Category: Uncategorized

Romania’s major telecom group Digi Communications (BVB: DIGI, Digi) reached an agreement to get indirect majority control of Telekom Romania Mobile – the local mobile operator and the last asset of the Greek group OTE that took over the country’s incumbent telecom group Romtelecom in a process initiated in 1998. “Competition-wise, it’s more complicated because…

The general government budget deficit in Romania has more than doubled in the first four months of the year compared to the same period last year, to RON 57.3 billion (EUR 11.5 billion), according to data published by the Ministry of Finance.  Budget revenues increased by 15.3% y/y to RON 182.7 billion: 10.3% of the…

The stock of local currency bank loans in Romania increased by 7.3% y/y to RON 269 billion at the end of April, accelerating from 6.4% y/y in March, according to data published by the National Bank of Romania (BNR).  The government-backed guarantee schemes for companies are expected to revive corporate lending in the coming months,…

Ford Otosan, the Turkish division of the company, recently announced that Fırat Elhüseyni will be appointed as president and director of Ford Otosan Craiova, replacing Müjdat Tiryaki, who will take on new responsibilities at the company’s headquarters. Müjdat Tiryaki, the outgoing branch head, will become the Next Generation Manufacturing Lead, according to a company press…

The Brukenthal National Museum in Sibiu, central Romania, will host the “Camilian Demetrescu. Return/Ritorno” exhibition to commemorate the 100th anniversary of the artist’s birth at the end of June. The event will feature a tapestry from the Apostolic Palace in the Vatican, a rare loan made possible by the Vatican’s agreement.  Several sculptures, paintings, drawings,…

The 12th edition of Romanian Design Week (RDW) is taking place in Bucharest until June 2, bringing together designers and architects worldwide. The 12th edition unlocks the city with multiple exhibitions available to the public in the former CINA restaurant building (Benjamin Franklin 10), along with 130 related events held across Bucharest. The theme of…

WH Partners announces the opening of a new office in Bucharest, Romania. This expansion is the result of a strategic alliance between WH Partners and Bucharest law firm Simion & Partners.   The new venture, which will carry the brand name WH Simion & Partners, will operate under the leadership of Cosmina Simion and will…

Renovatio Solar, a company from the Renovatio ecosystem, one of the leading players in the field of solar energy and green tech in Romania, said it completed the installation of 650 photovoltaic (PV) panels on the ANA Hotels (office building) and Crowne Plaza (hotel) in Bucharest. Local businessman George Copos owns both properties. Under the…

Non-profit Code for Romania/Commit Global launched WeVote4.EU – a new digital guide providing helpful information on the upcoming European Parliament (EP) elections, available in 26 languages.  The platform provides all EU citizens with essential information about the European elections: how to vote (regardless of the European state in which they are), real-time information about the…

Register now for the Matricia Solutions WEBINAR and discover practical solutions for more efficient communication. Learn how to eliminate endless email chains! When? Thursday, May 30, 11:00 AM – 12:00 PM – This Thursday!! Register for the Webinar Are you tired of endless email chains? Discover alternatives to email for internal processes, so you can reserve…