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Point of view, George Stan, Chief Investment Officer Teamnet Group: The impact of innovation in business

March 31, 2016

Technological innovation is a truly disruptive phenomenon. Big tech companies from all over the world consider innovation a key element, with the potential of deeply revolutionizing various sectors, from energy, health and transportation to environment, agriculture and real estate. Still, how do you assess the impact of innovation in these industries? Studies have showed that […]

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Weekend calendar: Armenian Street Festival in Bucharest, James Bay, Mika concerts in Timişoara, Haferland week and more

A celebration of Armenian culture and traditions takes place in Bucharest, while Timişoara’s city celebration brings concerts from James Bay and Mika.

Bucharest General Council greenlights protected nature area status for Petricani Meadow

The Petricani Meadow (Pajiştea Petricani) has received the protected nature area status after the Bucharest General Council (CGMB) approved on July 30 the draft decision stipulating this, the non-profit Bucharest Nature Park Association

Third milk bank in Romania opens at Sibiu County Hospital

The third breast milk bank in Romania has opened at the Sibiu County Hospital, following a RON 13.5 million (about EUR 2.7 million) investment aimed at modernizing the hospital’s neonatology department.  The modernization project, financed through the National Recovery and Resilience Plan, included the replacement of old equipment, a 20% increase in the number of […]

Romanian president backs government in reforming magistrates’ retirement age and pensions

President Nicuşor Dan stated on Wednesday, July 30, in a press conference that the current system, which allows magistrates to retire under the age of 50 with a pension higher than their salary, is absurd. He also criticized the Superior Council of Magistracy, or CSM, for the current “disorderly” state of the Romanian justice system. […]

Romania sends firefighters to Greece for wildfire response missions

Forty Romanian firefighters and eight fire trucks left for Greece on Wednesday, July 30, to participate in firefighting missions, the General Inspectorate for Emergency Situations said. Between August 1 and September 15, Romania will take part in the Directorate-General for European Civil Protection and Humanitarian Aid Operations (DG ECHO) program aiming to support the Greek […]

Italian property manager Nazca opens its first office outside Italy in Bucharest

Integrated facility and property management services provider Nazca has opened its first office outside Italy, its domestic market, in Bucharest. Nazca expects revenues of over EUR 1 million next year in Romania, and in the next 3 years, the growth plan aims to reach EUR 10 million, with target sectors being office buildings, retail, industrial […]