Category: Uncategorized
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Romania’s Dracula Film Festival opens competition registrations for 2024 edition
Dracula Film Festival launched the short and feature film competitions on horror, sci-fi, thriller, supernatural, dark comedies, animation, experimental, or cult films for its 12th edition. Brașov will host the 2024 edition between October 30 and November 3. Dracula Film Festival has four competitive sections, namely Dracula Trophy – the section dedicated to feature films,…
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Romanian students end International Mathematical Olympiad with gold, silver and bronze medals
Romanian students claimed one gold, four silver, and one bronze medal at the International Mathematical Olympiad, the Education Ministry announced. The competition’s 65th edition was held in Bath, the UK, from July 11 to 22. Pavel Ciurea from the International Informatics High School in Bucharest won the gold medal. Meanwhile, the silver medals were claimed…
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Emmett King, co-founder Transylvania Angels Network: The Romanian ecosystem has more and better startups each year
Emmett King, co-founder of Transylvania Angels Network (T.A.N.), on his entrepreneurial and angel investor experience in the U.S. and Romania, the local startup ecosystem, T.A.N.’s mission and activity, and what he looks for when deciding to support a venture. Emmett King always wanted to live outside the U.S. but never thought it would be in…
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Social Democrat leader Ciolacu tops presidential poll in Romania
Social Democrat (PSD) leader and prime minister Marcel Ciolacu ranks first in voting intentions in the presidential elections, followed by George Simion (AUR, 19%) and Mircea Geoană (independent, 15%). Elena Lasconi (USR, 14%) and Nicolae Ciucă (PNL, 12%) come next, according to a survey conducted by Sociopol and quoted by News.ro. The poll was conducted…
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Revolut Business launches Flexible Cash Funds for Romanian companies
Global fintech Revolut is offering access to its brand new Flexible Cash Funds to its Romanian paid plans business customers, who, as of July 19, can invest in low-risk money market funds – traditionally only available to large enterprises with the highest amounts of capital to spare. With Flexible Cash Funds, Revolut Business customers can…
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Romania’s maize crop at lowest level since 2007
Analysts consulted by Ziarul Financiar estimate that corn production will be around 7 million tonnes, below the forecasts of the USDA, the US Department of Agriculture, and the European Commission, which expected 10.8 million and 10.6 million tonnes of maize in Romania, respectively. This year’s maize production is the lowest since Romania entered the EU,…
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Romanian minister speaks of bringing coal-fired power units back online
After an emergency meeting with key players in the energy sector caused by the deep deficit in the electricity market after the shutdown of Unit 1 at the Cernavoda power plant on July 19, energy minister Sebastian Burduja announced that “we are trying to extend the life of coal-fired power plants, at least until we…
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Romania imports electricity heavily as one nuke reactor shuts down due to malfunction
Romania imported electricity heavily over the weekend after one of the two nuclear reactors of the Cernavoda nuclear plant operated by Nuclearelectrica was automatically disconnected from the country’s power grid in the evening of July 19 due to a malfunction in the classical part of the plant, with no impact on nuclear safety. The weak…
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Romania goes ahead with program to develop small modular reactors with NuScale
The shareholders of government-controlled nuclear group Nuclearelectrica (BVB: SNN) in Romania announced on July 19 that they approved the continuation of the project to develop Small Modular Reactors (SMR) based on the updated pre-feasibility study documentation. Thus, SNN shareholders approved the conclusion by the SMR project company RoPower Nuclear, where SNN holds a 50% stake,…
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US leader in service-based systems integration acquires Romanian integrator Helinick
Convergint, a global leader in service-based systems integration, announced that it had acquired Helinick, a Romania-based integrator that specializes in the design and implementation of electronic security, fire safety, communications, and building management systems. Founded in 1991, Helinick provides turn-key technology solutions tailored to customers’ needs. The company is a market leader and fast-growing organization…