Category: Uncategorized

Astra Film International Documentary Festival has officially opened registrations for the 2025 edition. In addition, the organizers have announced the introduction of a new competitive section this year: Short Film.  This year, the festival will take place in Sibiu from October 19 to 26. Filmmakers from around the world can submit their documentaries until April…

Soarele Moldovei. Inceputul (Moldavian Sun: The Beginning), a Romanian production presenting the childhood of 15th-century Moldavian ruler Ștefan cel Mare (Stephen the Great), is available for streaming worldwide at soarelemoldovei.ro. For every purchase of the film, produced by Razem Pictures, 5% of the price is directed to the Calea Victoriei Foundation, a non-profit organizing cultural…

On the occasion of the Constantin Brâncuși National Day on February 19, the Romanian Cultural Institute (ICR) in New York will host The Brâncuși Month in New York, a series of events marking 149 years since the birth of the iconic sculptor.  The program, running from February 7 to 21 at the institute’s Midtown Manhattan…

Homing Properties, a real estate developer specializing in mid- to high-end residential projects, has announced the receipt of the construction permit for its large-scale project, Homing Village. Located in the northern part of the capital, in the Pipera area, this residential complex will include 140 luxury villas and represents an investment of 35 million euros.…

General mayor Nicușor Dan announced the public consultation of a draft decision approving the Bucharest Velo Master Plan, a strategic document aimed at developing the cycling infrastructure network over the next decade. The plan envisions a major network of 150 km of bike lanes and a secondary network of 415 km by 2035. The document…

Lion’s Head Investments has entered the Romanian logistics market with the acquisition of a 155,000 sqm land plot in Popești-Leordeni, near Bucharest. The company, a joint venture between AG Capital and Old Mutual Property, plans to develop an 85,000 sqm logistics park on the site, with construction set to begin in the first half of…

The Romanian tourist sector saw an increase in arrivals in 2024, with a total of 14.26 million people registered in accommodation structures, including apartments and rental rooms. This represents a 4.5% increase compared to 2023, according to data released by the National Institute of Statistics (INS) on Wednesday, February 5. Most of the arrivals, namely…

When investors analyze opportunities in the real estate sector, it is essential to carefully assess the risks to avoid complicated situations in the long term. Recent issues in real estate have demonstrated how important it is to avoid legal, financial, and operational pitfalls that can turn an apparently safe investment into a major challenge. In…

The budget execution for foreign trips in 2024 amounted to over RON 28.49 million (some EUR 5.7 million), while the allocation for 2025 is set at RON 17.27 million (EUR 3.4 million), according to an announcement made by the Presidential Administration during parliamentary debates on the 2025 state budget proposal.  Regarding the classified status of…

The public pension budget in Romania will increase by 10.7% y/y to RON 150.8 billion (EUR 30 billion) in 2025, accounting for 7.9% of the projected GDP, according to the budget planning quoted by the National House of Public Pensions (CNPP), Daniel Baciu, during the debates on the social insurance budget draft in the joint…