Category: Uncategorized

The Romanian coffee shop chain ‘5 to go’ is set to launch operations on the market of the Republic of Moldova by inaugurating the first unit on October 8, Mold-street.com announced, quoting the company’s co-founder, who mentioned bureaucratic barriers higher than in Bulgaria or Hungary. The business is developed in Moldova in partnership with two…

Romania failed to generate high interest from Japanese investors with the green Samurai bonds denominated in yen, which it launched on September 29, and will have to give up some of the maturities envisaged while shifting up the indicative yield targets, according to Bloomberg and Profit.ro. Romania tagged the planned issue as “green,” expecting investors…

The National Bank of Romania (BNR) does not consider that the objective of joining the single currency system is not feasible before fiscal consolidation, BNR governor Mugur Isarescu said on October 1 while speaking in front of lawmakers at the hearings for a new term at top of the central bank. Increasing taxation is not…

The joint session of the two Chambers of the Romanian Parliament approved, on October 1, the management structures of the National Bank of Romania (BNR), as well as those of the Financial Supervision Authority (ASF) and the National Broadcasting Council (CNA), according to Bursa.ro. BNR governor Mugur Isarescu (75), who remained in his seat after…

The US official export credit agency, EXIM Bank, has approved a financial commitment of up to USD 99 million to support the development of Romania’s 462 MW small modular reactor, or SMR, project near the village of Doicești. The funds are designated for RoPower Nuclear SA, a joint venture equally controlled by the state-owned company…

At a time when our thirst for knowledge is growing, as is the amount of content available online, the use of AI summarization tools is becoming increasingly common. Let’s take a look at how these AI tools are emerging as a time-saving solution for our busy schedules.  Why AI summarizers are gaining popularity  The amount…

The Games in Schools program, through which hundreds of students across Romania are taught history, geography, and other subjects with the help of video games, is entering a new phase this fall and expanding.  The Romanian Game Developers Association launched the Games in Schools, or RGDA, program in 2022 to provide alternative tools to teachers…

Output and new orders down at fastest rates since February Survey-record drop in payroll numbers, while confidence dips Below average input and output price inflation signalled The manufacturing sector in Romania remained under pressure in September, as operating conditions deteriorated at the most pronounced rate seen since February. Subdued demand conditions played a large part…

Bucharest and twelve other cities across Romania will open their alternative contemporary art spaces for a long program during the weekend of October 4-6, marking the 18th edition of the White Night of the Galleries.  The public will be able visit galleries, alternative spaces, creative hubs, and art studios in Bucharest, Brașov, Cluj-Napoca, Craiova, Deva,…

The EMCC Global Mentoring Conference 2024 invites mentors, leaders, and professionals for an engaging three-day event – “Mentoring for Change, A Catalyst for Sustainable Transformation”. This event is a unique opportunity for attendees to explore the evolving role of mentoring in today’s rapidly shifting political, societal, economic, and technological landscapes. Why Attend? In a world…