Category: Uncategorized
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Romanian SocDem senior member says “all options” are possible after elections
Romanian Social Democrat (PSD) MEP Mihai Tudose said “all options” are possible after the parliamentary elections in terms of forming the ruling coalition, implying that the incumbent ruling alliance still depends on voters’ options and even the far-right party AUR may be part of a post-electoral coalition. His rhetoric, however, seems rather aimed, on the…
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Romania’s leading financial group expands range of medical services financing
BT Direct and iStoma announced a partnership to make it easier for the population to access medical services so that customers can pay in installments at more than 1,500 dental clinics in the country. Customers can pay for fixed installments for up to 60 months. BT Direct is the personal financing company of Banca Transilvania…
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Healthcare provider Affidea continues investments in Romania
Affidea Romania, the local subsidiary of the Affidea Group, provider of high-performance diagnostic imaging, outpatient, and treatment services, has invested more than EUR 8 million in the clinic network in the first six months of the year and plans to invest over EUR 25 million in new clinics by the end of 2024. Affidea is…
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Bookster claims it paid royalties for each book lent but not to the publishing houses
Bogdan Georgescu, one of the founders of Bookster – the innovative library turned into a book delivery service, currently engaged in a dispute with the publishing houses, said that while it operated as a public library, it paid the royalties in line with the relevant legislation to the relevant collective intellectual property management body CopyRo,…
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Lending gains momentum in Romania to +6.8% y/y at end-July
The stock of bank loans in Romania increased by 6.8% y/y to RON 404.0 billion (EUR 81.3 bln) at the end of July, accelerating slightly from +6.7% y/y at the end of June and +6.4% y/y at the end of 2023. Speaking strictly of the loans denominated in local currency, it seems retail lending is…
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Romania’s public debt hits 52.6% of GDP after latest FX bond in May
Romania’s public debt reached RON 862.3 billion (EUR 173.3 bln) at the end of May, RON 9.5 bln (EUR 1.9 bln) more compared to a month earlier after the government raised EUR 3.24 bln with the third series of Eurobonds this year. The debt-to-GDP ratio reached 52.6% at the end of May, from 52.1% at…
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Romania’s per-capita public health spending is half of EU average
Romania spent only EUR 1,663 per capita on health in 2021, which is half of the EU average. In total, health expenditures represented 6.5% of the Gross Domestic Product (GDP), compared to the average of the European Union member countries of 11%, according to the data from an OECD report (Organization for Economic Cooperation and…
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Two lynx kittens and their mother filmed in Romanian forest
A wildlife motoring camera recently captured rare images of a female lynx and her two kittens in a forest in Poiana Teiului Forest District in Romania’s Neamț county. Forest management company Romsilva shared the video on social media. “The female lynx usually has two kittens, much less often even three, which remain in the mother’s…
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Romanian DIY retailer Dedeman looking to hire IT specialists for new DedeTech project
Romanian do-it-yourself (DIY) retailer Dedeman, controlled by entrepreneurs Adrian and Dragoş Pavăl, announced the launch of its DedeTech project, opening up opportunities for IT professionals. Through this initiative, the company said it aims to revolutionize its digital infrastructure, focusing on optimizing the logistics and e-commerce processes of its 62 stores nationwide. In this context, Dedeman…
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Romanian Emanuel Pârvu’s latest feature wins Sarajevo Film Festival top award
Trei kilometri până la capătul lumii/Three kilometers to the end of the world, the latest feature directed by Romanian Emanuel Pârvu, received the Heart of Sarajevo for Best Feature Film at the 2024 Sarajevo Film Festival, the event’s top award. The film, which also received the Queer Palm 2024 Award at Cannes, will be released in local cinemas…