GDF International, the majority shareholder of Engie Romania, one of the largest gas distributors and suppliers in the country, sent Fondul Proprietatea an offer of EUR 87 million for the 12% stake that the Fund owns in Engie Romania.
The offer values Engie Romania at EUR 725 million. The company, in which the state is the second largest shareholder (37%), reported a net turnover of RON 15 billion (EUR 3 billion) and a net profit of RON 637 million (EUR 130 million) in 2022.
The...
Romanians living abroad are the first to cast their ballots in the second round of the 2025 presidential election, with voting officially starting on Thursday, May 15, at 22:00 Romanian time, when the polling station in Auckland, New Zealand, opens its doors, the electoral authority
The Fortified Church of Apold, in central Romania’s Mureş county, will open on May 17 for a performative evening that is meant to transform the historical site into a lively space, CasApold Association, the organizers of the event, announced. The program of the evening includes community interventions, live music, candlelight tours, art installations and the […]
The weekend of the presidential elections run-off brings film and design festivals, the crowd-pleaser Night of Museums, and a Festival of Pirates in the Danube Delta.
Loud screens and noise stress young children and affect their development Sound pollution in Romanian homes affects children's learning, play, and sleep, who are more vulnerable to noise than adults Studies show that children exposed to TV for 2 hours daily are 6 times more likely to experience language development delays Renowned doctor: Experiences actually […]
Estonian cinema will take center stage at the 24th edition of the Transilvania International Film Festival (TIFF) in the Focus Estonia program, presenting a curated selection featuring both recent releases and rediscovered classics, screened in restored versions. Among the films to be screened is Moonika Siimets' The Black Hole (2024), a dark sci-fi comedy inspired […]
The ITH Group, which includes the portals Vola.ro, Fru.pl, and GoVola.com and operates in Romania, Poland, and Bulgaria, announced the direct integration of LOT Polish Airlines flights into its own platforms. The collaboration strengthens the group’s position as a regional leader in flight ticket distribution, according to its press release. This will be achieved through […]
