Category: Uncategorized
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Paris Olympics: Romania secures gold in men’s double sculls rowing, women’s pair gets silver
Team Romania secured more medals at the 2024 Paris Olympic Games. The pair Marian Florian Enache and Andrei Sebastian Cornea won the gold medal in men’s double sculls rowing. At the same time, Ancuța Bodnar and Simona Radiș won the silver medal in women’s double sculls. The Romanian athletes finished first in the 2,000-meter race…
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InteRo starts construction works at its EUR 1 bln mixed-use project in Bucharest
InteRo Property Development, owned by the Canadian Topolinski investors family, started the construction works at its EUR 1 billion, mixed-use project SkyLight Residence in the Obor area of Bucharest. Phase 1 of the project will deliver 551 apartments within seven buildings. As construction works will accelerate by the end of this year, the developer plans…
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Sanador puts EUR 20 million into expanding hospital in Bucharest
Sanador, one of the largest private healthcare providers in the country, announced it was investing EUR 20 million to expand its hospital in Bucharest, Spitalul Clinic Sanador. For this, the company acquired a building in the hospital’s vicinity, on Buzești Street, close to Bucharest’s Victoriei Square. The nine over-ground and two under-ground level building has…
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Full Moon: Horror film festival returns to central Romania’s Biertan
Following a break of several years, the ninth edition of the horror and fantasy film festival Lună Plină/Full Moon is set to take place in Biertan, in Sibiu county, between August 9 and August 11. The festival, which targets movie buffs and lovers of nature and heritage alike, has a program that includes film premieres,…
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Turkish investment fund valued at USD 2 billion appoints Romanian to lead expansion
The Turkish investment fund Metis Ventures, focused on the IT niche and currently holding nearly USD 2 billion in portfolio assets, appointed Romanian Mircea Ghiță to lead its expansion operations in Central and Eastern Europe. Mircea Ghiță was the country manager for Romania at tech investment platform SeedBlink until this spring, investing in companies such…
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Report: One in four payments made by Romanian Revolut customers was for groceries
The Revolut study on customers’ spending in H1 2024 shows that the distribution of spending categories has changed significantly compared to the first six months of the previous year. Importantly, more than a quarter of payments with Revolut were at local supermarkets and grocery stores. The share of entertainment in the total amount spent by…
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Weekend calendar: Armenian Street Festival, Romanian Film Nights in Iaşi, Jazz Bastion, Cinemascop! and more
Bucharest’s Botanical Garden hosts a festival dedicated to Armenian traditions, while concerts and outdoor film screenings are held throughout the country. In Bucharest: Armenian Street Festival August 2 – August 4 The Botanical Garden host this event that celebrates and reinterpret Armenian traditions. Participants can meet Armenian, Romanian, and Bessarabia artists, attend performances from Subcarpaţi,…
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DIY retailer Leroy Merlin to add five stores to network in Romania
DIY retailer Leroy Merlin Romania plans to add five stores to its local network in the coming period. The company is set to open a store in Piteşti this fall, and it is targeting the cities of Bucharest (two stores), Bistriţa and Brăila for 2025-2026. The store in Pitesti, currently under construction, is to be…
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Nokian Tyres gets EUR 150 million loan from EIB for zero-emissions plant in Romania
Finland-based Nokian Tyres has received a EUR 150 million loan from the European Investment Bank (EIB) for the construction of a plant in the northwestern Romanian city of Oradea. The plant, described as “the world’s first plant for producing passenger car tyres without emitting carbon dioxide (CO2),” is due to be completed in 2027 and will…
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Paris 2024 Olympics: Romanian swimmer David Popovici wins bronze in 100m freestyle race
Romanian swimmer David Popovici has won the bronze medal in the 100-meter freestyle race at this year’s Olympic Games in Paris. Popovici had a time of 47:49, behind Australia’s Kyle Chalmers, who took the silver with a time of 47:48. The gold medal went to China’s Pan Zhanle, who set a 100m freestyle record with…