Business»

Bosch to invest EUR 60 mln in new production facility in Romania

Bosch to invest EUR 60 mln in new production facility in Romania

January 27th, 2012 at 11:01 am
German company Bosch will invest about EUR 60 million building a new production facility in Tetarom park in Jucu, Romania, after the Finnish mobile phone producer Nokia decided...

Events»

American band Iron Butterfly rocks Romania this February

American band Iron Butterfly rocks Romania this February

January 27th, 2012 at 02:01 pm
American rock band Iron Butterfly will perform in Bucharest on February 19, 2012, at Hard Rock Cafe (in Herastrau Park) in the capital city, from 20:30. Their gig in Romania...

cinema»

Movie openings this weekend in Romania: The Ides of March, We Bought a Zoo

Movie openings this weekend in Romania: The Ides of March, We Bought a Zoo

January 26th, 2012 at 04:01 pm
The Ides of March Starring George Clooney, Ryan Gosling, Paul Giamatti On at Brasov – Cityplex Brasov; Bucharest – Movieplex Cinema Plaza, The Light Cinema, Hollywood...

Expat Profile»

Expat chefs in Romania: Federico Carsili of Cucina, JW Marriott

Expat chefs in Romania: Federico Carsili of Cucina, JW Marriott

January 19th, 2012 at 04:01 pm
The kitchens of Bucharest’s restaurants harbor a number of internationally renowned foreign chefs. Romania-Insider.com talked to expat chefs about work, food and life in...

entertainment»

Ceausescu’s diplomacy treasures sold for EUR 54,000 at auction in Romania

Ceausescu’s diplomacy treasures sold for EUR 54,000 at auction in Romania

January 27th, 2012 at 02:01 pm
Treasures from communist dictator Nicolae Ceausescu’s haul of diplomatic gifts went under the hammer at Artmark’s “Golden Age” auction, held Thursday,...

Recent Articles

Romanian lender BCR appoints Tomas Spurny as new CEO

The Supervisory Board of Romanian lender BCR named Tomas Spurny as their new CEO. He will replace Dominic Bruynseels whose contract expires on April 1, 2012. Bruynseels took over the helm of BCR, a bank with EUR 16.5 billion in assets in 2008. In the last 10 years Tomas Spurny has been CEO of several major [...]

Wienerberger appoints Corneliu Fecioru to lead Romanian operations

Corneliu Fecioru is the new manager of Austrian Wienerberger’s operations in Romania. He is a member of the company’s board for Sales and Marketing, according to the company. Corneliu Fecioru has over 15 years of experience as an executive, and 11 years in the construction sector. He has held positions in companies such as Lafarge [...]

Ceausescu’s diplomacy treasures sold for EUR 54,000 at auction in Romania

Treasures from communist dictator Nicolae Ceausescu’s haul of diplomatic gifts went under the hammer at Artmark’s “Golden Age” auction, held Thursday, January 26. The auctioned possessions of Romania’s  former communist leader and his wife valued almost EUR 54,000. Among the most valuable pieces sold were a bronze yak given to Ceausescu by China’s Mao Zedong in the [...]

American band Iron Butterfly rocks Romania this February

American rock band Iron Butterfly will perform in Bucharest on February 19, 2012, at Hard Rock Cafe (in Herastrau Park) in the capital city, from 20:30. Their gig in Romania is part of the band’s European tour. The band was formed in 1966 in San Diego and released the first album titled ‘Heavy’ in 1968. [...]

Bucharest welcomes Al Jawala’s big Balkan beats this February

German Balkan Big Beat band Al Jawala are coming to Bucharest as part of the tour for their latest album ‘The Ride’, released in November 2011. The concert will be held in the Kulturhaus club, Bucharest on February 2. The band have been on the Balkan music scene for over 15 years and hail from [...]

Music from the silver screen in Bucharest this spring

The second edition of ‘Hollywood Music in Bucharest’ will bring classic music from the movies to Sala Palatului (28, Ion Campineanu St.) in the capital city on March 28, 2012, starting 19:00. The European Royal Orchestra, led by the famous Austrian conductor Gottfried Rabl, will perform beneath projections from ‘Lord of the Rings’, ‘Superman’, ‘James [...]

James Blake plays first gig in Romania in March

English electronic musician James Blake will perform in Romania for the first time as part of a tour to promote his first album. The event will take place at the Ghika Palace on March 2, 2012. James Blake is an English electronic music producer and singer-songwriter from London. His first album, ‘James Blake’ was released in February last year and earned him [...]

One bus line suspended, others diverted in Romanian capital due to weather

One bus line in the capital has been suspended, seven lines are running shorter routes and one line has been extended, according to Brandusa Raeceanu, spokesman of Bucharest Public Transport Company (RATB), quoted by Mediafax newswire. The 223 bus line, which connects Soseaua de Centura-Glina and CET Sud has been suspended, while the buses on [...]

Above & Beyond bring trance to Bucharest again in March

The English trance outfit Above & Beyond are coming to Bucharest as part of their tour for their latest album ‘Group Therapy’, released in June 2011. The concert will be held at the World Trade Plaza, Bucharest on March 3. English trance group Above & Beyond were formed in 2000 and the current line up [...]

Romanian Central Bank issues silver coins to celebrate the euro’s tenth birthday

The Romanian Central Bank (BNR) has announced the introduction of a collectable silver coins in celebration of ten years of the euro. With a face value of RON 10, the large ( 37 mm diameter ) silver coins will be available from January 30. Each of the 500 coins minted will come with a certificate [...]

Bosch to invest EUR 60 mln in new production facility in Romania

German company Bosch will invest about EUR 60 million building a new production facility in Tetarom park in Jucu, Romania, after the Finnish mobile phone producer Nokia decided to close down their factory at the site, according to Viorel Gavrea, general manager Tetarom, quoted by Transilvanialive.ro. The household appliances producer De’Longhi previously agreed to buy [...]

Day 2 at Davos: British PM’s speech, Bill Gates donates EUR 750 mln, eurozone under fire

It was ‘kick the eurozone while it’s down’ on day two at the World Economic Forum at Davos yesterday (January 26). Investment mogul George Soros and academic Nouriel Roubini have rounded on the eurozone, criticizing its leadership and predicting the possibility of a Greek exit and the break up of the single currency. Yesterday ( [...]

Flights back to normal at both Bucharest airports

Flights at Otopeni and Baneasa airports in Bucharest were almost back to normal on Friday morning ( January 27 ), some flights had up to a 30 minutes delay and airplanes needed to be deiced, according to the National Airports Company in Bucharest. Yesterday flights were canceled due to the bad weather. Meteorologists issued a [...]

Two die in snow-bound in Romania, roads still blocked due to bad weather

The snowfall kept national roads closed across Romania on Thursday (January 26), where almost 1,000 of cars have been blocked due to the bad weather. Two man died in Giurgiu and Tulcea county respectively and one woman was sent with hypothermia to the hospital in Giurgiu county, after staying for hours in the snowed in car. A [...]

Prince Rainier III of Monaco’s statue to be erected in Bucharest

A bronze statue representing Prince Rainier the Third of Monaco, created by Romanian sculptor Ionel Stoicescu will be sited in Bucharest, under EUR 161,000 financing. The Monuments Administration proposed a location in front of the Circus building in the Romanian capital. The bronze statue will be life sized and will form part of a monumental [...]

Weekend events: Nazareth, Keep Shelly in Athens, The Mono Jacks

Friday, January 27 18:30, La Nozze Di Figaro at the Bucharest National Opera (70-72, Mihail Kogalniceanu St.). Buy tickets here 20:00, Nazareth (in picture) in concert at Hard Rock Cafe (in Herastrau Park). Tickets between RON 90 and RON 400, buy them from Flanco stores, Adevarul bookshops, Sala Palatului, Muzica store, or from Hard Rock [...]

Nokia posts EUR 1 bln Q4 losses but new smartphone sales boost shares

Struggling Finnish mobile phone manufacturer Nokia has posted fourth quarter losses of around EUR 1 billion. Sales were down 21 percent on the previous year. The results from the last quarter of 2011 mark the third consecutive big quarterly loss for the formerly dominant brand. In spite of the staggering losses, Nokia Chiefs describe the [...]

Movie openings this weekend in Romania: The Ides of March, We Bought a Zoo

The Ides of March Starring George Clooney, Ryan Gosling, Paul Giamatti On at Brasov – Cityplex Brasov; Bucharest – Movieplex Cinema Plaza, The Light Cinema, Hollywood Multiplex, Cinema City Cotroceni, Cinema City Sun Plaza, Grand Cinema Digiplex; Cluj – Cinema City, Odeon Cineplex; Constanta – Cityplex; Targu Mures – Cinema City; Oradea – Hollywood Multiplex [...]

H&M’s average sales per Romanian store equal Poland’s – H&M’s biggest CEE market

Swedish clothing retailer H&M sold products worth some EUR 37.2 million last year in Romania, according to the group’s most recent financial report. The retailer had 11 stores as of the end of November 2011 in the country, all of which opened in 2011. The average sales per store valued EUR 3.3 million. Poland, the [...]

Romanian actor Emil Hossu dies at 70

Romanian film and theater actor Emil Hossu died Wednesday evening ( January 25 ) at the age of 70 from a heart attack, during a rehearsal at the Nottara theater in Bucharest. Born in November 1941 in Ocna Sibiului, Romanian Emil Hossu’s career crossed generations. He starred in numerous Romanian films, such as ‘Toamna bobocilor’ [...]

Hermes, Rolls-Royce, Cartier, Patek Philippe, among top luxury brands in the world

Hermes is the most valuable luxury brand in the world, according to a chart put together by the World Luxury Association. Chanel, Louis Vuitton and Christian Dior follow and Ferragamo, Versace, Prada, Fendi , Giorgio Armani and Ermenegildo Zegna are also in the top 10. The World Luxury Association also awarded the world’s top yachting [...]

Retail boosts DTZ Echinox’s turnover by 10 percent in 2011

Real estate agency DTZ Echinox expects its turnover for 2011 to be up by 10 percent on the previous year, to around EUR 3 million, mainly due to demand from the retail sector in Romania. For 2012, the company also estimates an increase of 10 percent. “It’s difficult to estimate the turnover this year, but [...]

Actor Adrian Paul’s Peace Fund raises money for Romanian cause

The Peace Fund, founded by Adrian Paul – the actor best-known for his role in the TV series offshoot from the ‘Highlander’ movie franchise, is raising money for a children’s dental clinic in the Romanian village of Vultureni. “Finally through great struggles they have managed to find an adequate water supply, build a new dispensary [...]

Romanian-Bulgarian border closed due to heavy snow

The border between Romania and Bulgaria was closed due to the bad weather conditions, according to the Bulgarian Regional Development Minister Lilyana Pavlova, quoted by Novinite.com. The Giugiu-Bucharest border crossing is closed for all vehicles due to the heavy snow. All transit traffic from Greece and Turkey via Bulgaria to Romania has also been stopped, [...]

PayPoint encouraged by slight profits in Romania

English retail payment services network PayPoint said Romanians made 5 million bill payments with their company between 26 September 2011 and 26 December 2011, 53 percent more than the same period in 2010.  The recent announcement also described the small profit made during the quarter as ‘encouraging’. The company also reported on the increased network of  [...]

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