Romanians managed to set a new Guinness World Record, after on Wednesday, 31 October, on International Day of Savings, a total of 13,230 people from 25 cities in the country participated in the biggest financial education lesson, announced the initiator of this action, Romanian Commercial Bank / Banca Comerciala Romana (BCR), in a press release issued on Thursday. The record was approved on Thursday morning by Guinness World Records. In order for the record to be validated, it was necessary for at least 5,624 people to participate simultaneously, this being the number of participants registered in 2013 at a similar initiative, in the USA. “The record belongs to the Romanians and to Romania, the success is ours, of all those who trust that the path to prosperity goes through education, the path to financial independence goes through education. The record belongs to the people who entered classrooms and to those who wanted but did not make it. The record belongs to my colleagues who demonstrate also on this occasion that banking firstly means people and communities around a joint mission. We are proud to have contributed by exemplary mobilization of my colleagues in the bank to organizing an event of this magnitude across the country. Romania needs trust, and this trust is born out of achievements, comes when we demonstrate that we can mobilize together for an important cause for the future of each of us. Our responsibility is to make resources available, especially educational ones, in order to contribute to creating prosperity in Romania,” said Sergiu Manea, the CEO of BCR.
Daniel Christian Hulea, a Romanian man accused of contributing to the NetWalker ransomware attacks, has been sentenced to 20 years in prison after pleading guilty to conspiracy to commit computer fraud and wire fraud, according to a public announcement from the US Department of Justice. NetWalker was a Ransomware-as-a-Service operation launched in 2019, which recruited […]
The new Romanian government, headed by the same Social Democratic prime minister, Marcel Ciolacu, recently made its governance program public. Among its objectives are reducing the level of bureaucracy, maintaining the flat tax rate, and reducing the budget deficit to 7% in 2025. To reach its goals, the government reduced the number of ministries to […]
The European Commission (EC) announced on Monday, December 23, that it disbursed payments under the Recovery and Resilience Facility (RRF) to Czechia, Germany, Italy, Portugal, and Romania, totaling EUR 26.8 billion in loans and grants. Under this latest disbursement, Romania received EUR 37.05 million as part of its second payment request. By comparison, according to the...
Romanian film trilogy Moromeții, directed by Stere Gulea, will be presented at the 54th edition of the Rotterdam International Film Festival, taking place from January 30 to February 9, 2025. This renowned European event, which annually presents hundreds of films across more than 20 sections, will feature the three films - Moromeții (1987), Moromeții 2 […]
Romania issued state aid worth EUR 1.3 billion during 2019-2023, with 62% of the projects being granted to foreign companies, according to an analysis conducted by EY Romania. The sectors that benefited the most from aid were the automotive industry, technology, manufacturing (light industry), medical industry, and the food and beverage industry. According to the […]
The Abracadabra – Secrets of Magic interactive exhibition will transform Arcub – Hanul Gabroveni in Bucharest into a magical universe starting December 27, 2024. Running until May 4, 2025, the event offers visitors the opportunity to explore a labyrinth of magic, featuring over 20 interactive attractions and more than 500 live performances by MAGITOT and […]
