A struggle to replace the second highest ranking official in Romania took a major twist on Wednesday, when the Senate voted its speaker Mircea Geoana out of office following him being ousted from the Social Democratic Party (PSD, opposition) on Tuesday. An interim speaker was named - Senator Petru Filip of the governing Democratic Liberal Party (PDL), who will serve until a new speaker is officially elected. According to Romania's Constitution, should the President be suspended or unable to fulfill his duties, the Senate speaker takes his place. The PSD announced earlier this week it would start procedures to suspend President Traian Basescu.
The international transport and logistics company Gebrüder Weiss recently inaugurated a new hub in the southeast of Bucharest, consolidating its position in the Romanian market. The new terminal, located in Popești-Leordeni, became operational after a EUR 20 million investment, and will eventually lead to the creation of 90 jobs. "The new location complements the already […]
Raiffeisen Bank Romania has finalized the selection process for MoonShotX - a unique project on the local market, supporting companies with a turnover between 5 million and 50 million euro (Mid-Corporate) to expand their business internationally. After a selection period of 3 months, 22 companies were selected out of a total of more than 760 […]
Writer and translator Corina Oproae has won this year’s Premio Tusquets Editores de Novela for the novel La casa limón, set against the background of the Ceaușescu regime. Oproae, who was born in Făgăraș, has been living in Spain since 1998. She has published the poetry books Mil y una muerte, Intermitencias,...
NN Group, active locally in the private pension and insurance segments, and impact venture fund Rubio Impact Ventures have launched the NN Social Innovation Startup Awards competition, which aims to boost early-stage tech startups working to create a positive impact. The competition takes place in ten countries in Europe, including Romania, and in Japan. The […]
Dubai, a city noted for its abundant way of life and tall towers, also offers a wide variety of affordable living choices appealing to investors worldwide, including Romania. Dubai offers an appealing prospect with its strategic position, strong economy, and friendly investment environment for those wishing to make economical real estate investments. Whether you are […]
The Apprentice, director Ali Abbasi's new movie in which Romanian-born actor Sebastian Stan plays a young version of Donald Trump, will arrive in cinemas in Romania on October 18, one week after the US release date, according to Paginademedia.ro. The feature was selected in the main competition at Cannes this year. The...
