Romania’s Competition Council approves A&D Pharma takeover

2018-04-24 03:30:00
Romania’s Competition Council authorized the transaction through which Czech-Slovak investment fund Penta Investments took over A&D Pharma Holding, the biggest local pharmaceutical distribution and retail group. Penta Investments’ subsidiary Glebi ...

Romania’s electro-IT market, up 14-15% in 2017

2018-04-24 02:30:00
Romania’s electro-IT market saw an impressive growth in 2017, of 14-15%, similar to the 2014-2015 period (12.5-14%) and significantly higher than in 2016, when the market only increased by 9%, according to an analysis by Euler Hermes. In real terms, the ...

Funding boost for Romania’s Netcity

2018-04-24 01:05:00
Netcity Telecom has secured an additional €10 million to continue developing the fibre-optic network in the Romanian capital, Bucharest. Business Review reports that the funds have come in the form of a new loan from the Romanian Commercial Bank and BRD ...

Lithuania wins 8-3 against Romania in IIHF Ice Hockey World Championship

2018-04-23 21:59:00
Darius Kasparaitis (C) of Lithuania defends during the 2018 IIHF Ice Hockey World Championship Division I Group B match between Lithuania and Romania in Kaunas, Lithuania on April 23, 2018. Lithuania won 8-3. (Xinhua/Alfredas Pliadis)

Keel-laying ceremony of OPV-I for Pak Navy held in Romania

2018-04-23 21:29:00
ISLAMABAD - Keel laying ceremony of Offshore Patrol Vessel (OPV-I) being built for Pakistan Navy was held at the M/s DAMEN Shipyard Galati, Romania. According to Pakistan Navy spokesperson, Rear Admiral Farrokh Ahmad, Deputy Chief of the Naval Staff ...

Romania 2018

2018-04-23 12:56:00
ROMANIA – As is now customary, during the live broadcast of the Eurovision Song Contest, short films are shown between each national entry, known as postcards. The theme for the postcards this year is Welcome To Portugal and has been developed by RTP ...

Blooming tulips seen in Romania's 41st Tulip Festival

2018-04-23 12:05:00
Photo taken on April 21, 2018 shows blooming tulips during the 41st Tulip Festival in Pitesti, northwest of Bucharest, capital of Romania. (Xinhua/Chen Jin) Photo taken on April 21, 2018 shows colorful tulips during the 41st Tulip Festival in Pitesti ...

Minister: Up to 9,000 bears may live in Romania

2018-04-23 05:30:00
The authorities don’t know the exact number of bears roaming Romania’s woods but, according to some estimates, there may be some 8,000-9,000 bears in the country, environment minister Gratiela Gavrilescu said on Friday, April 20. “We don’t know ...

Romania, among EU countries least dependent on energy imports

2018-04-23 04:30:00
Estonia, Denmark and Romania were the EU countries least dependent on energy imports based on 2016 data released by the European statistical office Eurostat. The share of imports in the domestic energy consumption was only 6.8% in Estonia’s case, 13.9% ...