Category: Uncategorized
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Manifesto for Romanian cultural heritage to be adopted at European Heritage Summit in Bucharest
Romanian heritage organizations and specialists are set to meet at the European Heritage Summit, which will take place this October in Bucharest, to discuss the country’s public policy priorities in the area and draft a Manifesto for Cultural Heritage in Romania, the organizers of the event announced. The manifesto will be used in the dialogue…
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Almost 1 million non-resident tourists spent RON 3 billion in Romania in H1
More than 965,000 non-resident tourists stayed in Romania in the first half (H1) of 2024, and their total expenses amounted to RON 3 billion (some EUR 603 million), according to the report published by the statistics office INS on Thursday, September 19. Thus, a non-resident tourist spent an average of RON 3,100 in Romania. Most…
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Flow rate on the Danube River expected to double in the coming days
The flow rate (discharge) of the Danube River, at the entry point to Romania, will increase significantly in the next period, up to 8,000 cubic meters per second, well above the multi-year average of September, according to the forecast published by the National Institute of Hydrology and Water Management (INHGA), Economica.net reported. The multi-year average…
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B9 NATO countries call for integrated air defence system to address Russian threat
The NATO countries forming the Bucharest Nine (B9) format, summoned in Romania’s capital city on September 18, called for a “joint air defence” system in response to the Russian “slow flying objects” (drones) that are increasingly violating the allied airspace during attacks against Ukraine. “This is a new reality that cannot be left disregarded. We…
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Weekend calendar: Bucharest Days, Bucharest Internațional Film Festival, DokStation, Dâmbovița Delivery, One World Romania Timişoara, Alpin Film Festival and more
A celebration of the city, film festivals, and an event putting the river that crosses the capital in focus are on the agenda in Bucharest, while Braşov, Predeal, and Râşnov host a film festival dedicated to mountaineering culture. In Bucharest: Bucharest Days Celebration September 21 – September 22 This year, Bucharest marks 565 years since…
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Export of grains from Ukraine halve in Romania’s Constanţa port
The total grain exports through the Romanian Black Sea port of Constanţa decreased in the first eight months of this year, as the Ukrainian grain deliveries halved, representatives of the port authority told Agerpres, Bursa.ro reported. In the first 8 months of this year, 20.18 million tonnes of grain were exported from the Port of…
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Romanian constructor IBB Holding to issue EUR 10 mln bonds at Bucharest Exchange
IBB Holding Group (IBB Holding), a Romanian group active in the construction industry, announced that its shareholders approved the issuance of bonds denominated in euros and their subsequent listing on the Bucharest Stock Exchange. The group thus plans to issue EUR 10 million of bonds with a minimum maturity of 24 months and a maximum…
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Damen Shipyards Mangalia, under insolvency, gets new contracts
Damen Shipyards Mangalia, under insolvency since June 2024 at the request of its shareholder Damen group, which is also managing the shipyard under an agreement with the Romanian state despite its 49% stake, announced it received two contracts that would keep it from completely sinking. The Romanian Black Sea shipyard will repair two ships under…
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Martha Argerich and Israel Philharmonic Orchestra led by Zubin Mehta in concert in Bucharest
The Israel Philharmonic Orchestra led by Zubin Mehta will perform in Bucharest alongside piano legend Martha Argerich and violinist Lisa Batiashvili for two concerts marking 145 years since the first group of Jewish people received Romanian citizenship. The two events, organized by the Federation of Jewish Communities in Romania, are scheduled for September 29 at…
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Romania’s utility group Electrica to build 70MWh power storage facility
Romanian utility group Electrica (BVB: EL), with the state as the main shareholder (49.8%), announced it would develop a 70MWh storage capacity in the central part of the country at Fantanele, Mures County. The project involves EUR 22 million of investments (VAT excluded), of which EUR 3.4 million will be obtained as a grant under…