Romanians hold 5.7% of the financial wealth in the Eastern European region, according to the Boston Consulting Group Global Wealth Report 2024: The GenAI Era Unfolds.
Romanian financial wealth, valued at USD 300 billion, represented 5.7% of the financial wealth in Eastern Europe in 2023, experiencing an annual growth rate of 15.5% from 2018 to 2023. The BCG report estimates that Romanian financial wealth will grow by 8.6% per year over the next five years, reaching USD 400 billion by...
The Romanian Parliament adopted on Wednesday, June 4, the "Romania Without Violence" law, a significant legislative step aimed at curbing acts of aggression and improving protections for victims. The new legislation amends and supplements several normative acts, most notably doubling the minimum penalties in the Penal Code for assault and other violent offenses. Alongside harsher […]
Indie American films, canoe and kayak rides, and the march celebrating the LGBTQIA+ community are among the events happening in Bucharest. Jazz takes center stage in Cluj, while very short films are screened in Timișoara as part...
The Day of Timișoara, a celebration of the city in western Romania, will see performances from Mika and James Bay, among other artists. From alternative pop and British rock to jazz, electronic music and community experiences, The Day of Timișoara brings together in 2025 the top events of the Timișoara music scene, including Timișoara Jazz […]
The Bucharest public can attend this month a performance of Noh theater, the centuries-old Japanese mask drama, delivered by Yamamoto Noh Theater. Two works will be presented. Jiai – A Soul's Journey is a recent creation, a rare occurrence in Noh theater, where original creation requires a deep knowledge of classical Japanese language and theatrical […]
Horia Colibășanu, one of Romania's most famous high-altitude climbers, is set to embark on a new high-altitude expedition this summer, aiming to summit Nanga Parbat - one of the world's most dangerous peaks. Standing at 8,126 meters, it is the ninth-highest mountain on Earth and the second-highest in Pakistan. The expedition marks a major milestone […]
The ancient forests of Băiuț in northern Romania are poised to host Eastern Europe’s first certified forest therapy trail, a pioneering project blending science, health, and conservation, WWF Romania said. Announced during the “The Forest Heals” symposium on June 4, the initiative aims to transform the centuries-old woods of Strâmbu-Băiuț, part of Romania’s UNESCO Natural […]
