Category: Uncategorized

Bogdan Georgescu, one of the founders of Bookster – the innovative library turned into a book delivery service, currently engaged in a dispute with the publishing houses, said that while it operated as a public library, it paid the royalties in line with the relevant legislation to the relevant collective intellectual property management body CopyRo,…

The stock of bank loans in Romania increased by 6.8% y/y to RON 404.0 billion (EUR 81.3 bln) at the end of July, accelerating slightly from +6.7% y/y at the end of June and +6.4% y/y at the end of 2023. Speaking strictly of the loans denominated in local currency, it seems retail lending is…

Romania’s public debt reached RON 862.3 billion (EUR 173.3 bln) at the end of May, RON 9.5 bln (EUR 1.9 bln) more compared to a month earlier after the government raised EUR 3.24 bln with the third series of Eurobonds this year. The debt-to-GDP ratio reached 52.6% at the end of May, from 52.1% at…

Romania spent only EUR 1,663 per capita on health in 2021, which is half of the EU average. In total, health expenditures represented 6.5% of the Gross Domestic Product (GDP), compared to the average of the European Union member countries of 11%, according to the data from an OECD report (Organization for Economic Cooperation and…

A wildlife motoring camera recently captured rare images of a female lynx and her two kittens in a forest in Poiana Teiului Forest District in Romania’s Neamț county. Forest management company Romsilva shared the video on social media. “The female lynx usually has two kittens, much less often even three, which remain in the mother’s…

Romanian do-it-yourself (DIY) retailer Dedeman, controlled by entrepreneurs Adrian and Dragoş Pavăl, announced the launch of its DedeTech project, opening up opportunities for IT professionals.  Through this initiative, the company said it aims to revolutionize its digital infrastructure, focusing on optimizing the logistics and e-commerce processes of its 62 stores nationwide. In this context, Dedeman…

Trei kilometri până la capătul lumii/Three kilometers to the end of the world, the latest feature directed by Romanian Emanuel Pârvu, received the Heart of Sarajevo for Best Feature Film at the 2024 Sarajevo Film Festival, the event’s top award. The film, which also received the Queer Palm 2024 Award at Cannes, will be released in local cinemas…

Digital bank Revolut surpassed the threshold of 4 million retail customers in Romania, its first market in the EU by number of active users and its second-largest globally after the United Kingdom. The company processed an average of 103 million transactions for clients in the local market over the past 7 months, and a third…

National paraclimbing team athletes took Romania to the podium at the Paraclimbing European Championships in Villars-sur-Ollon, Switzerland, this past weekend. Liviu Matei claimed the gold medal in the AU3 category while Răzvan Nedu won bronze in the B2 competition, Climb Again Association announced. Meanwhile, Romanian Stefan Dogaru ended the RP3 competition in sixth place, Andrei…

After learning to play the drums from scratch, famous actor Chris Hemsworth joined his friend Ed Sheeran on stage in Bucharest this past weekend to perform Thinking Out Loud for the first time in front of around 70,000 fans.  The brain-boosting challenge of learning to play an instrument was filmed for the upcoming second season…