Category: Uncategorized
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Renowned conductor Cristian Măcelaru named honorary citizen of Bucharest
The Bucharest City Council voted unanimously on Tuesday, September 30, to award the title of Honorary Citizen of the Romanian capital to internationally acclaimed conductor Cristian Măcelaru, recognizing his exceptional contributions to music and the promotion of Romanian culture worldwide, Agerpres reported. The distinction honors Măcelaru, artistic director of the George Enescu Festival and music…
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Romanian far-right politician Călin Georgescu hints at a return to public life
Former presidential candidate Călin Georgescu suggested that he will return to public life at some point in the future during an interview on Monday, September 29. The far-right, pro-Russian politician withdrew from politics in May of this year, after the presidential elections were won by pro-European centrist Nicusor Dan. Back then, Georgescu said he wished…
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Romania’s Dracula Film Festival returns for 13th edition this fall
Dracula Film Festival, Romania’s leading showcase for fantasy and horror cinema, returns this fall with its 13th edition, bringing national premieres of international productions and a wide array of competitions for filmmakers. Running from October 29 to November 2 in Brașov, the event will feature ten feature films and more than 30 short films. The…
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Bucharest launches first centralized map of museums and memorial houses
Bucharest has unveiled its first centralized map of museums and memorial houses, a project designed to bring the city’s cultural heritage closer to the public and encourage museum visits as part of everyday life, ARCUB announced. The map, available both in print and online, was recently launched at ARCUB – Hanul Gabroveni in the presence…
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Romania bans largest Bulgarian insurer DallBogg
Romania’s Financial Supervisory Authority (ASF) has decided to prohibit DallBogg Life and Health AD, the largest Bulgarian insurer, from underwriting new insurance contracts on the territory of Romania starting October 1, 2025, Profit.ro reported. The company’s activity had previously been restricted temporarily for three months, beginning July 1, 2025. That suspension had been adopted by…
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Simtel develops EUR 43 mln PV park with storage facility for Israeli investor
The technology and engineering group Simtel (BVB: SMTL) announced the signing of a contract worth approximately RON 217 million (EUR 43 million, excluding VAT) with HEPA Energy, owned by an Israeli company. The contract covers the design, construction, and commissioning of a photovoltaic park with an installed capacity of approximately 68 MWp and a BESS…
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North Bucharest – the main growth engine of the residential market
Targeting high-income buyers, in recent years the area has become the driving force behind Bucharest’s residential growth. Over the past decade, the Fabrica de Glucoză–Lacul Tei corridor has transformed from open fields into a dynamic residential hub, catering especially to high-income buyers. The area has become the main growth engine of the northern Bucharest residential…
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Romanian businessman Dorinel Umbrărescu reportedly ponders taking over steel mill Liberty Galați
Dorinel Umbrărescu, who owns the most powerful Romanian construction group, is interested in buying the steel plant Liberty Galați, owned by Sanjeev Gupta, according to sources familiar with the negotiations consulted by Economedia.ro. The information was confirmed by the court-appointed manager at Liberty Steel, Remus Borza, who stated that discussions are currently taking place, mainly…
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Romania’s Fondul Proprietatea resumes selection of new fund manager at minority shareholders’ request
A group of retail investors, along with three funds from Slovenia, imposed their position at the September 29 shareholder meeting of Fondul Proprietatea (FP), dismissing the head of the Board of Nominees and deciding to resume from scratch the procedures for selecting a new fund manager, scrapping the past procedures that resulted in the selection…
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Romanian engineering group Electroalfa reportedly plans Bucharest Exchange listing
Electroalfa, one of the main players in the electrical equipment and metal fabrication industry, general contractor and integrator of energy solutions, is preparing to list its shares on the Bucharest Stock Exchange (BVB), according to Economedia.ro. Electroalfa reported revenues of almost RON 800 million (EUR 160 million) and a net profit of RON 60 million…