Category: Uncategorized
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Romanian film review – An Almost Perfect Family & Three Kilometres to the End of the World
Having premiered at Astra film fest, O familie aproape perfectă/ An Almost Perfect Family is Tudor’s Platon’s second feature documentary. Just like in his lovable debut Casa cu păpuși/ House of Dolls, following his grandmother and her group of friends on their annual vacation together, Platon chooses his own family as the subject. To the…
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Romanian businessman Ștefan Mandachi donates EUR 0.5 mln for hospital project in Gura Humorului
Romanian businessman Ștefan Mandachi donated EUR 500,000 through the 1 CM hospital campaign for the construction of a hospital in Gura Humorului. The funds, donated through the Jeni Mandachi Foundation and the Red Cross, were generated by his own donations and collective fundraising. The medical facility in Gura Humorului will provide services for more than…
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Nine years after the deadly Colectiv club fire, Romania still has no major burn unit
October 30, 2024, marks 9 years since the Colectiv club fire that killed 64 people and left many others injured. Despite numerous promises, Romanian authorities have not been able to build a modern, major medical unit to treat major burn victims. What is worse, the legacy of Colectiv is fading. The Colectiv club in Bucharest, which…
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nZEB Expo: Event dedicated to energy-efficient constructions brings over 130 exhibitors, 35 speakers to Cluj-Napoca
nZEB Expo, a major event dedicated to energy-efficient constructions, takes place at BTarena in Cluj-Napoca between November 1 and 3. This year’s edition will bring together over 130 exhibitors and more than 35 local and international speakers, who will share their experience and innovations in the field. The organizers expect more than 10,000 participants, from…
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Romania’s Thurzó Zoltán sets new world record for most piano key hits in 30 seconds
Romania’s concert pianist Thurzó Zoltán announced this week that he set a new world record for most piano key hits in 30 seconds. This is his fourth Guinness World Records title and was achieved during a special concert on October 23, when he hit the piano key 500 times in 30 seconds. “The most piano key…
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TEILOR Holding raises RON 22 million from BVB investors in a new bond issuance
TEILOR Holding S.A., a group that encompasses the TEILOR luxury jewelry stores and the diversified financial services and retail brand MoneyGold, has successfully completed its second corporate bond issuance, raising a total of RON 22 million (EUR 4.4 mln) from BVB investors – the largest corporate bond issuance of 2024. The capital was secured through two private…
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OMV Petrom’s shares gain 3.6% on better-than-expected Q3 results
The shares of energy group OMV Petrom (BVB: SNP) surged by nearly 3.6% after the company released Q3 results slightly above the market consensus on October 29. It was the biggest increase for SNP shares since October 3, 2022, when their price rose by 4.07%, according to Ziarul Financiar. The company reported its turnover dropped by 6% y/y to…
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Romania gets green light for EUR 1.1 bln grants to finance energy projects under Modernization Fund
The Ministry of Energy announced it obtained, on the sidelines of the meeting of the Investment Committee of the Modernization Fund (MF) on October 22 in Budapest, the non-refundable financing for all six priority investment proposals submitted, in the total amount of EUR 1.1 billion. Out of this, EUR 860 million will be disbursed to…
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EVERGENT Investments’ shareholders give a vote of confidence to the new Board of Directors and approve the public purchase offer
The shareholders of EVERGENT Investments, a financial investment company listed under the ticker EVER, have elected the Board of Directors’ members with a strong majority. Three members of the current Board have been reelected: Horia Ciorcilă, Claudiu Doroș, and Radu Octavian, along with two new independent members: Delia Cataramă and Teodor McCann. The new Board’s…
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Romanian paper packaging plant expands in Hungary
Evopack, a Romania company that produces cardboard and paper packaging in a factory in Piatra Neamţ with McDonald’s, Spartan, Mesopotamia, and FryDay fast food chains among its customers, will open a branch and a warehouse in Budapest in December as part of its regional expansion plan. “The investment amounts to EUR 1.1 million in the…