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Transylvania Today: Bucharest has one third of Romania’s university graduates

10 octombrie 2019 Claudiu Padurean

Most graduates of higher education institutions in Romania live in Bucharest (33 percent), Cluj-Napoca (11 percent), Iasi (10 percent), Timisoara (7 percent) and Craiova (6 percent), according to data from the National Institute of Statistics. These five university centers with the most graduates also account for the highest amount of office spaces and office transactions, according to ESOP, cited by economica.net.

Transylvania Today: Ikea prepares expansion on Romanian market

23 septembrie 2019 Claudiu Padurean

This is the best time for Ikea’s expansion in Romania, Ikea Group CEO Jesper Brodin said, quoted by Adevarul daily on September 20.

Transylvania Today: Romania could fall into recession following the electoral cycle

20 septembrie 2019 Claudiu Padurean

Romanian economy could fall into recession at the beginning of 2021, following the electoral cycle, due to unsustainable deficits, according to Ionut Dumitru, chief economist at Raiffeisen Bank Romania, quoted by Business-Review.eu.

Transylvania Today: CleverGO expands to Cluj-Napoca and Iasi

19 septembrie 2019 Claudiu Padurean

Romanian company Clever, which operates the app-based e-hailing service with the same name, will introduce its new rent-a-car service named CleverGO in two more cities: Cluj-Napoca and Iaşi, in addition to the first two cities (Bucharest and Timişoara) where the service is already available, says Romania-Insider.com.

Transylvania Today: 96% of Romanians own the homes they live in

6 septembrie 2019 Claudiu Padurean

Romania is first in the European Union (EU) when it comes to the number of homeowners, according to Romania-Insider.com.

Transylvania Today: Simona Halep headlines Sports Festival 2020

5 septembrie 2019 Claudiu Padurean

Simona Halep is the first headliner that will take part in a demonstrative tennis tournament held on 12th June 2020 during Sports Festival, an event that takes place in Cluj-Napoca and which has the mission to unite sports lovers with professional athletes to promote movement and healthy living, according to TennisWorldUSA.org.

Transylvania Today: London Southend Airport expands European network

28 august 2019 Claudiu Padurean

London Southend Airport is steadily expanding its route network into central and eastern Europe, with LCCs Ryanairand Wizz Air both announcing services from the UK airport to Bucharest, according to atwonline.com.

Transylvania Today: US software producer Vertiv re-locates Cluj-Napoca office

20 august 2019 Claudiu Padurean

The U.S. manufacturer of hardware, software and solutions for data centers Vertiv has rented 4,500 sqm of office space in the Advancity Business Center building located in the central area of Cluj-Napoca. The transaction was assisted by real estate consultancy firm CBRE, according to Romania-Insider.com.

Transylvania Today: Real estate investments in Romania reach EUR 410 million in H1 2019

14 august 2019 Claudiu Padurean

The investment volume in H1 2019 amounted to almost EUR 410 million, a 6 percent increase compared to the similar period of last year, when the figure for investment transactions was EUR 386 million, according to Cushman & Wakefield Echinox calculations, quoted by Business-Review.eu.

Catholic Herald: What do papal apologies achieve?

7 iunie 2019 Claudiu Padurean

During his successful but unheralded trip to Romania last weekend, Pope Francis offered an apology to the Romani people. Speaking in the central town of Blaj, the Pope told members of the community: “I ask forgiveness – in the name of the Church and of the Lord – and I ask forgiveness of you”, says CatholicHerald.co.uk.