Category: Uncategorized

Oradea Airport inaugurated its new cargo terminal on May 6 with the arrival of the first dedicated cargo flight, signaling the facility’s ambitions to become a key logistics hub in western Romania, eBihoreanul.ro reported. The flight, operated by Turkish carrier MNG Airlines using an Airbus A321-200P2F, arrived from Istanbul and carried parcels for customers of…

Swiss industrial real estate developer Artemis Group announced that it had started construction on a EUR 8 million factory for window and door manufacturer Mondo Style, according to Ziarul Financiar. The factory is being developed in the Sânandrei industrial park in Timiş County. “We have obtained authorization for a new industrial investment in Sânandrei. The…

Sumitomo Electric Bordnetze, a cable manufacturer for the automotive industry, will lay off 676 of its 1,712 employees at its factory in southern Romania (Drobeta Turnu Severin), according to the regional labor bureau AJOFM quoted by Economica.  The move is in line with the group’s shrinking workforce in Romania and Bulgaria, where it closed a…

The Dacia Sandriders team, which made a spectacular debut in the Dakar Rally this year, came to Romania for an off-road demonstration on the highest road in the country, the Transalpina.  Drivers and co-drivers Pablo Moreno, Cristina Gutiérrez, Édouard Boulanger, Sébastien Loeb, and Fabian Lurquin took part in the event organized by Dacia.  The five…

Nicuşor Dan and George Simion propose sharply contrasting economic strategies ahead of Romania’s presidential election. Economic online portal Economica put together the key elements of the economic strategies of the two presidential candidates who face each other on May 18. Dan’s programme, Honest Romania Vision, takes a gradualist approach, aiming for convergence with the European Union’s market-based…

Presidential candidate George Simion has pledged to organize a national referendum to determine whether Romanians want to annul the current presidential election outcome and repeat the second round between former candidates Călin Georgescu and Elena Lasconi, Digi24 reported. Simion stated that if the elected president and the referendum supported a repeat of the annulled vote,…

The gap between the frontrunner in Romania’s presidential elections, isolationist nationalist George Simion, and its challenger with a pro-EU orientation, Nicuşor Dan, is smaller than 10 percentage points (pp): 54.8% versus 45.2% of the voters committed to attending the second round, according to a poll carried out by Verifield and published by Nicuşor Dan. The…

It’s a packed weekend in Bucharest, with film and music festivals, exhibitions, and events marking Europe Day, while Timişoara hosts the first edition of the Portuguese-language Film Festival. In Bucharest: Jazz in Church May 8 – May 11 The 10th edition of the event, held at the Lutheran Church in Bucharest, features a mix of…

Human Scale, the project representing Romania at the 19th edition of the International Architecture Exhibition – La Biennale di Venezia, opens to the public on May 10. The project, by artist Vlad Nancă and architecture office Muromuro Studio (Ioana Chifu and Onar Stănescu) and curated by Cosmina Goagea, is presented in two venues, namely the…

Romanian finance minister Tanczos Barna, present on Wednesday, May 7, at the Romanian Business Leaders Summit in Bucharest, said that a hard landing (signaling a sharp correction) of the Romanian economy is possible, as a “soft” landing is not very credible, considering the 8.3% budget deficit.  The minister’s comments come after the Romanian stock market…