Category: Uncategorized

Local builder 1Development started work on the boutique residence Nordului 50 near Herăstrău Lake in Bucharest. The project brings together 29 residences and two premium penthouses, distributed across two distinct buildings. Each apartment starts from 200 sqm. One of the penthouses spans 600 sqm with a 180 sqm terrace, and the other 400 sqm with…

Pelikan, the German brand of writing instruments, launched a limited edition of fountain pens created in collaboration with the Royal House of Romania. The official launch took place on Thursday, October 2, in the presence of Her Majesty Margareta, Custodian of the Romanian Crown, and His Royal Highness Prince Radu of Romania. Back in 2019,…

Blockchain developer platform Alchemy announced the opening of a new office in Bucharest, Romania, as part of a strategic expansion in Europe following its acquisition of local startup Bware Labs. The move, which coincides with the company’s eighth anniversary, deepens Alchemy’s engineering base and supports its plans to scale global Web3 infrastructure. Alchemy powers more…

Famous US actor and film producer John Malkovich said a recent DNA test revealed he is almost half Romanian.  The actor, 71, portrays Romanian conductor Sergiu Celibidache in the film The Yellow Tie, set for release in cinemas next month. He said he knew his paternal grandparents were European. “It came out that I’m 43%…

Director Julia Ducournau, winner of the 2021 Palme d’Or for Titane, and Ukrainian filmmaker Sergeï Loznitsa (pictured) will meet the Bucharest public at this year’s edition of Les Films de Cannes à Bucarest. Julia Ducournau will attend a Q&A session after the screening of her latest film, Alpha, which was included in the competition of…

Russian president Vladimir Putin criticized Romania for “manipulating the will of the people” during statements given at the Valdai Discussion Club in Sochi.  The Russian president, whose regime routinely jails or poisons political opponents or protesters, stated that some countries are trying to ban political opponents who already enjoy great trust among voters. These governments, he…

The Romanian government approved on October 2 two draft laws aimed at strengthening national defence and preparing the population for potential conflict, minister Ionuț Moșteanu announced following the cabinet meeting. The proposals include the introduction of voluntary military service and new provisions allowing the armed forces to strike targets outside Romania, according to Digi24. Under…

Businessman Sacha Dragic, founder of Superbet, has made an offer to real estate developer One United Properties for the acquisition of the One Tower office building, estimated by the owner at over EUR 114 billion, according to Profit.ro. The deal would make the building the most expensive office building sold on the local market. Shareholders…

The Romanian government could raise between RON 12 billion and RON 18 billion (EUR 2.4 billion–EUR 3.6 billion) without losing control of key state-owned enterprises by selling additional stakes, according to an analysis released by CFA Romania. The report highlighted electricity producer Hidroelectrica, natural gas company Romgaz, and nuclear power company Nuclearelectrica as candidates for…

Fiscal consolidation measures and the new deficit target of 8.4% of GDP based on the national cash methodology will bring the budget deficit based on the European ESA methodology to a level between 8.7%-9% of GDP, according to a report by The Tax Institute authored by tax experts Gabriel Biriș and Sebastian Șerban. Romania’s ESA…