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Romania’s ex-anticorruption head takes home Woman in Power award

Posted by on Dec 8, 2019 in NEWS | 0 comments

Romania’s ex-anticorruption head takes home Woman in Power award

Laura Codruta Kovesi, the former chief prosecutor of Romania’s National Anticorruption Department (DNA), won the Woman in Power award at the fourth annual edition of the Women of Europe Awards organized in Brussels, according to Romania-Insider.com. Kovesi recently became the first Chief EU Public Prosecutor at the newly established European Public Prosecutors Office (EPPO), and was awarded this prize “for showing extraordinary political leadership in Europe through her notable work against high-level corruption in Romania.” “I am very...

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Drone Champions League took place in Salina Turda, in the heart of Transylvania

Posted by on Dec 8, 2019 in EN | 0 comments

Drone Champions League took place in Salina Turda, in the heart of Transylvania

Emotion ran deep on December 6-7 as Britain’s XBlades Racing captured their third consecutive season triumph in the Drone Champions League, the World Championship for professional drone racing teams, at the 2019 finale in Salina Turda, Romania. In a salt mine 150 meters below the surface, the British team clinched the crown on the first day of racing. But the overall season performance of two DCL newcomers – Denmark’s APEX Racing in second and Russia’s Drone Sports in third – as well as fourth-place Veloce Racing of Korea,...

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Local player opens first Xiaomi franchise in Romania

Posted by on Dec 7, 2019 in NEWS | 0 comments

Local player opens first Xiaomi franchise in Romania

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 the European market, from electric scooters to smart toothbrushes, from the latest Mi smart phones to smart home bulbs, and from robot vacuum cleaners to mobile phone...

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Business Review: Romania’s top 10 ambassador brands

Posted by on Dec 2, 2019 in NEWS | 0 comments

Business Review: Romania’s top 10 ambassador brands

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 Business-Review.eu.   DACIA The Dacia plant produces about 350,000 cars annually, most of which are exported to 44 countries. The Dacia Duster SUV is the best-selling SUV in Europe....

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World Ski Awards names Romania’s best ski resort of 2019

Posted by on Dec 1, 2019 in NEWS | 0 comments

World Ski Awards names Romania’s best ski resort of 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 resort, explained, according to Romania-Insider.com. The other nominees from Romania for the 2019 title were Arena Platos Paltinis, Azuga, Poiana Brașov, Predeal, Ranca, Straja, Vatra...

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New Europe: EU body calls for better cohesion policy to stop brain drain

Posted by on Nov 30, 2019 in NEWS | 0 comments

New Europe: EU body calls for better cohesion policy to stop brain drain

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 developed country. He explains that one out of four high-skilled workers has left his country, and urges the Union to address the social and economic imbalances between its regions. Boc...

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Romania’s Banca Transilvania repurchases 1.83 mln own shares

Posted by on Nov 28, 2019 in NEWS | 0 comments

Romania’s Banca Transilvania repurchases 1.83 mln own shares

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 September, Banca Transilvania said it will seek to buy back a total of 15 million of its own shares for up to 60 million lei.The bank will offer to pay a minimum price equal to the...

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MagicHome, a shelter for parents of children with cancer, opens in Bucharest

Posted by on Nov 28, 2019 in NEWS | 0 comments

MagicHome, a shelter for parents of children with cancer, opens in Bucharest

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 Association, founded by former health minister Vlad Voiculescu and journalist Melania Medeleanu, raised EUR 200,000 through a text message donation campaign, in just three weeks, in November...

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Simona Halep Will Not Play in Fed Cup Next Year

Posted by on Nov 27, 2019 in NEWS | 0 comments

Simona Halep Will Not Play in Fed Cup Next Year

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 is playing Russia in the qualifying tie for the Fed Cup – the winner of the tie will advance to the Fed Cup Finals which are to be held in Budapest in April next year. The dates...

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Military parades, concerts planned for December 1

Posted by on Nov 27, 2019 in NEWS | 0 comments

Military parades, concerts planned for December 1

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 military and religious ceremony and the laying of wreaths at the Tomb of the Unknown Soldier in Carol Park. Romania working to rescue more than 14,000 sheep aboard capsized cargo ship Later,...

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