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NATO’s Deployable Command and Control Centre (DACCC) moved its deployable air defence radar LANZA LTR-25 and support crew from Poggio Renatico in Italy to Cataloi in Romania, NATO said. The DACCC declared Initial Operational Capability of the radar on August 14, enabling it to enhance surveillance coverage on the border of Romania, especially to detect…

Developing a tourism project in a protected natural area, recognized with the UNESCO World Heritage status, came with its own set of complexities, but the commitment to sustainability and eco-tourism was placed at the heart of the endeavor, Dragos Anastasiu, the owner of Green Village resort, explains. This is how the right balance was achieved…

WebPros of Luxembourg, a major web enablement ecosystem with the industry-leading web automation software platforms, announced that it is taking over SocialBeee, a rapidly growing Romanian provider of social media management tools and services. SocialBee, owned by Vlad Hosu (40%), Ovidiu Vasile Negrean (40%), and Vlad Alexandru Ardelean (10%), reported its turnover rose by 30%…

Banca Transilvania (BVB: TLV), the largest bank in Romania by assets, reported its net profit surged by nearly 43% y/y to RON 1.81 billion (EUR 360 mln)in H1 while the profit of the entire financial group rose to RON 2.15 bln, up 35.7% y/y.  The contribution of non-bank subsidiaries and equity participations to the group’s…

Marcel Ciolacu, Romania’s prime minister and leader of the ruling Social Democratic Party (PSD), reportedly announced party colleagues of his decision to join this year’s presidential race. In an audio message quoted by G4media.ro, he said the decision would be discussed at the PSD Congress on Saturday when he will also present his “plan for…

Quarks Interactive, an innovative quantum computing startup and a proud member of SeedBlink’s portfolio, is thrilled to announce the launch of Quantum Odyssey: Essentials on the Apple Store and Google Play. This mobile version of the award-winning PC title Quantum Odyssey on Steam brings over 250 real quantum computing puzzles and a dozen fully narrated learning…

Romanian violinist Diana Jipa and pianist Ștefan Doniga will go on a special world tour this fall, scheduled to last less than 30 days and cover six continents – a first for Romanian music, according to the organizers. The repertoire includes works by George Enescu, Anton Pann/Ioan Dobrinescu, Walter Mihail Klepper, Dinu Lipatti, Béla Bartók,…

The British School of Bucharest (BSB) is thrilled to announce that its Year 13 students have achieved exceptional A-Level results once again, demonstrating remarkable academic excellence and dedication. With an initial 14% of grades being A*, 38% A*-A, and 88% A*-C, BSB students are exceptionally well-prepared to advance to some of the world’s most prestigious…

ROCA Industry, the first industrial holding in Romania, specialized in the production of construction materials, listed on the BVB main market under the symbol ROC1, recorded in the first semester of 2024 a cumulative turnover of RON 314.5 mln, according to the financial report for the first six months of the year.  Thus, the revenues…

Lior Ben Dor, Israel’s new ambassador to Romania, arrived in Bucharest on Tuesday, August 20. In this context, he noted that this new position is more than a diplomatic role for him, as both his parents and grandparents were born in Romania. “I am very proud and honored to represent the State of Israel –…