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British investor Ghai Sant Ram's HORIZON CITY project in northern Bucharest secures EUR 36 mln financing from Libra Bank
HORIZON CITY, the residential project developed by British investor Ghai Sant Ram in northern Bucharest, has secured EUR 36.5 million in financing from Libra Internet Bank. The total investment (…)
Aug 18, 2026
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SAI Globinvest launches ETF replicating Bucharest Stock Exchange’s reference BET-XT index
Romanian investment management company SAI Globinvest listed its second ETF on the Regulated Market of the Bucharest Stock Exchange on Tuesday, August 18. The ETF, listed under the ticker symbol (…)
Aug 18, 2026
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Diana Buzoianu is looking for 20 young people to take part in Romania’s climate and environmental decision-making
Romania’s Ministry of Environment, Waters and Forests, together with the Youth Platform for Sustainability and UNICEF Romania, has launched the selection process for the Youth Advisory Council on (…)
Aug 18, 2026
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Major change to Romania’s health insurance contribution proposed again: romanians could redirect part of their contributions to private insurers. Cristina Prun?: “We pay for healthcare twice”
Part of the money Romanians are required to pay toward healthcare should be allowed to go to a private insurer, USR MP Cristina Prun? argues. The lawmaker is bringing back into discussion a bill (…)
Aug 18, 2026
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Romania Prepares for a new peak in electricity consumption. Bu?oi: Import prices exceed €200 during peak hours
Romania is not facing any risks to the security of its electricity supply in the coming days. However, the heatwave will push consumption above 7,000 MW and increase the need for imports, Cristian (…)
Aug 18, 2026
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Romania’s drone production capacities to rapidly increase in coming years, minister says
Romania’s drone production capacity will increase rapidly in the coming years thanks to private companies and public initiatives, said interim economy minister Irineu Dar?u on Monday, August 17, (…)
Aug 18, 2026
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Romania’s Enescu Competition introduces play & conduct format for 2026 semifinals
Semifinalists in the cello, violin, and piano sections of the 2026 George Enescu International Competition will perform as both soloists and orchestra leaders in a new “play & conduct” format. (…)
Aug 18, 2026
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Famous hacker caught with false plates in Romania’s mountain resort of Sinaia
A famous Romanian hacker nicknamed Virus was caught in traffic in Sinaia, Prahova County, over the weekend despite the fact that his car was equipped with an ingenious system for changing license (…)
Aug 18, 2026
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Romanian endurance swimmer Avram Iancu swims across English Channel in breaststroke style
Avram Iancu, a Romanian librarian turned endurance swimmer, famous for his feats, managed to swim across the English Channel on Monday, August 17, using the breaststroke style. After the crossing, (…)
Aug 18, 2026
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New program offers professional certification to traditional craftspeople in Romania’s F?g?ra? Mountains
Traditional craftspeople from communities around Romania’s F?g?ra? Mountains can obtain nationally recognized professional certification through a new program launched by the Conservation (…)
Aug 18, 2026
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Third of Romanian children asked parents to remove content about them, survey says
Nearly one in three Romanian children aged 9 to 16 has asked their parents to remove content posted about them online, according to EU Kids Online data highlighted in 2026 by Horizon Magazine, the (…)
Aug 18, 2026
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British Investor Ghai Sant Ram Gets EUR36M Funding to Accelerate HORIZON CITY Residential Project
HORIZON CITY, the residential project developed by British investor Ghai Sant Ram in northern Bucharest, has secured €36.5 million in financing from Libra Internet Bank. The funds will be used to (…)
Aug 18, 2026
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UNTOLD announces dates, sells passes for 2027 Star Edition in Cluj-Napoca
The 2027 edition of UNTOLD will take place from August 5 to 8 in Cluj-Napoca, organizers announced. More than 40,000 passes have already been sold for the festival’s upcoming Star Edition. The (…)
Aug 18, 2026
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Electricity supply of Bucharest subway operator under question due to amassed debts
The company operating the Bucharest subway system, Metrorex, has outstanding electricity payments of over RON 11.5 million (EUR 2.2 million) to state-owned energy provider Hidroelectrica and was (…)
Aug 18, 2026
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Romanian diaspora calls for less bureaucracy and better public services, study says
Some 88% of Romanians living abroad have concrete expectations from the country’s political leaders, with easier access to official documents topping their list, according to the Diaspora (…)
Aug 18, 2026
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Building Materials Wholesaler Sipex Ends H1/2026 with 28% Higher Profit YOY
Sipex Company, one of Romania’s largest building materials wholesaler, ended the first half of 2026 with RON159.5 million, up 2% from the year-earlier period, and RON2.8 million net profit, over (…)
Aug 18, 2026
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Romanian employees need ten consecutive days off to fully recharge, study finds
Employees in Romania say they need an average of ten consecutive days off, including weekends, to fully recover from work, according to an SD Worx study. The figure is below the European average (…)
Aug 18, 2026
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