Category: Uncategorized
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European Film Awards 2024: Romania’s ‘The New Year That Never Came’ among nominees
The European Film Academy revealed the nominees for the main categories of the European Film Awards 2024, and Anul Nou Care N-a Fost/The New Year That Never Came, the first fiction feature written and directed by Bogdan Mureşanu, is on the list. The Romanian production is one of the six running in the European Discovery 2024 –…
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The largest event center in the Bucharest metropolitan area, located in Paradisul Verde, Corbeanca, becomes Zooma, under City Grill Group’s umbrella
City Grill Group, one of the strongest players in Romania’s HoReCa industry, announces the integration of the Paradisul Verde event complex in Corbeanca – a key venue in the premium event organization segment – into its portfolio. The venue, which will operate under the name Zooma starting in January, marks City Grill Group’s consolidation as…
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Romanian Film Festival kicks off fifth edition in Washington DC
The fifth edition of the Romanian Film Festival in Washington DC will take place between November 7-10 at Landmark’s E Street Cinema. This year’s event is dedicated to celebrating 20 years since Romania’s accession to NATO and is part of an extensive public diplomacy program organized by the Romanian Embassy in the US to mark…
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One Cotroceni Park will host the new headquarters of HIKVISION, a global leader in video surveillance products and solutions
One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, announces that HIKVISION, a global leader in video surveillance products and solutions, will open its new offices in the sustainable One Cotroceni Park building. The relocation was facilitated by CBRE Romania, a leading real estate…
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Prosecutors place pandemic-era Romanian health minister under judicial supervision
Former Romanian health minister Nelu Tătaru has been placed under judicial supervision by anti-corruption prosecutors in a case where he is accused of taking small-value bribes. Prosecutors from the Iași Territorial Service of the National Anticorruption Directorate, or DNA, ordered the initiation of criminal proceedings and imposed a judicial supervision measure for 60 days against…
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Doina Costache, Google Regional Director: Fact-checking must remain a central human responsibility to combat misinformation and fraud
Data Talks 2024, a forum organized recently at the Immersive Museum of New Arts (MINA), brought together over 120 data analysis specialists, representing more than 40 companies from the business intelligence sector. The primary objective of this regional forum is to facilitate best practices and organize impactful events for companies, federations, and sports clubs that…
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UniCredit acquires majority stake in Alpha Bank Romania, forming third-largest bank in the country
The Italian group UniCredit announced on November 4 that it had completed the transaction by which it bought the majority stake in Alpha Bank Romania in a cash and equity deal that created the third-largest banking group in the country (after Banca Transilvania and BCR) with a market share of 12% by assets. Under the…
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Romania inks MoU with Japan’s Itochu to revive long-stalled Tarnița-Lăpuștești hydropower project
The Romanian Ministry of Energy announced it signed, on November 4, a memorandum of understanding (MoU) with the Japanese company Itochu for the development of the 1GWh reversible hydropower plant project Tarnița-Lăpuștești, in an attempt to revive the project that has been constantly put on the public agenda over the past decades but constantly failed…
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Innova Capital-backed Prime Label acquires Romanian printing company Grafoprint
Prime Label Group, part of the private equity fund Innova/6 of the Innova Capital group, acquired Grafoprint, a prominent Romanian printing business. The label manufacturer said the deal allows it to expand in the Romanian market while exceeding its sales target of EUR 100 million by the end of 2024. This is Prime Label’s sixth…
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Romanian Social Democrats seek new dialogue partners within Liberal Party
Romanian Social Democrat leader and prime minister, also running for the presidential seat this autumn, Marcel Ciolacu, named Liberal (PNL) regional leader Ilie Bolojan as his preferred would-be prime minister. Notably, Bolojan is also being circulated as a potential prime minister in case the Liberal leader Nicolae Ciuca wins the presidential elections. In fact, the…