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Herta Müller’s The Village on the Edge of the World, a reflection on life behind the Iron Curtain, is due for release by Pegasus Books this May. The book, translated into English by Kate McNaughton, presents “a brilliant, discomfiting reflection on literary life defined by the brutality of Ceaușescu’s Romania.” “From her childhood in a…

Union with Romania would be one of the ways that would ensure the Republic of Moldova will remain part of the free world and will live in peace, Moldovan president Maia Sandu said on Thursday, January 22.  However, Sandu added, Moldova will focus on accession to the EU, since the majority of Moldovan citizens do…

Orange Romania and deeptech startup .lumen have signed a strategic partnership aimed at improving independent mobility for people with visual impairments. Under the agreement, the partners will provide an integrated mobility package that combines the .lumen assistive device with a smartphone and access to voice and mobile internet services. The solution is intended to support…

There were almost 7,000 fundraising campaigns in Romania last year – that is, approximately 19 per day – and they managed to raise a total of over EUR 450,000 (+140% y/y), according to 4fund.com analysis cited by Ziarul Financiar.  Crowdfunding is a type of financial support in which people choose to contribute directly to causes or projects…

Arriving in Brussels for the European Council on January 22, Romanian president Nicușor Dan stated that the transatlantic relationship has returned “to normal parameters,” implying Donald Trump’s promise not to militarily invade Greenland provides a sense of normality. “My general message is that we need this transatlantic relationship, Europe and Romania, and that it is…

Discount store chain Penny sees the Romanian market as a “strategic” one and is moving forward with development, targeting investments of EUR 3 billion locally in the next decade (starting in 2025), according to Ziarul Financiar. Penny Romania, part of German group Rewe, reported its turnover rose by over 10% y/y to RON 10 billion…

After opening 118 units in 2025 and reaching a total of 173 Froo stores in Romania, Polish retailer Zabka has upgraded the target for the chain from 4,000 to 7,600 units, Ziarul Financiar announced.  No precise calendar was announced, but in Poland, the network is expanding at a rate of 1,000 units per year. The…

Several shareholders of Fondul Proprietatea have asked the investment fund to seek an independent valuation of its 20% stake in Bucharest Airports (CNAB), amid plans by the Romanian state to buy out the minority holding, according to a document cited by Bursa.ro. The request is expected to be submitted for discussion at Fondul Proprietatea’s shareholders’…

The price of the shares of Romanian telecom group Digi Communications rallied by an impressive 7.5% on January 22 – an outstanding advance even considering the broad recovery of all the prices at Bucharest Stock Exchange (BVB) after three days of decline, Ziarul Financiar reported. Both the decline and the recovery reflected changes in the…

The inter-governmental committee set up last September by Romania to tackle the fate of the troubled steel mill Liberty Galati (part of global Liberty Steel, in pre-insolvency), which owes over EUR 400 million to state bodies in tax and other dues, summoned on January 22 – ahead of the January 26 deadline for a final…