Banking sector and capital markets will dominate mergers and acquisitions in the financial service area in 2015, with over half (52pct) of CEOs intending to conduct acquisitions in the next 12 months, compared to only 29pct in 2014, according to the 12th edition of the EY survey – Financial Services Confidence Barometer. ‘The level of [...]
The assets of Romanian state-owned CEC Bank increased last year by 19% compared to the same period in 2023, while profit also rose. The group’s assets increased from RON 83.61 billion to RON 99.33 billion, while its net profit rose to RON 687.9 million, of which the bank’s net profit was RON 668.2 million. By […]
The Trump administration is considering pulling back around half of the American soldiers now present in Eastern Europe. Romania currently hosts around 3,000 US soldiers, most of them sent after the Russian invasion of Ukraine to serve as a deterrent. The possible retreat was reported by NBC News and confirmed by six American and European...
On Monday, April 7, EU Commissioner for Technology Henna Virkkune told members of the Committee on the Internal Market and Consumer Protection (IMCO) of the European Parliament that TikTok has made internal changes in an attempt to protect the Romanian presidential elections from foreign interference. The European Commission opened an investigation into the Chinese platform […]
Donald Trump Jr., the eldest son of the president of the United States, Donald Trump, is set to come to Romania on April 28, one week before the first round of the presidential elections, according to G4media.ro and Digi24.ro....
Well-known British newspaper The Guardian published a feature on Romania’s giant haystacks-style farming, highlighting its contribution to local wildlife but also its future challenges in the face of disappearing traditions and the encroaching modern agriculture. The author of the feature, Phoebe Weston, says that “golden haystacks shaped...
American hip-hop and trap producer Metro Boomin will perform in Romania for the first time this summer, headlining the anniversary edition of Untold festival with his only European festival show in 2025. Known for shaping the sound of modern hip-hop, he will take the main stage in Cluj-Napoca for a performance that promises to be […]
