Emerging Europe’s airports see sharp growth as freight hubs

Emerging Europe’s airports see sharp growth as freight hubs

Oct 10, 2019

Six airports in emerging Europe rank amongst the top 10 fastest growing freight hubs in Europe over the last decade, with three – Burgas in Bulgaria and Cluj-Napoca and Timișoara in Romania – making the top five, according to Emerging-Europe.com. Riga in Latvia, Bratislava in Slovakia and Vilnius in Lithuania are the three others which make the top 10. The...

Romania’s Parliament votes out Dancila cabinet

Romania’s Parliament votes out Dancila cabinet

Oct 10, 2019

Romania’s Parliament on Thursday voted a no-confidence motion against the Social Democrat Government led by prime minister Viorica Dancila. The motion passed with 238 votes for, 5 more than the minimum required (233 votes), according to Romania-Insider.com. It is for the first time since May 2012 and for the second time in the last 30 years when the opposition...

Asian investors increasingly attracted by growth of CEE office market

Asian investors increasingly attracted by growth of CEE office market

Oct 9, 2019

The economies of Central and Eastern Europe continue to grow due in large part to their openness to world trade, facilitated by huge investments in transport infrastructure, according to Emerging-Europe.com. The cities of emerging Europe dominate a list of the fastest growing metropolitan areas in the European Union in a new report, Thriving Metropolitan Cities,...

Bucharest has one third of Romania’s university graduates

Bucharest has one third of Romania’s university graduates

Oct 8, 2019

Most graduates of higher education institutions in Romania live in Bucharest (33 percent), Cluj-Napoca (11 percent), Iasi (10 percent), Timisoara (7 percent) and Craiova (6 percent), according to data from the National Institute of Statistics. These five university centers with the most graduates also account for the highest amount of office spaces and office...

EIB lends EUR 7.5 mln to UK firm to develop food waste management solution in RO

EIB lends EUR 7.5 mln to UK firm to develop food waste management solution in RO

Oct 8, 2019

The European Investment Bank (EIB) announced that it would extend a EUR 7.5 mln loan to Winnow, a technology company established in the United Kingdom in 2013, which aims to develop in Romania a software and hardware food waste management solution to help restaurants optimize the use of raw materials, according to Romania-Insider.com. The company will use the...

Two runners die in mountain marathon in Romania

Two runners die in mountain marathon in Romania

Oct 7, 2019

Two runners lost their lives in a mountain marathon in Romania’s Piatra Craiului mountains on Saturday. The two athletes, a 45-year old woman and a 39-year old man fell 70 meters into a ravine. The man was a doctor from Cluj-Napoca who worked in England, according to Stirileprotv.ro. The mountain rescuers, who were close by, got to them within 10-15 minutes...