Category: Uncategorized

Real estate group M Core, controlled by the British real estate tycoon Caspar MacDonald-Hall, is reportedly in an advanced stage of analysis to acquire two shopping malls in northeastern Romania (Suceava and Focasni) and a package of retail parks in the country, forming a portfolio valued at around EUR 100 million in total, according to sources…

The telecommunications group Digi Communications (BVB: DIGI) has received from the Portuguese regulator the green light to buy the local company Carbonitel, the owner of the fourth-largest mobile and fixed telecommunications operator in the country Nowo Communications, from LORCA JVCO, according to a note to investors published at the Bucharest Stock Exchange. The Portuguese branch…

Untold Universe joined the Doing it for the KIDS campaign initiated by Def Jam Romania to support the Blondie Association in covering the costs of essential medical flights for children with serious illnesses.  The campaign will end with a charity concert at the Alhambra Garden in Bucharest on November 9, where famous artists from the…

The European Commission has approved a Romanian state aid scheme worth EUR 400 million to compensate farmers affected by severe drought between September 2023 and August 2024.  The scheme is open to agricultural producers of 39 selected crops, including wheat, triticale, rye, barley, oats, rapeseed, peas, sunflower, and corn, who were directly impacted by the…

Altex Romania, one of the largest electro-IT retailers in Romania, anticipates a 20% increase in sales during this year’s Black Friday, which will last for three weeks, from October 31 to November 20.  The retailer promises discounts of up to 50% available in Altex and Media Galaxy physical stores, as well as online and the…

The Competition Council announced on October 24 that it authorized the transaction by which the Kinstellar network of law firms, through Kinstellar SPARL, intends to take over Noerr Romania. Noerr Romania comprises SPRL Menzer & Bachmann – Noerr, which provides legal consulting services, and Noerr Finance & Tax SRL, which deals with accounting and financial…

Șerban Bucur, former manager of the CF 2 Clinical Hospital in Bucharest, reached an agreement with the National Anticorruption Directorate (DNA) in which he admits to having taken bribes 146 times from businessmen whose companies had contracts with the hospital. Prosecutors, cited by Agerpres, state that between December 2019 and June 2024, Bucur demanded and…

More than two-thirds of the jobs in the country’s public administration sector could benefit from the automation provided by AI tools, according to an Implement Consulting Group report commissioned by Google. The report estimates the value of the benefits that generative AI can bring to all levels of public administration in Romania at EUR 660…

The ‘George Emil Palade’ Hospital in Târgu Mureș will be transformed into the first smart hospital in Romania and serve as a pilot for the complete digitalization of the healthcare system, according to a memorandum approved by the government on Wednesday, October 23.  The memorandum proposes the operationalization of fully smart hospitals in Romania, a…

The public is invited to discover the connections between music and literature at SoNoRo, which runs this year an edition on the theme of Ex libris. The ex libris appeared in the last quarter of the 15th century, inspired by the medieval practice of including portraits or other symbols indicating ownership in prayer books. An…