Cableco UPC Romania has announced that residential customers in 13 cities across the country now have access to transmission speeds of 120Mbps. Cities included in UPC’s upgrade are: Cluj-Napoca, Timisoara, Deva, Arges, Focsani and Ploiesti; (all of which were previously eligible for download speeds of 100Mbps) and Bucharest, Constanta, Iasi, Braila, Galati, Roman and Buzau. The increased download speeds have been enabled by UPC’s introduction of the EuroDOCSIS 3.0 standard. The 120Mbps broadband package is priced at RON50 (USD17.2) per month, with alternative broadband connections priced as follows: 10Mbps (RON15), 20Mbps (RON25) and 60Mbps (RON40). UPC has also confirmed the launch of two new triple-play packages, named ‘Gallant’ and ‘Conqueror’. Both packages comprise broadband internet, cable television and voice telephony. Premium bundle Conqueror includes 113 TV channels and 20Mbps broadband, at a cost of RON70.
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Hungarian, Romanian state officials unveil restored King Matthias statue
Hungarian and Romanian state officials spoke of the importance of Hungarian-Romanian cooperation as they on Saturday unveiled a statue in Cluj (Kolozsvar), Romania, of King Matyas (Matthias) which has been restored with the joint financial support of the two countries.
Read MoreKLG Logistics plans expansion in north and south
Integrated logistics provider KLG Logistics has plans to extend its new logistic centre with a 20,000 sqm terminal near the A1 Bucharest-Pitesti motorway and build a new logistics centre in Turda, Cluj county.
Read MoreCMU rebrands as Regina Maria as expansion continues
Private health company Centrul Medical Unirea (CMU) has adopted the brand ‘Regina Maria’ as the medical group plans to invest 12 million Euro this year in the opening and consolidation of clinics in Bucharest, Cluj-Napoca, Constanta and Bacau.
Read MoreSix PPP hospitals hope to attract private funds
The Ministry of Health has announced its intention to build six new regional emergency hospitals through private-public partnerships (PPPs) in Cluj-Napoca, Craiova, Iasi, Targu-Mures, Timisoara and Bucharest.
Read MoreTransylvania fetes Romania’s new wave films
Romania’s Transylvania Film Festival celebrates its 10th anniversary in June with a retrospective of the new wave rebirth of Romanian cinema in the last decade
Read MoreThe shareholders have brought EUR 107 million to the capital of Romanian insurers in 2010, compared to EUR 384 million in 2009
Romanian insurers’ shareholders have made capital increases of EUR 107.5 million in 2010, 72% less compared to the capitalizations of EUR 384 million made in 2009, according to data published by the National Trade Register Office (ONRC).
Read MoreUrsus to open small brewery and restaurant on Cluj factory premises
Ursus Breweries will open a mini brewery on the premises of its old factory in Cluj and it has already started to partially demolish the existing buildings on the site. The mini brewery will serve the restaurant that will be opened on the site, called “Fabrica de bere” (The beer factory). Ursus will invest more than EUR 1 million into this project and hopes to inaugurate the restaurant until late May
Read MoreAuthorities hope airport expansions will get off the ground
Fueled by the increasing presence of airlines, especially that of low-cost carriers, as well as by the authorities’ commitment to implement Schengen standards, Romanian airports have undergone various modernization projects over the past few years. In addition to this, promises of new commercial airports are pouring forth from politicians once again now that elections are looming. All this should make airport compounds and properties close to airports an attractive alternative investment.
Read MoreWIKILEAKS Romanian journalist, quoted in a US Embassy cable speaking of President Basescu’s drinking problems and involvement of Cluj group in 2007 attept to suspend president
In a 2007 cable, classified as confidential, officials of the UE Embassy to Bucharest write about a meeting with Bogdan Chirieac, then chief editor of Romanian daily Gandul. According to the cable, Chirieac claimed that the Presidents problems with alcohol had worsened.
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