Category: Uncategorized
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Romanian mountaineer, conservationist Alex Găvan featured in special Discovery series
The well-known science and nature channel Discovery is currently marking four decades since its global launch in 1985 with a special series titled “Discovery Changed My Life,” bringing testimonies from personalities whose vision was shaped by Discovery. Among those featured is also Romanian mountaineer and conservationist Alex Găvan. The series premieres on Sunday, June 22,…
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Cushman & Wakefield Echinox: Romania has many advantages for attracting investments in data centers
Romania benefits from a series of favorable factors that facilitate the growth and expansion of data center capacity and could emerge as a developing market, according to an analysis conducted by the real estate consultancy company Cushman & Wakefield Echinox. A diversified energy mix, with over 50% of energy production coming from renewable sources, along…
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Meta Estate Trust puts EUR 2 million in retail park near Bucharest
Meta Estate Trust (MET), a holding company operating in the real estate sector, has invested approximately EUR 2 million in a new retail park currently under development in Ciolpani, a commune located on the Bucharest–Ploiești corridor (DN1), it said. The project is scheduled to be completed and handed over to tenants this year, with an…
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German group DEHN to open production facility in southern Romania
The German company DEHN, a manufacturer of electrical engineering solutions for critical infrastructure, including lightning and surge protection, as well as safety equipment, will open a production site in Piteşti, southern Romania. The facility, the company’s first in the country, will expand its capacities to serve customers in Europe. It fits seamlessly into the company’s…
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Romanian developer Urbano Group invests EUR 100 mln in large retail park near Cluj-Napoca
Cluj-based real estate developer Urbano Group announced plans for a new retail park in a project valued at EUR 100 million. The company says it will be the largest retail park in Transylvania. Until now, the developer has obtained the necessary building permits to begin work on Phase 1 of the park, which was named…
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SIGNAL IDUNA receives ASF approval for the acquisition of the majority stake in Garanta Asigurări
SIGNAL IDUNA ASIGURARE REASIGURARE announces that final approval has been received from the Financial Supervisory Authority (ASF) for the acquisition of the majority stake in Garanta Asigurări, owned by The Ethniki, Hellenic General Insurance Company, the leading composite insurer in Greece. This transaction marks a key milestone for SIGNAL IDUNA, as the company continues its…
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Bitdefender acquires Irish provider of advanced email security solutions
Bitdefender, a global cybersecurity solutions provider founded by Romanian entrepreneurs Măriuca and Florin Talpeş, has agreed to acquire Mesh Security Limited (Mesh), a provider of advanced email security solutions founded in Ireland. Through the acquisition, Mesh’s email security technology and capabilities will be integrated into Bitdefender’s extended detection and response (XDR) platform and managed detection and response (MDR) services.…
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Hundreds of people protest killing of women in Romania
Several hundred people, mostly women, gathered on Wednesday, June 18, in Bucharest’s Victory Square to voice their anger against the killing of women in Romania and demand reforms. Since the beginning of the year, 26 women have been killed. People brought signs displaying messages such as: “Safety for all women,” “Why is it always my fault?”…
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Heritage preservation meets hospitality at estate in Romania’s Transylvania
Investment executive Nikolaus Bethlen has been driving a family effort to restore rundown, historic properties in and around the village of Criș, in Mureş county, and repurpose them as part of Bethlen Estates Transylvania, a tranquil retreat where the preservation of the area’s heritage takes center stage. The Bethlen family, with a long line of…
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Far-right members of Parliament in Romania form new sovereignist bloc
Approximately 30 parliamentarians, members of far-right politician Diana Sosoaca’s party SOS Romania, the equally far-right Young People’s Party, or POT, and unaffiliated members decided on Wednesday, June 18, to form a new sovereignist bloc “Romania First Alliance.” The new bloc is guided by “European values,” according to its representatives, despite the fact that their parties,…