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Recent News

Philipp Yuryev’s ‘The Whaler Boy’ wins top prize at Transilvania Film Festival

Philipp Yuryev’s “The Whaler Boy,” which took home the Venice Days award at last year’s Venice Film Festival, won the top prize at the Transilvania Film Festival...

App aiming to combat food waste launches in Romania

Munch, a platform allowing restaurants, bakeries, stores, and hotels to offer unsold products at discounted prices, is available in Cluj-Napoca, in western Romania, according...

România: Almost 3,100 companies, legal persons enter insolvency in first half of the year

The number of companies and legal persons (PFA) that entered into insolvency increased by over 30pct in the first six months of this year,...

Romania’s Govt seeks ways to increase disappointing vaccination rate

Romanian health minister Ioana Mihăilă said that she proposed, in the governing coalition meeting, a series of measures to accelerate the COVID-19 vaccination campaign, says...

Speedwell fully repays the 10.1-million-euro loan to BRD Société Générale Group

The 10.1-million-euro loan Speedwell received from BRD Société Générale Group, for the development of the residential component of Record Park in Cluj-Napoca, has been...

Deloitte study: housing in Romania, among the cheapest in Europe

New dwellings’ prices sold on the Romanian market increased by 3.1% in 2020 compared to the previous year, reaching an average of 1,322 EUR/sqm....

International premiere of the documentary developed with Council of Europe support, “Our Eve” at TIFF

Throughout 23rd of July and 1st of August, Our Eve, a long documentary addressing a series of human rights issues concerning people with disabilities...

Prefera Foods raises 5 mln euro in bond placement, to expand in Europe, U.S

Canned food producer Prefera Foods said that it has raised 5 million euro ($5.9 million) in a private bond placement and plans to expand...

Banca Transilvania leads blue-chip gainers on Bucharest stock exchange

Romanian lender Banca Transilvania led the gainers among the blue chips on the Bucharest Stock Exchange (BVB) on Tuesday, bourse data showed. The total...

Prices of new apartments in Bucharest up 9.6% y/y in June

The average prices asked by developers for the new apartments on sale in Bucharest increased by 9.6% year-on-year to EUR 1,561 as of June,...