The Government Sponsors the Establishment of Hungarian Cultural Centers in Romania

The Government Sponsors the Establishment of Hungarian Cultural Centers in Romania

Jan 22, 2019

The Hungarian Government has supported the Iskola Alapítvány (School Foundation) in Romania’s real estate investment. The investment will involve two big cities: Nagyvárad (Oradea) and Kolozsvár (Cluj-Napoca). The Sonnenfeld Palace, one of the largest and most beautiful buildings in Nagyvárad, has been purchased, according to HungaryToday.hu. In the...

Glovo food delivery service expands to Cluj, Iasi, Timisoara

Glovo food delivery service expands to Cluj, Iasi, Timisoara

Jan 21, 2019

Glovo, the Spanish app that allows users to order food, but also almost anything, has been operating in Bucharest for seven months and is now preparing to expand to Cluj-Napoca, Timisoara and Iasi, says Romania-Insider.com. About 80,000 burgers were commissioned by the Bucharesters in just seven months since the launch of Glovo in Romania. A total of 300,000...

Libris.ro sold 1.5 million books in 2018; 5 out of 9 bestselling authors are Romanian

Libris.ro sold 1.5 million books in 2018; 5 out of 9 bestselling authors are Romanian

Jan 21, 2019

Libris.ro, the largest online bookstore in Romania, sold over 1.5 million books in 2018. Five of the 9 authors of the 10 best-selling books in 2018 are Romanians and Irina Binder is in the top 10 with 2 volumes, according to Business-Review.eu. ‘The stranger next to me’, by Irina Binder, was the bestselling book on Libris.ro in 2018, being the favorite book...

Tax on financial assets has deep impact, top Romanian lender says

Tax on financial assets has deep impact, top Romanian lender says

Jan 21, 2019

Romania’s largest lender Banca Transilvania said, in a comment for local financial daily Ziarul Financiar, that the tax on financial assets enacted as of January 2019 is nothing less than a nationalization of banks’ profits that will hinder any bank development plan in the coming period, according to Romania-Insider.com. Banca Transilvania argued that it...

Romanian university joins UN’s Sustainable Development Solutions Network

Romanian university joins UN’s Sustainable Development Solutions Network

Jan 20, 2019

Babeş-Bolyai University (UBB), a public university in western Romania’s Cluj-Napoca, has joined the UN Sustainable Development Solutions Network (SDSN), according to Romania-Insider.com. It is the first university in Romania to be part of the network, which has been operating since 2012 under the auspices of the UN Secretary-General. The network promotes...