Romanian lender Banca Transilvania’s (BT) net profit rose by 19.5 percent on the year to 448 million lei ($115.54 million) in 2014, largely matching expectations as operating revenues rose, according to Reuters.com.
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Wizz Air expands at Cluj-Napoca and Iasi
Wizz Air increased its presence in the Romanian market with the launch of two new routes during the course of last week, both of which are served using its 180-seat A320s. On 7 February, the Hungarian ULCC introduced twice-weekly flights (Tuesdays and Saturdays) on the 1,294-kilometre sector between Cluj-Napoca (CLJ) and Cologne Bonn (CGN), a service that will see a frequency increase to thrice-weekly starting S15, according to anna.aero.
Read MoreDefMin Dusa: I wish NFIU command to be operational by June
Romanian National Defence Minister Mircea Dusa announced in Cluj-Napoca (northwest of the capital) on Monday that he wished NATO Force Integration Unit (NFIU) to be operational by June, according to ActMedia.eu.
Read MoreRomanian club crisis deepens as Petrolul Ploiesti is sixth club to go bust
Petrolul Ploiesti has filed for insolvency as the Romanian club’s financial base has become unstable following the arrest of its owners and management. The side is representative of a wider trend plaguing Romania’s football, with five other major clubs filing for insolvency earlier, according to InsideWorldFootball.com.
Read MoreRomania to Launch New $100,000 Regional Film Fund
Romania is to launch Eastern Europe’s latest film fund in a bid to attract filmmakers to its locations, says The Hollywood Reporter.
Read MoreFive offers for the construction of the Tarnita hydropower station
The company Hidro Tarnita which has tried for several years to draw investors for the construction of the hydropower station for over 1 billion euro in Cluj county received on Friday offers from five investors who are interested by the project, according to ActMedia.eu.
Read MoreRomanian club Cluj deducted 24 points due to spiralling £15m debt crisis
CFR Cluj have been deducted 24 points by the Romanian Football League because of their inability to deal with spiralling debts, according to TheGuardian.com.
Read MoreWhat about Romania and Industry 4.0?
By Dan Luca, BruxellesIn the coming decade we will likely witness the first practical developments of the strategy of the German government: Smart Factories, planning industrial manufacturing. With new technological appearances, the industrialists’ trend for efficient use of resources, and using the Internet, it is possible that we will see this in the coming years on a large scale.
Read MoreCampionatul national de seniori, lupte greco romane si lupte libere, la Cluj-Napoca
În perioada 13-15 februarie 2015 la Sala Sporturilor Horia Demian se vor desfășura campionatele individuale de luptă greco-romane și lupte libere (masculin și feminim), organizatorii fiind Federația Română de Lupte și Asociația Județeana de Lupte Cluj.
Read MoreThe Romanian electoral system reform: extend it to the European elections?
By Dan Luca, BruxellesThe electoral system has an impact on the press. This was one of the conclusions at the event „Media4EU”, held a few days ago at the European Parliament in Brussels.
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