Category: Uncategorized
-
Bucharest Opera Festival returns in June with ten performances in the lineup
The Bucharest National Opera has announced the fourth edition of the Bucharest Opera Festival, which will take place this summer, from June 15 to 24. Over the course of ten evenings, audiences will enjoy a diverse lineup of opera, ballet, operetta, musical, rock opera, and concert performances presented by companies from Romania, Moldova, and Bulgaria.…
-
Reuters: Romania, other member states pressuring EU to weaken deforestation restrictions
The European Union is facing pressure from a group of 11 countries, including Romania, to delay and weaken upcoming legislation on deforestation, according to a document reviewed by Reuters. The restrictions on deforestation brought by the new legislation are part of a larger effort to eliminate a tenth of global deforestation driven by EU consumption…
-
Bozankaya delivers first of 18 new trams purchased by Iași
Bozankaya, the Turkish manufacturer of ecological vehicles for public transport, has delivered the first tram from the batch of 18 vehicles purchased by the Municipality of Iași, eastern Romania. According to the contract, which amounts to RON 141.4 million, the other 17 trams will be delivered in installments every 3 months. The new trams, specially…
-
Romanian tech group Bittnet sells controlling stake in IT infrastructure company
The Romanian group Bittnet Systems (BNET) has signed the contract for the sale of 50.2% of the IT infrastructure services company ITPrepared for RON 6.12 million (EUR 1.2 million). The sale will be complete within 5 working days from the signing of the share sale-purchase agreement. The sold company, rebranded as Optimizor, has been part…
-
Romanian president to begin talks with parliamentary parties to form new government
President Nicușor Dan said he would hold his first round of consultations with parliamentary parties on Wednesday, May 28, as part of efforts to form Romania’s next government. He mentioned that the discussions will be informal and are expected to continue in the coming days. This marks the first step in negotiations following the swearing-in…
-
Former far-right presidential candidate Călin Georgescu retires from Romanian politics
Călin Georgescu, the far-right populist who surprisingly emerged as the first-round winner of last year’s annulled presidential elections, announced Monday evening in a video message on social media that he is stepping away from active political life to focus on his family, which he says needs “peace and especially health” after a tumultuous period. Georgescu was…
-
Romanian Senate passes bill punishing initiators of fascist, legionary organizations with prison
The Romanian Senate adopted a bill this week stating that the initiation or establishment of a fascist, legionary, racist, or xenophobic organization, as well as joining or supporting such a group in any form, “constitutes a criminal offense and is punishable by imprisonment from 3 to 10 years and the prohibition of certain rights.” “Denying,…
-
Survey shows Romanians see education, justice and tax evasion as country’s most urgent issues
Education, justice reform, and the fight against tax evasion are the main areas in which citizens expect involvement from president Nicuşor Dan at the beginning of his term, according to a survey conducted by the Declic community immediately after the end of the second round of the presidential elections. All three topics were touched on…
-
CEC and Exim Banca Românească give AAylex Group EUR 14.1 mln investment loan
CEC Bank and Exim Banca Românească announced they had granted the AAylex Group, one of the main players in the Romanian food industry, the producer of the Cocorico poultry brand, a syndicated credit facility worth EUR 14.1 million to finance development. The financing is linked to investments that also benefit from non-reimbursable European funds in…
-
Dacia sells in Romania only 8% of its automobiles
Over 92% of Dacia’s production is exported, and only 8% remains in Romania, said Cristian Nevzoreanu, executive director of Public Affairs, Renault Group Romania, at a specialized conference on May 26, as reported by Economedia.ro. Company officials noted that more can be done to support the local automotive sector. “For every new car sold [in…