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Ascendis Group, active in training and consultancy, has acquired the magazines Cariere and HR Manager following a transaction worth EUR 300,000. In the short term, Ascendis’ plans include expanding the magazine’s distribution in the country’s major cities and Moldova. In the medium term, the objectives are aimed at increasing the frequency of the two publications…

The exhibition The Lights of Caravaggio. The Beginning of Modernity in European Painting, Masterpieces from the Roberto Longhi Collection is scheduled to open at the Timișoara National Art Museum in November. The show will include one painting by Caravaggio, alongside works by artists such as Lorenzo Lotto, Juseppe Ribera, Gian Battista Caracciolo, Dirck van Baburen,…

Romanian tennis player Simona Halep,currently ranked 1130 in the world, will face Australian Arina Rodionova, ranked 114, in the first round of the WTA 125 tournament in Hong Kong.  Halep and Rodionova, 33 and 34 respectively, have not played against each other before in the WTA circuit. If Halep defeats Rodionova, she will face Russia’s…

Daniel Anghel is the new Country Managing Partner of PwC Romania as of October 1, taking over this role from Dinu Bumbăcea, who led the company for the last three years. Bumbăcea will continue within PwC Romania as Partner and Leader of the Business Consulting Department. Daniel Anghel joined PwC Romania in 1997. In the…

CLA Global Limited (CLA Global), one of the leading international networks of independent consulting and audit firms based in London, is entering on the Romanian market by integrating the consultancy and professional services firm Nexia CRG into its global network, which will operate under the CLA România brand. This transition represents a strategic move aimed…

The abundant rains that took place over the weekend all over Romania also brought snow to the country’s most famous mountain roads, the Transfăgărășan and Transalpina. The heaviest snow was seen around Bâlea Lake on the Transfăgărășan. There is now a snow layer measuring two centimeters at the Bâlea Lake weather station, located at over…

BVB Arena, a flagship program coordinated by the Bucharest Stock Exchange to bring Romanian entrepreneurial companies closer to the capital market, revealed this year’s 15 finalists in a gala held in Bucharest on September 26. Some of the finalists took the opportunity to unveil plans to accelerate growth and take their business to the next…

Integrated energy producer OMV Petrom said on Monday, September 30, that it closed the acquisition of several photovoltaic (PV) projects from the Danish company Jantzen Renewables ApS. The ready-to-build projects, with an installed power of around 710 MW, are to be developed in Teleorman county, Romania.  The projects have already been granted access to the national power…

French DIY retailer Leroy Merlin is reportedly preferred by the UK group Kingfisher, which seeks to sell its 32 Brico Dépôt stores in Romania, according to Ziarul Financiar. Several other bidders expressed interest. The deal would pinpoint Leroy Merlin’s ambition to surpass the market leader Dedeman within five years. British group Kingfisher entered the local…

The banks hired by Romania for the Samurai bond on the Japanese market have already taken steps and set the initial spreads for the six separate maturities (3 to 20 years) proposed to investors and will announce the results of the issue this week, according to Bloomberg and Ziarul Financiar. The bonds are intended to…