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French Film Festival in several Romanian cities this spring

Posted by on Apr 24, 2018 in NEWS | 0 comments

French Film Festival in several Romanian cities this spring

The 22nd edition of the French Film Festival will kick off on April 24 in Bucharest, but it will also take place in several other Romanian cities, namely Arad, Braşov, Buzau, Cluj-Napoca, Constanta, Iasi, Sfantu Gheorghe and Timitoara. The event will end on May 6, according to Romania-Insider.com. The French Film Festival will open on April 24 with the screening of Madame Hyde, a 2017 drama film directed by Serge Bozon, at the Elvire Popesco Cinema in Bucharest. By cities, the festival will take place at Arta Cinema in Arad between May 4...

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Minister: Up to 9,000 bears may live in Romania

Posted by on Apr 24, 2018 in NEWS | 0 comments

Minister: Up to 9,000 bears may live in Romania

The authorities don’t know the exact number of bears roaming Romania’s woods but, according to some estimates, there may be some 8,000-9,000 bears in the country, environment minister Gratiela Gavrilescu said on Friday, according to Romania-Insider.com. “We don’t know exactly the number of bears in Romania. Based on data from local hunting organizations, there are approximately 6,000, but, in reality, through an inventory made with the naked eye by the Environment Ministry’s representatives, the species has multiplied very much due...

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American auto parts producer closes factory in Northern Romania

Posted by on Apr 23, 2018 in NEWS | 0 comments

American auto parts producer closes factory in Northern Romania

US auto parts producer TRW Automotive will close its wheel factory in Baia Mare, Nothern Romania, says TheDiplomat.ro. The factory’s 200 employees will remain unemployed, according to the local labor authority.  The factory opened five years ago and produced steering wheels for Ford, Volkswagen and Fiat, among others, according to Romania Insider. The group had to close the factory after losing some export contracts, according to the local authorities.  TRW has been operating in Romania for 14 years and also owns factories in Marghita...

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Eurostat: Romania’s deficit in 2017, below 3 pc of GDP, met the target

Posted by on Apr 23, 2018 in NEWS | 0 comments

Eurostat: Romania’s deficit in 2017, below 3 pc of GDP, met the target

Romania posted a budget deficit of 2.9 percent of GDP last year, Eurostat, the statistical office of the European Union, shows. Thus, Romania had the third-largest deficit among the 28 European Union member states and is within the parameters set out in the agreement with the EU, says RomaniaJournal.ro. Two Member States had deficits equal to or higher than 3 percent of GDP: Spain (-3.1 percent) and Portugal (-3.0 percent). In 2017, Malta (+3.9 percent), Cyprus (+1.8 percent), the Czech Republic (+1.6 percent), Luxembourg (+1.5 percent),...

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Romania beats Switzerland 3-1 in Fed Cup World Group play-offs

Posted by on Apr 23, 2018 in NEWS | 0 comments

Romania beats Switzerland 3-1 in Fed Cup World Group play-offs

Romania defeated Switzerland 3-1 in Fed Cup’s World Group play-offs. The Romanian team, led by WTA World No 1 Simona Halep, won its bid to return to the top tier of the Fed Cup by BNP Paribas in front of a record breaking audience of 10,000, according to Business-Review.eu. “It’s the first time when I’m in the team as the No.1 in the world,” Halep told fedcup.com ahead of the meeting. “Of course, it’s bigger pressure, and everyone expects me to win all the matches. It’s not easy in Fed Cup, it’s different – you’re...

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Greek travel show explores Dracula’s castle in Romania

Posted by on Apr 23, 2018 in NEWS | 0 comments

Greek travel show explores Dracula’s castle in Romania

Travel Diary, a Greek travel show, has made a video about their visit to the Bran Castle, in Transylvania, says Romania-Insider.com. The castle is one of the most popular tourist destinations in Romania and is also known as “Dracula’s castle.” Over 835,000 tourists visited it in 2017. Located 30 kilometers away from Brasov and 170 kilometers north of the capital Bucharest, the Bran Castle is now owned by Prince Dominic Habsburg-Lothringen, who got it back from the Romanian state in 2006. Dominic Habsburg-Lothringen is the son of...

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Ryanair recruits Romanian flight attendants for its European hubs

Posted by on Apr 16, 2018 in NEWS | 0 comments

Ryanair recruits Romanian flight attendants for its European hubs

Irish low-cost airline Ryanair will organize recruitment sessions for flight attendants in Romania in Bucharest, Cluj-Napoca, Iasi and Timisoara in the following weeks, starting April 18. Its partner Crewlink will organize these recruitments, according to Romania-Insider.com. Over 9,000 flight attendants currently work with Ryanair, and the company wants to hire more staff for its European hubs. No prior experience is needed, as the airline offers a full training. Earnings in the first year range between EUR 17,000 and EUR 23,000, according to...

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A royal friendship across the world: Romania and Jordan

Posted by on Apr 16, 2018 in EN | 0 comments

A royal friendship across the world: Romania and Jordan

The friendly relationship between the Royal Family of Romania and the Royal Family of Jordan is exemplary. This relationship has opened many opportunities for collaboration among people, institutions and companies in both countries. Those who established this lasting friendship were King Michael I and Queen Anne of Romania who in 1995 first visited the Hashemite Kingdom of Jordan. The royalties of the two countries have discovered many common passions. As a result, in 1996, at the invitation of the Royal Family of Jordan, their Royal...

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Romanian properties bring a fifth of Immofinanz’s rent revenues

Posted by on Apr 15, 2018 in NEWS | 0 comments

Romanian properties bring a fifth of Immofinanz’s rent revenues

Real estate investment company Immofinanz cashed in EUR 49.8 million in rents from its 15 properties in Romania. The amount covered 21.2% of the group’s total revenues from rents, according to Romania-Insider.com. In Romania, Immofinanz owns nine office buildings, and six retail units, with a 94.6% occupancy rate. The fund finalized EUR 622 million worth of investments in Romania. Its local properties cover 19.6% of its total portfolio value.   Read more...

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Japanese companies interested in Cluj-Napoca subway project

Posted by on Apr 14, 2018 in NEWS | 0 comments

Japanese companies interested in Cluj-Napoca subway project

Companies from Japan are interested in Cluj-Napoca’s project to develop a subway transport system in the city, according to Cluj-Napoca mayor Emil Boc, quoted by Romania-Insider.com. The municipality will first make a pre-feasibility study to assess the costs and the possible route of the subway. According to Boc, the subway is a long-term project as it is estimated that in 20-30 years Cluj-Napoca will reach one million inhabitants, Mediafax reported. At that moment it would be too late for the authorities to think of such a...

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