Category: Uncategorized

Via Transilvanica, Romania’s longest hiking trail, was briefly promoted in the famous Times Square in New York City last week. The ‘path that unites,’ as the trail has been dubbed, had “a few minutes of glory” as it appeared in a spot running on the Nasdaq Tower digital billboard. “The road between Putna and Drobeta-Turnu…

Romanian airline Legend Airlines has applied for authorization from the US Department of Transportation to operate charter flights between the European Union and the United States, according to Profit.ro quoting Ch-aviation. Legend Airlines operates a fleet of four A340-300 aircraft, two of which are wet-leased to Neos Air of Italy.  In June, the first direct…

Romanian flag carrier Tarom has permanently transferred its two slots per day at London Heathrow (LHR) to Qatar Airways for an undisclosed sum, SimpleFlying announced. However, the price must have been above GBP 20 million (EUR 23.5 mln) since BoardinPass reported last December that the Romanian airline rejected an offer for this amount. Separately, SimpleFlying…

Romania’s natural gas company Romgaz (BVB: SNG) announced that the Spanish contractor Duro Felguera dedicated only 70% of the resources pledged under the contract for the completion of the Iernut gas-fired power plant, and consequently, only 91% of the project was so far completed, according to Ziarul Financiar quoting the Romanian company’s H1 financial report.…

The net profit of Romanian natural gas grid operator Transgaz (BVB: TGN) surged 2.5 times y/y to RON 176 million (EUR 36 mln) in H1, amid higher tariffs and more revenues generated by the company’s subsidiary in Moldova, Vestmoldtransgaz – where Transgaz holds 75% and the European Bank for Reconstruction and Development 25%. The market…

On June 30, 2024, EVERGENT Investments, a company listed under the ticker EVER, reported a net result of 250 million lei, which is 2.6 times higher than the budgeted level for the entire year of 2024. This figure includes a net profit of 122.5 million lei and a net gain of 127.5 million lei from…

The heat has been never-ending and relentless this summer. The only thing that makes it more tolerable are the nights and for film buffs, all the night-time outdoor events. You could also call them the tropical movie nights of 2024. Speaking of “tropical”, there is one initiative I have not mentioned so far, but it…

Untold, the music festival held yearly in western Romania’s Cluj-Napoca, had more than 427,000 participants at this year’s edition. More than 30% of them came from abroad, a 5% increase compared to the previous year, the organizers estimate. Germany, the UK, France, Italy, Poland, Spain, the Netherlands, Belgium, Switzerland, Austria, Norway, Hungary, Ireland, Slovakia, and…

A selection of Romanian films, foreign productions and concerts are part of the program of Alba Iulia Music & Film Festival (AIMFF), scheduled to take place between August 23 and August 25. The 12th edition of AIMFF will open on August 23 with Stere Gulea’s Moromeții 3. Unlike the previous two films, it is not…

Heart2hearT, a show by Romanian choreographer Gigi Căciuleanu on a score by Romanian composer Dan Dediu, is shown at Battery Dance Festival in New York this week, the Romanian Cultural Institute (ICR) announced. The performance is a free choreographic duo inspired by the story of the Miorița, seen as a “symbol of absolute devotion and…