Category: Uncategorized
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Romania ranks 49th in global competitiveness ranking for 2025
Romania ranks 49th in the 2025 edition of the World Competitiveness Yearbook, a report compiled by the International Institute for Management Development (IMD) and published in Romania by CIT-IRECSON, the Technological Information Center. The global top three are Switzerland, Singapore, and Hong Kong, according to a press release quoted by news agency Agerpres. Compared to…
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Brother in law of former Romanian presidential candidate Mircea Geoană extradited from Turkey
Ionuț Mircea Costea, brother-in-law to former presidential candidate and NATO second in command Mircea Geoană, was handed over to Romanian authorities on Tuesday, June 24, after being extradited by Turkey. Costea was the director of Romania’s Eximbank and is the brother of Mircea Geoană’s wife. He has a six-year prison sentence for bribery. He “is…
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Romania loses to Netherlands 3-1 in UEFA European Under-19 Championship
Romania’s national under-19 football team was defeated by the Netherlands with a score of 3-1 (2-0) on Monday, June 23, in the semifinals of the Under-19 European Football Championship. The tournament, hosted by Romania, was the first in which the national under-19 team reached the semifinals. Netherlands dominated the match with Romania held on Giulești…
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Artists reimagine Eforie Sud at Romanian Black Sea festival Eforie Colorat
The Romanian Black Sea town of Eforie Sud will host over 200 cultural events this summer as part of the fifth edition of Eforie Colorat, a contemporary arts festival aimed at reshaping the town’s identity through creativity. Taking place from July 1 to August 24 in the open-air garden of Cinemascop, the event will feature…
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Doing business in the UAE: Travel, accommodation, and practical insights
The UAE sounds like a synonym for global trade ambitions, cutting-edge infrastructure, and an expanding calendar of international industry events. At the same time, it offers a distinctive blend of efficiency and lifestyle. For those looking to combine client hosting with unique local experiences, options such as elite rentals yachts Dubai bring business networking to…
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Transylvania Florilegium botanical art album permanently displayed at Romanian Cultural Institute in London
The Romanian Cultural Institute (ICR) in London hosts a special event on June 24 to mark the permanent display of The Transylvania Florilegium, a two-volume botanical art album celebrating the unique flora of Transylvania. The books, donated by Addison Publications, are valued at GBP 25,000 and will be available for public viewing and consultation at…
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Romanian audiobook platform Voxa expands to Latin America
Romanian audiobook and e-book streaming platform Voxa has officially entered the Latin American market, continuing its international expansion with launches in Mexico, Colombia, Argentina, Chile, and Peru. The move brings the company’s technology to a region of over 300 million potential digital content consumers. The Latin American launch, which began in April 2025, marks a…
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Bucharest Natural History Museum opens greenhouse with live tropical butterflies
The garden of the “Grigore Antipa” National Museum of Natural History in Bucharest announced the opening of a greenhouse with live tropical butterflies on Friday, June 20. The new space is located in the museum’s courtyard and is populated by tropical butterflies that can be seen in free flight. Among the butterflies are spectacular species…
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Lia Savonea appointed president of Romania’s High Court despite past controversies
Judge Lia Savonea has been appointed president of the High Court of Cassation and Justice, Romania’s top judicial authority, following a vote by the Judges’ Section of the Superior Council of Magistracy (CSM), Hotnews.ro reported on June 23. Savonea received 9 out of 10 votes, with the appointment set for a three-year term beginning on…
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Romania considers new tax on banks’ “excessive profit,” targeting RON 1.5 bln
Romania’s new government is weighing the introduction of a temporary tax on what it terms the “excessive profit” of banks, according to the ruling strategy confirmed by minister of finance Alexandru Nazare and cited by Economedia.ro on June 23. The measure is expected to generate RON 1.5 billion (USD 324 million) in additional annual revenue.…