Category: Uncategorized
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Most foreign citizens illegally crossing the border were trying to exit Romania, Border Police report says
Nearly 3,000 foreign citizens attempted to cross the border illegally in the first 8 months of the year, with almost 2,000 discovered while trying to exit the country, according to a report from the Romanian Border Police. During this period, over 40 million people crossed the border, including approximately 28 million EU citizens and 12…
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Brașov has the most accessible public transportation system in Romania, report says
Brașov is currently considered the most accessible city in terms of public transportation in Romania, according to its residents. Târgoviște and Sibiu are also in the top three of the ranking compiled in a new report by Storia. The study authors mentioned that the data was sourced from platforms like Google Traffic, Google Places, Airly,…
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Antibiotice Iași and Premier Energy included in Bucharest Stock Exchange main index
The BET index, the main index of the Bucharest Stock Exchange (BVB), included on Monday, September 23, two new companies, namely Antibiotice Iași (ATB) and Premier Energy (PE). Antibiotice is Romania’s leading producer of generic medicines and has been present on the capital market for over 27 years, being active for over 70 years. Its…
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ROCA Analysis: Private Equity investments represent only 0.041% of Romania’s GDP. A 40-year gap compared to Western Europe
• The ratio of Private Equity investment value to Romania’s GDP is just 0.041%, ten times lower than the similar ratio at the European level. • EUR 400 million is available through the PNRR for private investments, of which EUR 265 million have been allocated to date and only EUR 60 million have been invested.…
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Flood damages estimated at EUR 12.5 mln in Romania’s Galaţi county, authorities say
The recent floods caused damages estimated at RON 62.2 million (some EUR 12.5 million) in the county of Galați, eastern Romania, the County Council said. The exact value will be established after the expertise and technical documentation are completed. Galați, in eastern Romania, was severely hit by the recent flooding. The county of Vaslui was…
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Bucharest Christmas Market 2024 to open at the end of November
Bucharest Christmas Market, the main event of the holiday season in the Romanian capital city, will open its doors on November 29. According to an announcement from CREART – Bucharest’s Center for Creation, Art and Tradition, the annual fair will once again transform Constituției Square in downtown Bucharest, close to the Parliament Palace, awaiting visitors…
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TIFF Unlimited Caravan stops in Brașov in October
The last stop of this year’s TIFF Unlimited Caravan will be in Brașov, between October 4 and 6, the organizers said. The event will bring Romanian and foreign premiere films, a cine-concert, special guests, and children’s programs to the city. Probably the most anticipated Romanian film of the year, Moromeții 3 (directed by Stere Gulea),…
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George Enescu Competition 2024: Ukrainian Roman Lopatynskyi wins piano final
Ukrainian Roman Lopatynskyi (opening photo) has won the piano section of the 2024 George Enescu International Competition, currently taking place in Bucharest. Russian pianist Tatiana Dorokhova was placed second, while Russian Evgeny Konnov was third. In the final, Lopatynskyi performed Johannes Brahms’s Concerto No. 2 in B flat major for piano and orchestra op. 83.…
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One of Romania’s most dangerous gangsters sentenced to prison in US
Florin Duduianu, one of Romania’s most dangerous gangsters, was recently sentenced to five years in prison for bank fraud and identity theft, according to the United States Department of Justice. Duduianu, 39, pleaded guilty to three charges of bank fraud and illegal use of credit cards. He was then found guilty of two counts of…
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British chain of fish & chips restaurants reportedly makes Romania priority for international expansion
British chain of fish & chips restaurants Harry Ramsden’s recently began a push for international expansion and made Romania a priority due to the lack of local competition in this segment, Profit.ro reported. It reportedly targets Bucharest and other large cities. Harry Ramsden’s has been in the market in Britain since 1928. The brand’s story…