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International oil market affects OMV Petrom * Company’s profit down almost 60 pc, sales down 16 pc in the first three quarters of 2015

November 6, 2015

At nine months OMV Petrom’s net profit stood at RON 991 M (EUR 223.1 M), down 59 per cent year-on-year. Its sales dropped by 16 per cent to RON 13.62 bln (EUR 3.06 bln), while the international price of oil dropped by 50 per cent compared to its 2014 levels. “In the first nine months […]

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Romanian Street Art Map highlights murals and public art nationwide

A new interactive map is bringing Romania’s street art scene into focus, documenting murals and urban art interventions across major cities and smaller towns. The Romanian Street Art Map highlights works from Bucharest, Cluj-Napoca, Iași, Timișoara, Sibiu, Constanța, Brașov, Craiova, Ploiești, Bacău, Reșița, and even seaside destinations such as Vama Veche, offering both locals and […]

L’Étape Romania by Tour de France brings traffic restrictions in Bucharest on August 31

Bucharest will see extensive traffic restrictions on August 31 as the capital hosts the fourth edition of L’Étape Romania by Tour de France. Several major boulevards and central streets will be closed between 07:00 and 14:00 to allow more than 2,500 cyclists to take part in the event, the organizers said. The closures will affect […]

DISCOTECA ‘80-’90 to bring retro music back to Romania with event in Cluj-Napoca in September

BT Arena, in Romania’s Cluj-Napoca, is set to host a disco and eurodance blast from the past with internationally famous bands during the DISCOTECA ‘80-’90 event in September. Vengaboys, Blue, Mr. President, 2 Unlimited, Bonnie Tyler, Boney M with Liz Mitchell & Band, Samantha Fox, Sabrina, and others will take the stage during the third […]

Pipeline breakdown leaves half of Bucharest without hot water

Districts 2, 3, and 4 in Bucharest are without hot water as of the time of writing due to a major breakdown that occurred on Sunday, August 17, on a main pipeline of the city's public heating system. The pipeline is located in central Bucharest, at the intersection of Mihai Bravu Road with Splaiul Unirii, under […]

Cluj-Napoca’s UNTOLD 2025 festival brought EUR 120 mln boost to local economy, organizers say

UNTOLD X, the 10th anniversary edition of Romania’s largest music festival, generated more than EUR 120 million for the local economy in Cluj-Napoca and surrounding counties, according to figures released after the event. Over 470,000 people attended the four-day festival, filling hotels and restaurants to capacity and creating a significant boost for local businesses, the […]

English tourist dies on trail in Romania’s Bucegi Mountains

A 70-year-old English tourist died on Saturday, August 16, due to a cardiorespiratory arrest while on a trail in Romania's touristic Bucegi Mountains.  Emergency crews requested the intervention of a helicopter from the Brașov Air Operations Point in the case, helping them arrive at the scene in about 15 minutes. Once there, medical crews performed […]