Romania has problems at the macroeconomic level. From estimates of economic growth by 1.3% for this year we got to drops of 0.5%. It is true that the industrial production increased by 4.2% but this was the weakest growth in eastern Europe – only 4.2% in March, when Poland was 11.2% and the Czech Republic was 8.4%. At micro level, the things started to move until two or three weeks ago, when they all started to be reluctant” the CEO of Banca Transilvania, Robert Rekkers said to the students of the Babes-Bolyai University in Cluj.
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A Cinema of Everyday Moments at the Transilvania International Film Festival
Sunday brought a close to the ninth edition of the Transilvania International Film Festival, hosted in the university town of Cluj, Romania. The event has been steadily growing both in size and importance over the past few years with organizers touting 2010 as a record breaking year. During its ten days, bookended by Fatih Akin’s “Soul Kitchen” and Andrei Ujica’s “The Autobiography of Nicolae Ceausescu,” TIFF (as the event is more commonly referred to locally, not to be confused with the elder, esteemed September Canadian event) presented a remarkable 240 films from nearly 50 counties, and its warm staff welcomed nearly 500 Romanian and international guests.
Read MoreEuronews about TIFF
Transilvania International Film Festival featured 240 art-house movies from 47 countries worldwide. The Festival was held in Cluj, in the heart of Transilvania. Special guest at the Festival was German director, Wim Wenders, who is also the President of the European Film Academy. He received a lifetime achievement award.
Read More„GalActoria” – Student Theater and Film Festival
The seventh edition of the Theater and Film Festival ”GalActoria” in which graduate students from the Faculty of Theater and Television of the “Babeş-Bolyai” University take part begins today and will offer the public a wide range of plays and short movies throughout the week.
Read MoreAFP: Romania’s city of Cluj sheds Dracula for film and art
Cluj might be in the heart of Transylvania but forget Dracula! The Romanian city is fast becoming famous for a thriving film festival and a new paintbrush culture. When Romanian producer Tudor Giurgiu nine years ago raised the idea of an international film festival in Cluj, the country’s third biggest city, the 37-year-old almost got laughed at. „I wanted to prove you can organise a big film festival in Romania”, he told AFP.
Read MoreRekkers: BT sees a slight decline of interests down to a reasonable level
Robert Rekkers, CEO of Banca Transilvania says at this point, the interests in the market are high, and that the bank he is heading has no intention to grant loans in extreme conditions. The banker sees a decline of interests down to a more reasonable level next week. Interests in the monetary market are likely to be restored to a more reasonable level next week, as the banks will start setting the required reserves, tax payment period will end, and NBR’s next monetary session is coming up soon, BT’s CEO said.“It was an extremely volatile period. The interbank interests are very high, whereas I think the situation will calm down next week. Furthermore, NBR’s session is coming up” BT’s CEO, Robert Rekkers apprised on Thursday, without adding any forecasts on central bank’s next decision.
Read MoreAFP, about TIFF: Balkan film festival opens in Transylvania
The Transilvania International Film festival (TIFF) opened Friday in Cluj (north-west) with 240 movies from 47 countries and special guest German director Wim Wenders to appear. „Despite the economic crises, this is the most ambitious edition of the festival so far,”chairman Tudor Giurgiu told journalists.
Read MorePereira eyes South African surprise
A flying left wing-back with an eye for goal, Alvaro Pereira of Porto and Uruguay is currently on the verge of fulfilling his greatest dream since turning professional: appearing at the finals of the FIFA World Cup™.
Read MoreTable tennis tournament for people with disabilities in Cluj
The British Ambassador to Bucharest, Robin Barnett, will be the special guest of the International Table Tennis Tournament Romania (RITTO) for persons with disabilities, to open on Thursday in Cluj (central-west).
Read More11 million euros invested in Romania’s biggest industrial mill
The ATON Transilvania group of companies on Tuesday inaugurated the biggest industrial mill in Romania at Carani, Timis Country (western Romania), on an investment worth 11 million euros. ‘The Carani 5 Mill is currently the most important flour producer in western Romania, with a production capacity of 500 tonnes/24 hours. The 11-million-euro investment was supported under a SAPARD project of almost four million euros,’ general manager of the ATON Transilvania group of companies Paul Milata said.
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