Category: Uncategorized
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Expectations of Romanian CFA analysts are gloomiest in two years
The macroeconomic situation is rather good, it has actually improved recently, but it is going to deteriorate sharply in the coming quarters, according to the outcome of the latest survey carried out at the end of August among the Romanian CFA analysts. Thus, the indicator that reflects the current conditions improved by 4.9 points to…
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Romanian startup launches recycling app to amplify SGR system
Reverse PET, the app that seeks to turn recycling into an easy and rewarding activity, recently launched in Romania. The new digital tool covers the recycling of plastic bottles, cans, or glass bottles marked with the SGR symbol, rewarding users for each bottle collected. The app’s development was inspired by the Returnable Deposit System, or…
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Medium-intensity earthquake shakes Bucharest and Eastern Romania
An earthquake of magnitude 5.4 shook Romania’s capital Bucharest and parts of Eastern Romania on Monday afternoon, September 16, around 17:40. No damages were reported after the event. According to the National Institute for Earth’s Physics (INFP), the earthquake occurred in the Vrancea seismic area, some 56 km North-West of Buzau and 59 km East…
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Romania and United States sign USD 10 mln Child Protection Framework Partnership
Romania and the United States, through the head of the prime minister’s chancellery Alexandru-Mihai Ghigiu, and the US ambassador to Romania, Kathleen Kavalec, have signed a five-year Child Protection Framework Partnership valued at USD 10 million. The purpose of the partnership is to create a victim-centered prevention strategy and protect child victims of trafficking, according…
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Storm Boris brings snow on Romania’s Transalpina mountain road
A snow layer of around 5 cm has fallen on Romania’s Transalpina mountain road, at altitudes over 1,900 meters, according to Gorj County authorities. The snow is particularly present in the Dengherul – Cărbunele sector, and visibility is reduced due to fog. The Gorj Mountain Rescue Service (Salvamont) advises drivers intending to cross Transalpina over…
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Korean defense giant Hanwha Aerospace set to build armored vehicle factory in Romania
Hanwha Aerospace, the largest defense company in South Korea, will begin construction of an armored vehicle factory in Romania at the beginning of next year, according to News.ro. The group plans to make Romania a regional hub for all Hanwha’s land systems in Europe. Back in July, Hanwha signed a USD 1 billion contract to…
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Romania events: Colm Tóibín, Abdulrazak Gurnah, Zeruya Shalev among guests of this year’s literature festival in Iași
Nobel Prize for Literature winner Abdulrazak Gurnah, Irish novelist, poet and playwright Colm Tóibín, Spanish author Clara Usón, Israeli writer Zeruya Shalev, and French novelist and essayist Pascal Bruckner are among the guests of this year’s Iaşi International Festival of Literature and Translation (FILIT). The event, scheduled to take place between October 23 and October…
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Expansion project at Romania’s famous Turda Salt Mine set to start in 2025
Turda Salt Mine (Salina Turda), one of the most spectacular tourist destinations revealing Romania’s underground wonders, will expand under a project set to kick off in 2025. The plan is to open another mine to tourists, which, local authorities say, would double the number of visitors. The project targets the 10,000 sqm Iosif mine, which…
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Nicolae Ciucă confirmed as Romanian Liberals’ presidential candidate
The National Council of the Romanian Liberal Party (PNL) officially designated its leader, Nicolae Ciucă, as the presidential candidate. The decision was taken unanimously, according to Digi24. “I am the candidate of the National Liberal Party in the presidential election, and I feel it is my most important mission so far,” Ciucă said. He also…
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Storm Boris batters Romania, causing severe floods and six deaths
The storm Boris, which caused temperatures in the central and eastern European region to plummet and floods to take place, has led to severe damages and the death of six people in Romania’s Galați County. Two people are still missing. Hundreds lost their homes after floods hit particularly rural areas in several counties in eastern…