Category: Uncategorized
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Romanian mountaineer Teofil Vlad completes Seven Summits challenge
Romanian mountaineer and guide Teofil Vlad has successfully climbed the highest peaks on all seven continents, completing the prestigious Seven Summits challenge. His final ascent took place on March 7, when he reached the summit of Carstensz Pyramid in West Papua, Indonesia, marking the completion of a journey that began more than 20 years ago,…
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Romania’s Andrei Rareș Toader wins shot put gold at 2025 European Athletics Indoor Championships
Romanian athlete Andrei Rareș Toader secured the gold medal in the men’s shot put event at the European Athletics Indoor Championships in Apeldoorn on Sunday, March 9. Toader achieved a personal best and set a new national record with a throw of 21.27 meters, surpassing his previous record of 21.21 meters set in Ostrava just…
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Sale of El Greco painting previously owned by Romanian royal family blocked until June
The sale of the San Sebastian painting by the Spanish artist El Greco, a work of art that was part of the collection of the Romanian Royal Crown, will remain blocked until the end of June, following legal debates between lawyers representing Romania and Christie’s auction house, finance minister Barna Tanczos told Profit.ro. The block…
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Smartree HRTech appoints Romanian Nicoleta Mihaiu as CEO
Smartree HRTech, a leading provider of integrated payroll and human resources software solutions, announced the appointment of Nicoleta Mihaiu as its new CEO. Mihaiu’s expertise and vision “will strengthen the management team and further solidify Smartree’s position as a market leader in payroll and HR software solutions,” the company said. “I am honored to join…
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Protest turns violent in Bucharest after Călin Georgescu’s presidential candidacy invalidated
Supporters of far-right and pro-Russian politician Călin Georgescu became violent with police forces after his candidacy was invalidated by the Central Electoral Bureau, or BEC, on Sunday night, March 9. Some threw stones, firecrackers, and bottles at security forces, while others started fires and even flipped over a car of a local news station. Several gendarmes…
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The Apprentice: Trump movie starring Romanian-born Sebastian Stan now streaming on Max
The Apprentice, director Ali Abbasi’s movie in which Romanian-born actor Sebastian Stan plays a young version of Donald Trump, premiered on Max on March 7. This role earned Stan his first-ever Oscar nomination this year. The film delves into the early years of Donald Trump’s career in the 1970s, focusing on his ambition to step out…
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Wildfires spread in Romania, claiming two lives
Two people have lost their lives in the wildfires sweeping through multiple counties in Romania, the authorities announced. A 67-year-old woman in Maramureș county lost her life on March 7, while a 78-year-old man from Vâlcea county was found dead on March 9. In addition to the fatalities, two people have been injured, including a…
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Romanian investor builds EUR 8 mln factory for airspace industry parts
Top Metrology, a company specializing in metrology and trade in industrial and laboratory equipment, has launched the construction of a metal components factory for the aerospace industry. The project envisages RON 42.5 million (over EUR 8 million), out of which almost half is eligible for a state grant. It will be developed in the city…
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Romania’s finance minister sees average inflation of 4.4% in 2025
Romanian finance minister Tanczos Barna backed the central bank’s forecast, saying that the country’s inflation is on a downward trend and that “it will probably be 3.8% this year.” He said the average inflation would be 4.4% in 2025. The central bank envisages 3.8% yearend inflation, down from 5.1% y/y at the end of 2024.…
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Romania’s 0.9% GDP growth in 2024 driven by private consumption
Romania’s 0.9% economic growth in 2024 was driven by private consumption, seen in the higher value-added generated by the sector of services to households (retail included), while the net taxes contributed as well significantly, particularly in the second half of the year. The sector of constructions lost momentum in Q4 (-5.3% y/y) dragged down by…