Romania's Government will give national railway company CFR a loan to pay its debts to the private energy suppliers, a decision taken with the International Monetary Fund's consent.
Archimagini Club A, a photo exhibition centered on Bucharest's Club A, a landmark venue for the young, alternative culture in the decades of communism, is scheduled to open next month at Arcub – Hanul Gabroveni in Bucharest. The exhibition, with photos taken by architect Mirel Leventer, documents the student life at the Ion Mincu Institute […]
Romania's GDP will grow only 1.8% in 2024, according to economists of the Faculty of Economic Sciences and Business Management of Babeș-Bolyai University in Cluj-Napoca, which runs the Romanian Economic Monitor (RoEM) research project. The figure is lower than the initial forecast of 3%, despite the positive trends recorded in the first half of the […]
An old tram originally meant for decommissioning was transformed into a mobile café in Iași, eastern Romania, allowing coffee lovers to explore the city while enjoying savory drinks. The mobile café will serve tourists espresso, cappuccino, and latte macchiato while touring the city. The modified tram is expected to seat up to 80 people and […]
The Of Stone and Steel. A Voyage into the World of Urbex photography exhibition of Her Royal Highness Princess Sofia of Romania opened at the Romanian Cultural Institute (ICR) in Bucharest this week and will also travel to ICR London later this fall. The exhibition, put together by HRH Princess Sofia in collaboration with Jean […]
Cluj-Napoca mayor Emil Boc announced that green bonds will serve as a source of funding for the local subway project, alongside funds from the EU-granted National Recovery and Resilience Plan (or PNRR). The mayor signed the financing contract for green bonds together with transport minister Sorin Grindeanu. "This new source of financing from green bonds covers both […]
Bogner, the German fashion company specializing in athluxury sports fashion, globally active and represented in over 50 countries, has decided to enter the Romanian market with a first store in Bucharest. The new boutique is set to open on November 1, following an investment of roughly EUR 500,000. The Bucharest store operates as a franchise […]
