Category: Uncategorized
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ICon Arts festival returns for 24th edition in villages and cities in Romania’s Transylvania
The Union of Interpretative Musical Creation (UCIMR) announced the 24th edition of the ICon Arts Transilvania Festival, one of Romania’s longest-running events dedicated to classical music, jazz, and contemporary arts. The festival will take place from July 25 to August 10 across several towns and villages in the famous region of Transylvania. Organizers expect around…
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Kata Mandel wins third place for Romania in women’s snowboard cross in Switzerland
Athlete Kata Mandel won third place for Romania in snowboard cross on Wednesday, March 11, at the Europa Cup stage in St. Moritz, Switzerland, within the Helvetia Cross Tour. The result represents an important performance for Romania in the European snowboard cross circuit. Mandel faced off against 50 contestants from 16 countries and finished with…
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Romanian foreign minister faces criminal complaint after Middle East repatriation scandal
Romania’s foreign minister, Oana Țoiu, is facing a criminal complaint filed with the National Anticorruption Directorate, or DNA, after a scandal involving the repatriation of Irina Ponta, the 17-year-old daughter of former prime minister Victor Ponta, amid the conflict in the Middle East. The scandal broke out on March 5 after the former Social Democrat…
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New generation of Dalmatian pelicans hatching in Romania’s Danube Delta
A new generation of Dalmatian pelicans is beginning to hatch in strictly protected areas of the Razim-Sinoe complex in the Danube Delta in Romania, the Danube Delta Biosphere Reserve Authority (ARBDD) said. The species, known scientifically as Pelecanus crispus, is considered globally endangered. “The Danube Delta remains one of the few places in the world…
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Bucharest Leads the Real Estate Market in February 2026, with the Northern Area Strengthening Its Role as an Investment Hub
Romania’s real estate market recorded 44,427 transactions in February 2026, representing an increase of 19,829 compared to January, according to data published by the National Agency for Cadastre and Real Estate Publicity (ANCPI). The capital remains the main center of Romania’s real estate market, with 8,290 properties transacted, followed by Ilfov – 3,520 and Cluj…
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Romanian developer One United Properties buys land near Nashville for first US project
Romanian real estate developer One United Properties (BVB: ONE) announced that it entered the United States market after completing its first land acquisition in the Nashville metropolitan area. The company plans to develop a residential project of 42 townhouses in Franklin, Tennessee. The initiative is designed to establish a presence in “selected US micro-markets,” the…
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Romanian energy minister plans to restart Lukoil refinery and “new trade routes”
Romania’s minister of energy, Bogdan Ivan, said he contacted “those from the US” and received “informal approval” for starting operations at the Petrotel Lukoil refinery to increase the country’s refining capacity by 21%, according to Profit.ro, citing the Romanian minister speaking for Antena3. However, while the global refining capacity remained largely intact recently, the crude…
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Turkey’s Garanti BBVA says no decision yet on its Romanian subsidiary
Speaking about media reporting the possible sale of its Romanian subsidiary to Raiffeisen, Turkish financial group Garanti BBVA (Türkiye Garanti Bankası, or Garanti Bank), 86% controlled by Spanish group Banco Bilbao Vizcaya Argentaria (BBVA) but also listed at Borsa Istanbul, announced that “to date, there has been no decision to proceed or complete a transaction…
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Romania’s OMV Petrom extends Black Sea exposure by entering Han Tervel project
Romania’s energy group OMV Petrom (BVB: SNP), the largest integrated energy producer in Southeast Europe, announced its entry into the exploration consortium for the Han Tervel offshore block in the Bulgarian Black Sea. This is the second project the company enters in Bulgaria’s offshore, after Han Asparuh, which it operates, besides its partners NewMed…
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CFA Romania sees “good chances” for full-fledged economic recession this year
January retail sales readings (-9.1% y/y) sent an extremely negative message among analysts, some of whom consider the possibility of a negative economic growth rate for the entire year. The Middle East conflict had already depressed analysts’ expectations, reduced to 0.5% growth this year compared to the government’s 1.0% projection seen as generally realistic previously.…