Category: Uncategorized

The volume of net investments in Romania increased by 6.7% y/y in comparable prices to RON 34.6 billion (EUR 7 billion), but the growth was driven by elements other than the main segments of buildings and equipment. The net investments in equipment (transport means included) decreased by 0.9% y/y and accounted for 28.2% of the…

An association from Satu Mare and 11 kindergartens from the county have entered Book of Records Romania after creating a garland of flowers made from PET bottles. The garland is over 330 meters long.  To create the flower garland, hundreds of kindergarten students and their families joined forces. Over a period of 3 months, they…

Andra Busuioc, a Romanian illustrator and digital artist, was chosen to join the four EMEA artists who took on the challenge of creating a poster for the new Star Wars series The Acolyte.  The show follows an investigation into a shocking crime from the past of a respected Jedi Master over eight episodes, a journey…

The real estate market in Bucharest continues to be an attractive destination for investments, with increased interest in new housing and properties that offer high rental yields, according to an analysis by North Bucharest Investments (NBI).  Data from the National Agency for Cadastre and Real Estate Advertising (ANCPI) said that 3,376 real estate units were…

Ford Otosan Romania, the company that manufactures automobiles at the Craiova plant in southern Romania, has published its annual report for 2023, showing lower results compared to the previous year in terms of turnover.  The car plant in Craiova registered revenues of RON 13.6 billion (EUR 2.74 billion) in 2023 from car sales, a decrease…

NEPI Rockcastle, a leading owner, developer, and operator of shopping centers in Central and Eastern Europe, announced the launch of the SPOT Festival concept in Romania. More than 35 artists from various musical genres will perform on 14 stages in malls across the country for six months. The SPOT Festival concept is a first on…

By the end of this year, Bucharest will have the largest food bank established by a public authority in Romania, according to the recently re-elected mayor, Nicușor Dan.  Bucharest City Hall, through the Directorate of Social Assistance, is currently constructing a social services complex in the Lira-Sebastian area. The location will have multiple functions: a…

In resonance with the Constantin Brâncuși retrospective organized by the Centre Pompidou, the Arche Culturelle association and the Romanian Cultural Institute, in collaboration with the Cosmose Club, organize the exhibition entitled Brâncuși inspiră/Brâncuși inspires in Paris.  The special show featuring 13 Romanian-French contemporary artists will be hosted by the Romanian Cultural Institute in the French…

Aiyana Rainbow, a model designed by a team from Romania, is among the finalists of the world’s first beauty pageant for AI-generated women. A total of 1,500 AI creators from countries such as the USA, India, Japan, South Korea, and Portugal entered the competition. The 10 finalists were chosen by a jury consisting of AI…

The incumbent mayors of Bucharest’s Districts 1 and 2, Clotilde Armand and Radu Mihaiu, both representing USR, have put forward fraud allegations in the context of last Sunday’s local elections and asked for recounts to take place in voting stations with irregularities. Even now, the counting process is still not complete in the two districts.…