Category: Uncategorized
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Queens of the Stone Age cancels European tour, including concert at Romania’s Electric Castle
American rock band Queens of the Stone Age canceled their entire European tour, including the show at the Electric Castle festival in Romania, due to the health issues of lead singer Josh Homme, according to the festival organizers’ announcement. “It’s hard to describe how we feel. We were eagerly looking forward to this concert, and…
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Leading digital music company Believe acquires 25% stake in Romanian label Global Records
Believe, one of the world’s leading digital music companies, acquired a 25% stake in Global Records, a top independent record label founded in 2008 by Romanian Ștefan Lucian. Global Records represents top artists such as INNA, Minelli, Carla’s Dreams, Antonia, Holy Molly, DJ Project, Irina Rimes, and more, and is on its active route to…
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Report: Job creation increase in private equity-backed companies in Romania in 2022, growth in fundraising activity anticipated for 2024
Net job creation in private equity-backed companies increased by 7.1% (4,027 more employees in 2022 versus 2021), compared to the overall economy’s increase of 2.3% in 2022 (115,205 more employees in 2022 versus 2021), the Romanian Private Equity Association (ROPEA)’s annual report shows. The report, which details the performance and results of the Romanian private…
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United States, Romania and allies to send additional strategic air defense systems to Ukraine
Romanian president Klaus Iohannis signed a joint declaration on strengthening Ukraine’s air defense alongside his counterparts from the United States, Ukraine, Netherlands, Italy, and Germany. The declaration also comes with a donation of five air defense systems and components to Ukraine. President Iohannis attends the NATO meeting in Washington on Wednesday and Thursday. During the…
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Locarno Film Festival: Short documentary by Romanian director Xandra Popescu in the competition
The short documentary Despre Imposibilitatea Unui Omagiu/On the Impossibility of an Homage directed by Romanian Xandra Popescu will have its world premiere at the Locarno Film Festival. The film is included in the Pardi di Domani competitive section, which brings together productions focused on experimentation and innovative forms. The event, now in its 77th edition,…
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Timișoara mayor faces conflict of interest allegations over electoral campaign loan
Dominic Fritz, the recently re-elected mayor of Timișoara, faces accusations of administrative conflict of interest over a loan taken from an individual during the electoral campaign. He then allegedly drew up an administrative act for the benefit of the company represented by that person, thus violating the legal regime of conflicts of interest, the National…
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Romanian authorities kill bear that attacked and killed tourist on mountain trail
Prahova County gendarmes were called to the Jepii Mici tourist trail in the Bucegi mountains after a 19-year-old female tourist was attacked and killed by a bear. The animal was especially aggressive and had to be put down, the authorities said. Another tourist witnessed the moment the woman was attacked and called the emergency number…
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One United Properties 2023 Sustainability Report: 14 Construction Sites, 900,000 sqm under development, and over 21,000 jobs created
One United Properties (BVB: ONE), the leading green developer and investor in residential, mixed-use, and office real estate in Romania, publishes its fourth voluntary Sustainability Report for 2023. The report highlights the Company’s progress in key sustainability areas and covers vast environmental, social, and governance aspects. “As our business grows, so does the number of developments…
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Over 70% Romanians believe they are exposed to fake news, survey reveals
More than 70% of Romanians believe they are exposed to a greater or lesser extent to fake news, according to a survey carried out by INSCOP for News.ro. At the same time, roughly half of respondents are convinced that many important things are happening in the world that ordinary people don’t know about. Asked how…
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Ambassador of Israel in Romania praises ties between the two countries after two-year term
Romania and Israel have a unique 1,000-year-old relationship that has created a bond between the two peoples, said the ambassador of Israel in Bucharest, Reuven Azar, during an event dedicated to the end of his two-year mandate. He thanked Romania for its “help from behind the scenes to release the hostages.” “There are many things…