Romania’s Banca Transilvania (BT) is the third strongest banking brand in the world according to the Brand Finance Banking 500 2024 assessment, up from seventh place in the last ranking.
The brand value of Banca Transilvania increased by 34% compared to 2023, reaching USD 686.5 million, moving up 44 places in the ranking to position 252. Last year, the bank was at position 297, with a value of USD 513 million.
Banca Transilvania entered the Brand Finance Banking 500 ranking...
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 […]
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...
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 […]
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 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 […]
North Bucharest Investments announces a strategic partnership with the Adrian Mutu Football Academy, marking the beginning of a collaboration focused on developing sports among children and young people, health education, and promoting an active lifestyle. As part of this partnership, the two organizations are launching the North Bucharest Investments Cup, a youth football competition taking […]
