Category: Uncategorized
-
Online petition supports presidential candidacy of Romanian acting president Ilie Bolojan
Without an explicit source, an online petition was launched for the presidential candidacy of acting president Ilie Bolojan. Launched by the user “Ilie,” the petition was signed by 4,258 on the first day, G4media.ro reported. The author of the petition seems to come from among the ruling coalition, as it argues against the ruling alliance’s…
-
Polls suggest Romania’s ruling coalition should not replace its presidential candidate
Two polls released on March 5 in Romania support the idea that the ruling coalition formed by Liberals (PNL), Social Democrats (PSD), and Hungarian party UDMR should not replace its presidential candidate Crin Antonescu. The polls were published as Antonescu’s position as a presidential candidate seems at risk: on the one hand, his scores in…
-
Brokerage house BRK sees 10% growth potential at Romania’s TeraPlast
Brokerage house BRK Financial Group (BVB: BRK) sees the shares of construction materials producer TeraPlast Bistriţa (BVB: TRP) at RON 0.46 in the next 12 months, up almost 10% from the current trading price, according to Ziarul Financiar. BRK recommends investors maintain their positions. “Potential risks to our recommendation include fluctuations in raw material prices,…
-
Weekend calendar: Visuali Italiane, Echoes of Ji.hlava, SoNoRo Conac and more
Italian film, international documentaries and films starring Gene Hackman are part of the offer in Bucharest, while chamber music tour SoNoRo Conac has already kicked off, and is scheduled to stop in Timișoara this weekend. In Bucharest: Visuali Italiane Until March 9 The fourth edition of the festival Visuali Italiane – New Italian Cinema in…
-
Romanian pension funds to be allowed to invest up to 10% of their portfolios in mutual funds
Private pension fund managers in Romania will be allowed to invest up to 10% of their assets in mutual funds, compared to the 5% current cap, according to a draft emergency ordinance of the government quoted by Ziarul Financiar. According to data provided by the Financial Supervision Authority (ASF), the investments of the mandatory private…
-
Romanians banned from gambling more than 10% of their monthly incomes under draft bill
Romanians will be banned from spending more than 10% of their incomes earned in the previous months on gambling and betting, according to a draft bill mentioned by Profit.ro, which does not indicate who the draft’s authors are. The banks that handle players’ individual accounts will be responsible for setting spending limitations and will be liable…
-
Romania’s RenewAcad plans EUR 10 mln factory to produce equipment for green energy industry
RenewAcad, a certified training center in the field of renewable energy sources operated by Wind Power Energy, launched on March 5 in Petrila (Hunedoara County) the project of an assembly plant for components of equipment in the renewable energy industry. The project will involve investments of approximately EUR 10 million and will be financed under…
-
Films in Ji.hlava Documentary Film Festival selection screened at Czech Center in Bucharest
The Ji.hlava International Documentary Film Festival, held in the Czech Republic, is bringing to Bucharest a selection of four films from last year’s edition as part of the Echoes of Ji.hlava project. Between March 6 and April 3, lovers of documentary film are invited to the Czech Center to discover the Ji.hlava selection and take…
-
Romanian activist starts fundraiser for Ukraine after US halts aid
A campaign organized by Romanian activist and war correspondent Radu Hossu gained increased traction and raised around EUR 85,000 in over two days for Ukraine’s military needs. The fundraiser started after the Trump administration paused military aid to Romania’s neighboring country. Citizens of Moldova and Romania contributed the majority of the funds, according to Defense…
-
Survey: Salary more important to women, job stability essential for men employees in Romania
A new survey from Romanian employment platform BestJobs found notable differences among men and women employees, specifically the priority placed on salary and promotion opportunities for the first, and on job stability for the latter. According to the survey, women, who make up 48% of employees in Romania, say salary is an essential criterion in…