Category: Uncategorized
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World-renowned experts gather in Bucharest on 5-6 June for the “Learning Tapestry Conference: The Future of Education. A conference on educating the heart and mind”
Social-emotional education, one of the eight pillars of future education Richard Joannides, founder of the Verita International School and co-founder of the Verita Foundation: “Education forms a vibrant and intricate tapestry, each thread signifying distinct skills, talents and knowledge. Our conference aims to reveal such patterns, highlighting the new roles of learning, compassion and wisdom.”…
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@Romania: Local NGO promoting Romania reaches 1 million followers on Instagram
Local NGO @Romania has managed to gather more than 1 million followers on Instagram in five years, portraying Romania as a destination worth visiting. It has a total audience of over 3 million followers on all platforms, out of which 1 million on Instagram and 1.7 million on TikTok. @Romania is a non-governmental organization founded in…
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Central Romania: Braşov opens its “largest and greenest” public transport terminal
The City Hall of Braşov, in central Romania, opened this past weekend the city’s “largest and greenest” public transport terminal, which features 12 platforms, fast charging stations for electric buses, photovoltaic panels, and a green roof. The new terminal, which required an investment of RON 16.4 million (some EUR 3.3 million), ensures the connection between…
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European elections 2024: Romania to open more than 900 polling stations abroad
The Romanian Ministry of Foreign Affairs (MAE) said that 915 polling stations would be opened abroad for the upcoming elections for the European Parliament, scheduled for June 9. This is more than double the number of polling stations available for Romanians abroad at the 2019 European elections – 441. Most polling stations will be opened…
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In pictures: Northern Lights visible from across Romania
The Northern Lights were visible in Romania on the night of Friday, May 10, to Saturday, May 11, due to a powerful geomagnetic storm. Last week’s episode was one of the most intense and widespread episodes of the Northern Lights ever recorded at Romania’s latitudes. Residents from several counties in the country took photographs capturing the phenomenon and how…
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Romania’s PM hints transfer of Patriot system to Ukraine not a done deal
Romania’s prime minister, Marcel Ciolacu, said in the evening of May 12, speaking for Antena 3, that the minister of defense Angel Tîlvăr expressed in a discussion “serious reservations” about the possibility of Romania giving a Patriot defense system to Ukraine. “But the decision is taken together with the president in the country’s supreme defence…
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Romania’s largest lender Banca Transilvania announces 35% higher net profit in Q1
Banca Transilvania, the financial group that includes the largest bank in Romania by assets, announced its consolidated net profit increased by 35% y/y to RON 1.13 billion (EUR 226 million) in Q1. The bank’s net profit was RON 913 million, marking the same 35% annual advance. The group’s assets reached approximately RON 176 billion, while…
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Chimcomplex completes green polyol manufacturing capacity in Romania
Chimcomplex (BVB: CRC) announced it completed a EUR 2.4 million (eligible value) project aimed at implementing innovative green technology to produce new environmentally friendly polyols on April 30. The project was implemented at the industrial platform at Ramnicu Valcea (formerly Oltchim platform), and it was co-financed through the “Business Development, Innovation, and SMEs” program, with…
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Czech Agrofert completes acquisition of major Romanian grain trader East Grain
The Czech agri-food group Agrofert, controlled by former prime minister Andrej Babis, received the European Commission’s approval to take over the Romanian grain and oilseeds trader East Grain. The transaction relates primarily to a 65% stake in the Romanian company, taken over through a capital increase, Ziarul Financiar reported. East Grain, part of East…
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Bakery group Bimbo confirms second major takeover in Romania
Mexican bakery group Bimbo informed its shareholders that a year after it took over Romania’s leading player Vel Pitar for EUR 200 million, it expanded with another deal that includes Trei Brutari and three franchisees owned by local entrepreneur Andrei Siminel, Profit.ro announced. All companies posted aggregated revenues of around RON 300 million (EUR 60…