Category: Uncategorized
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Bucharest’s Unirii Square fountains bring back Water Symphony shows
Bucharest’s iconic Urban Fountains in Unirii Square will once again light up the city with the return of the “Water Symphony” shows, starting Friday, May 23. Now in its sixth edition, the event blends choreographed water displays with lights and music, transforming the fountains into a major summer attraction. This year’s theme, “Galaxy of Legendary…
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Bucharest’s main airport opens new short-term parking lot near departures terminal
Bucharest’s Henri Coandă International Airport, also known as the Otopeni Airport, has officially opened a new short-term parking lot for passengers, offering improved access near the Departures Terminal. The new P7 parking facility became operational on Tuesday, May 20, and provides 671 additional parking spaces across a surface area of 20,265 square meters. Several of…
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City Grill Group bets on digital loyalty and launches a new version of the Out4Food App, the loyalty platform that drives over a quarter of the group’s turnover
City Grill Group, the largest Romanian-owned player in the hospitality market, is launching a new version of its Out4Food app and investing this year in refining the digital experience for customers who frequent the group’s 30+ restaurants. The Group’s investment strategy focuses on consolidating its leadership position in HoReCa by expanding its network and, more…
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Romania enacts law allowing military to down unauthorized drones
Romania has officially enacted a law allowing its armed forces to shoot down unauthorized drones entering national airspace, following a decree signed by interim president Ilie Bolojan on Monday, May 19. The law was also published in the Official Gazette later the same day, according to Agerpres. The announcement was made by the Presidential Administration…
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Russian officials question Romanian presidential elections
The Russian ambassador to Romania, Vladimir Lipaev, recently alleged that France had interference in Romania’s presidential elections, echoing far-right defeated presidential candidate George Simion. Lipaev said on the “Rossia 24” television channel that “there was interference in the elections at the level of Macron. This is indisputable, because literally two days before the elections, Macron…
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President-elect Nicuşor Dan gets congratulations from alma mater Ecole normale supérieure
The École normale supérieure (ENS), the top higher education institution whose history goes back to the time of the French Revolution, has congratulated Nicușor Dan on being elected president of Romania following the May 18 run-off. Dan, who earned gold medals at the International Math Olympiads in 1987 and 1988, graduated from the Faculty of…
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US Ambassador Kathleen Kavalec retires, Michael Dickerson named acting head of mission in Bucharest
The US Embassy in Bucharest announced the retirement of Ambassador Kathleen Kavalec on Tuesday, May 20. In her place, Michael Dickerson, currently Deputy Chief of Mission at the Embassy, has assumed the role of Chargé d’affaires ad interim. “We express our gratitude to the US Ambassador to Romania, Kathleen Kavalec, who is retiring after a…
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Selection process for Romania’s High Court president begins
The Judges’ Section of the Magistrates Supreme Court (CSM) has launched the procedure for filling the position of President of the High Court (ICCJ), according to G4media.ro quoting CSM official documents. According to media sources, in the books for the position is judge Lia Savonea, former head of the CSM and of the Bucharest…
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60 MW PV park developed by Ukraine’s DTEK comes online
One of the companies controlled by Ukrainian conglomerate DTEK in Romania is set to receive the commercial operation license for a 60 MW park already connected to the grid in January, with most of the energy going to OMV Petrom (BVB: SNP), Economica.net reported. Glodeni Solar is owned by DRI, a subsidiary of the DTEK…
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Investors give Romania more time to address fiscal imbalances as political risks subside
“A downgrade to junk is now less likely, but not impossible and will depend on medium-term fiscal plans,” JP Morgan analysts said in a note to investors speaking of the outcome of the presidential elections in Romania. The markets reacted positively to the win of pro-EU candidate Nicusor Dan, but the investors still expect the…