is inspired by New Zealand as well as cities of the European Union. Apple, pear, plum, and cherry trees, as well as fruit bushes or…
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Roman amphitheater at Romania’s Ulpia Traiana Sarmizegetusa reopens after EU-funded restoration
The Roman amphitheater at Ulpia Traiana Sarmizegetusa was officially reopened to the public on Friday, August 8, following a major conservation and restoration project funded by the European Union. The event, organized by the Hunedoara County Council under the name “Open Doors Day,” celebrated the completion of work aimed at preserving and enhancing one of…
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Romania’s Avram Iancu completes historic swim across Europe, covering 4,448 km from North Sea to Black Sea
Romanian open-water swimmer Avram Iancu announced Friday, August 8, that he has successfully swum across Europe along the famous Rhine–Main–Danube waterway, from the North Sea to the Black Sea. The 4,448 marathon swimming, completed in three stages over a total of 170 days without a wetsuit, marks what he says is a world first: crossing…
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Central Romania: Cluj-Napoca subway project enters underground phase
The construction project for Romania’s second subway network, in Cluj-Napoca, is moving forward with the launch shaft for the boring machines. The Turkish general contractor Gulemark announced that building began for the launch shaft for the tunnel boring machines on August 11. This is the essential underground structure from which the subway galleries will be…
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Romania wins gold, bronze medals at Under-19 World Rowing Championships
Romanian athletes won one gold medal and one bronze medal on Sunday, August 10, at the Under-19 World Rowing Championships in Trakai, Lithuania. The gold was claimed by Teodora Lehaci and Denisa Mihaela Vasilică in the women’s pair, with two seconds ahead of the silver medalists from Uzbekistan. The bronze medal was won by the…
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Romania keeps monetary rate at 6.5% as it expects price shock
Romania’s central bank on August 8 announced it has maintained the monetary policy rate at 6.5% given the already higher-than-expected inflation in June, but particularly the expected price shock prompted by the electricity price in July, following the market liberalisation, and the VAT rate hike. Accordingly, the inflation will surge “markedly” in Q3, but will…
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Romanian Social Democratic Party faces leadership challenge as Titus Corlățean announces candidacy
Interim president of the Social Democratic Party (PSD) Sorin Grindeanu will face an internal leadership contest after senator Titus Corlățean declared on August 8 that he will run for the party’s top position, Antena 3 reported, quoted by G4Media.ro. Corlățean said the PSD “needs credibility” and “well-trained people” to relaunch the party, stressing that he…