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IMF not to give up on private management at certain companies

June 11, 2014

Following the meeting, Minister of Transports Dan Sova asked the International Monetary Fund (IMF) to remove some companies from private management as there were cases when the managers did not observe the AGM decisions made in accordance with the IMF agreement. “…I said it is very difficult to ask me to observe some things as [...]

The text of this article has been partially taken from the publication:
http://www.nineoclock.ro/imf-not-to-give-up-on-private-management-at-certain-companies/
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Taifas: Timișoara festival to feature Radu Jude retrospective, music, and literary events

The third edition of Taifas Balkan Film and Culture Festival, set to take place in Timișoara between October 13 and October 19, will include a retrospective dedicated to Romanian director Radu Jude. The public will be able to see the director's short films, in addition to a preview of his latest production, Dracula, presented at […]

Sursa: Light art festival brings immersive installations, projections to Bucharest

Sursa International Light Art Festival, an event featuring immersive installations, projections, and light structures, will take place at the National Library of Romania from October 13 to October 19. The event brings together international and Romanian artists “in a visual dialogue about technology, architecture and sensitivity,” the organizers announced. “We wanted to build the opportunity […]

Romanian Army reportedly acquires drone detection systems from Germany’s Rheinmetall

Romania’s Defense Ministry has signed a contract worth RON 50.4 million with Rheinnmetall Automecanica, a subsidiary of the German defense industry giant Rheinmetall, for the delivery of drone detection systems, Economedia.ro reported. The radar system will be delivered within 18 months at most and will reportedly be...

Western Romania: Former cinema hall in Cluj to reopen as music hub

The former Steaua Roșie cinema in Cluj-Napoca will reopen as Edison-House of Music, a cultural hub dedicated to music and community, the organizers of the Jazz in the Park festival announced. Built in the early 1900s, the Edison building became, after World War II, the Steaua Roșie cinema. After 1989, the venue underwent several changes […]

Romania reports record levels of precipitation after cyclone Barbara in early October

Unprecedented amounts of precipitation have been recorded in Romania as cyclone Barbara hit the country on October 5-8, according to the authorities. At the same time, Bucharest exceeded the absolute maximum levels of rain for October. “Between October 5–8, 2025, Romania was affected by the Mediterranean cyclone Barbara, which formed over the Ionian Sea and […]

Romania launches first AI Factory as part of European innovation network

Romania is one of six European countries recently selected to develop a new artificial intelligence and supercomputing center under the EuroHPC – AI Factories program. The project, known as the AI Factory, will be Romania’s first national AI infrastructure, marking a major step toward strengthening its digital and research capabilities. The initiative will be led […]