Dec 7, 2019

Romanian import and distribution firm GBR Tronics, with RON 8 million (EUR 1.7 mln) turnover in 2018, has opened the first Xiaomi shop in Romania, under franchise, Profit.ro reported. The showroom is located on Lipscani street, in Bucharest’s Old Town, according to Romania-Insider.com. The company distributes almost the whole Xiaomi range of products sold on...

Dec 2, 2019

Romanian companies have started to conquer foreign markets. From decades-old brands such as Dacia or Gerovital to new companies like UiPath or UNTOLD, these have become some of the best known brands in the world in their respective industries. Through their popularity, Romania has secured a place on the map of countries that produce global companies, says...

Dec 1, 2019

Sinaia, a mountain resort some 140 km north of Bucharest, was named Romania’s Best Ski Resort 2019 at the World Ski Awards, an event held this past weekend in Kitzbuhel, Austria. It is the third consecutive year that Sinaia wins the award, Maria Floricică, manager of Sinaia Urban Transport, the local council company administering the ski domain of the...

Nov 30, 2019

The SEDEC Commission of the European Committee of the Regions (CoR) adopted on 27 November an opinion by Emil Boc, mayor of the Romanian city Cluj-Napoca and former prime minister of the country, according to NewEurope.eu. In his opinion, Boc stresses the need to address the challenge of “brain drain“, or the emigration of highly qualified people to a more...

Nov 28, 2019

Romania’s Banca Transilvania (BT) [BSE:TLV] said that it has repurchased a total of 1,829,309 own shares in the period November 18-22 at a weighted average price per share of 2.47 lei ($0.57/0.51 euro), according to SeeNews.com. Banca Transilvania paid a total of some 4.5 million lei for the share repurchases during the review period, the lender said. In...

Nov 28, 2019

MagicHome, a shelter that will host the parents of children with cancer who go for treatment at the Fundeni Hospital in Bucharest – the biggest oncologic hospital in Romania, opened its doors officially on Tuesday, November 26. The project has been developed in two years and financed from private donations, according to Romania-Insider.com. The MagiCAMP...

Nov 27, 2019

Romania’s Simona Halep will not participate in the Fed Cup tournament next year as she does not like the new format and wants to focus on the Olympic Games instead, says Ion Tiriac, according to TennisWorldUSA.org. Ion Tiriac says, “Simona told me that she does not want to come to the Fed Cup because she is focusing on the Olympics.” Romania...

Nov 27, 2019

Large cities around in the country will organize events for Romania’s National Day, celebrated on December 1, according to Romania-Insider.com. In Bucharest, almost 4,000 military will take part in the National Day Parade, set to start on Sunday, December 1, at the Arch of Triumph, Europa FM reported. The December 1 celebrations will kick off with a...