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President Iohannis to attend the Nuclear Security Summit in Washington: Romania at the forefront of states fulfilling their nuclear security commitments

March 30, 2016

Romania is at the forefront of the states that entirely fulfill their nuclear security commitments, as it has a clear nuclear program in place and a responsible relevant conduct, President Klaus Iohannis said on Wednesday at the Cotroceni Palace before departing for the U.S., where he will attend the Nuclear Security Summit in Washington. “Regrettably, […]

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MSCI adds four more Romanian companies to its indices

The shares of four other companies listed on the Bucharest Stock Exchange (BVB) will be included in the MSCI Frontier, MSCI Romania, MSCI Frontier IMI and MSCI Romania IMI. Romania will thus have 30 listed companies part of the MSCI indices as of June 1, 2024.   The shares of telecom group Digi Communications (DIGI)...

Romanian students invent bracelet that converts music into vibrations for people with hearing impairments

Four young women, students at the Technical University of Cluj-Napoca, have invented a bracelet that converts music into vibrations. This gadget, named the Rhythm Touch bracelet, is designed to give people with hearing impairments the experience of concerts.  "The wearer can dance, feeling the music, even though they can't hear it," the inventors told Cluj24.ro. […]

DP World boosts European trade with EUR 130 mln investment in three new sites in Romania

DP World announced on May 15 the opening of three new sites in Romania, following total investments of over EUR 130 million. The company said the projects aim to provide “a significant boost to the country’s growing status as a key hub of European trade.” Thus, Constanta, the largest container port on the Black Sea, […]

CONFIDEX Index: Confidence of Romanian managers and entrepreneurs at highest levels in four years

Measuring the confidence of Romanian managers and entrepreneurs in the local economy for over 4 years, the results of the 10th edition of the CONFIDEX study highlight the optimism, resilience, and adaptability of the Romanian business environment. According to the CONFIDEX study from the first semester of this year, the proportion of managers who declare […]

BT Property acquires retail park in Romania from Polish group Scallier

Alternative investment fund BT Property said on May 15 that it acquired Funshop Park Turda, Cluj county, from the Polish group Scallier. The transaction marks the fund's entry into the retail market, where it aims to expand. Funshop Park Turda retail park has over 9,000 sqm of leasable area and BREEAM-certified buildings, according to international standards.  BT Asset […]

New multimedia platform Attractive Romania promotes 12 cultural routes to explore in the country

Attractive Romania/România Atractivă was launched this week with the aim of offering local and foreign tourists a new tool to explore the country. The multimedia platform includes 12 thematic routes in 35 counties, listing 275 landmarks to discover. The program, with a value of over RON 36.3 million, is part of the National Recovery and Resilience […]