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A large festival in Bucharest, events for children, but also film screenings, and an art exhibition exploring characters such as vampires and werewolves – here is a selection of what is happening starting this weekend. West Side Hallo Fest October 25 to October 27 The second edition of the event returns to Lacul Morii Island,…

Romanian prime minister Marcel Ciolacu (Social Democratic Party, PSD) ranks first in the voting intention for the first round of the presidential elections, followed by George Simion (Alliance for United Romanians, AUR) and Mircea Geoană (independent), according to a survey carried out by INSCOP Research between October 11-18 and quoted by Libertatea.  As for the…

The government of Romania signed on October 23  the financing contracts for the development program of the microelectronics industry in Romania, financed with EUR 190 million under the Resilience Facility, according to an announcement of the Executive. The contracts were signed with the subsidiaries of the companies Bosch, Continental, and NXP. In the context of…

A survey carried out by the Council of Foreign Investors (FIC) in Romania among its members shows that companies are reluctant to invest in the period: only 36% of respondents have planned investment increases for the next 12 months, while 43% of companies will maintain investments the same as in the previous year, and 22%…

Millennium Building Development, the owner of the land and the Cathedral Plaza office building in Bucharest that recently failed to recover its building permit in court and faces demolition at the request of the City Hall, said it will pursue “all legal options to protect property in the face of administrative excesses and political infighting…

Real estate group M Core, controlled by the British real estate tycoon Caspar MacDonald-Hall, is reportedly in an advanced stage of analysis to acquire two shopping malls in northeastern Romania (Suceava and Focasni) and a package of retail parks in the country, forming a portfolio valued at around EUR 100 million in total, according to sources…

The telecommunications group Digi Communications (BVB: DIGI) has received from the Portuguese regulator the green light to buy the local company Carbonitel, the owner of the fourth-largest mobile and fixed telecommunications operator in the country Nowo Communications, from LORCA JVCO, according to a note to investors published at the Bucharest Stock Exchange. The Portuguese branch…

Untold Universe joined the Doing it for the KIDS campaign initiated by Def Jam Romania to support the Blondie Association in covering the costs of essential medical flights for children with serious illnesses.  The campaign will end with a charity concert at the Alhambra Garden in Bucharest on November 9, where famous artists from the…

The European Commission has approved a Romanian state aid scheme worth EUR 400 million to compensate farmers affected by severe drought between September 2023 and August 2024.  The scheme is open to agricultural producers of 39 selected crops, including wheat, triticale, rye, barley, oats, rapeseed, peas, sunflower, and corn, who were directly impacted by the…

Altex Romania, one of the largest electro-IT retailers in Romania, anticipates a 20% increase in sales during this year’s Black Friday, which will last for three weeks, from October 31 to November 20.  The retailer promises discounts of up to 50% available in Altex and Media Galaxy physical stores, as well as online and the…