itch Ratings has affirmed the Long-term Issuer Default Ratings (IDR) of three Romanian banks: UniCredit Tiriac Bank S.A. (UCTB) at ‘BBB+’, Negative Outlook; Banca Transilvania S.A. (BT) at ‘BB-‘, Stable Outlook and ProCredit Bank Romania (PCBR) at ‘BB+’, Stable Outlook. A full list of rating actions is listed at the end of this document.
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Swedish band Roxette prove a big hit in Cluj-Napoca, Romania
Swedish pop band Roxette’s gig in Cluj-Napoca last night was a big hit for the 22,000 fans present, who had the opportunity to listen to hit after hit at Cluj Arena.
Read MoreBasescu: I’m a victim of corrupt politics
Romania’s suspended President Traian Basescu said on Sunday the ruling party’s drive to force him from office was an attempt to protect some of its lawmakers from corruption investigations.
Read MoreTransylvania captures Prince Charles’ heart
On the last day of Queen Elizabeth’s Diamond Jubilee celebrations, Prince Charles joined his mother at Buckingham Palace and waved to the crowds in a ceremony watched by millions around the globe.
Read MoreFarmec Cluj-Napoca reports 8 percent turnover increase for the first four months of 2012
Romanian cosmetics manufacturer Farmec Cluj-Napoca saw sales reach roughly RON 37 million (approximately EUR 8.5 million) in the first four months of 2012, up 8 percent y-o-y.
Read MoreMore than a stadium
Cluj Arena was expected by the public as being more than a stadium. It is a replacement of the former stadium of the sixties in a consecrated place and, at the same time, the first major public investment in the last twenty years in the proud city of Cluj-Napoca, the heart of Transylvania. Huge expectations and major debates on keeping the new stadium in the same place or finding a remote new position for it were won by the nostalgics.
Read MoreYOGYAKARTA: FIve Artists From Indonesia
The art world is now global, and China has surpassed London as the second largest market. Art from India is booming onto western markets. The Hong Kong Art Fair is now owned by the venerable Basel Art Fair. New York galleries have set up large spaces in Beijing. Artists from Cape Town and Cluj, Romania are part of the vibrant market and yet Indonesia, with over 200 million people, remains mostly neglected.
Read MoreLIST OF EUROPEAN CHAMPIONS, 2011-12: FUTURE NEARLY UPON US EDITION
While Spain, Turkey, France, Germany, Italy and Serbia have yet to crown this season’s basketball champions, most other domestic leagues have, thus allowing us to visualize the makeups of the 2012-13 Euroleague, Adriatic League and (kinda sorta) Eurocup.
Read MoreWorld’s Smelliest Armpits and Other Bizarre Records
Records taken from „The Human Body” chapter of Weird Wonders and Bizarre Blunders: The Official Book of Ridiculous Records:
Read MoreLucian Isar: We want to set up Silicon Valley in Cluj
The delegate minister for business, Lician Isar, recently declare in Cluj that a town like Silicon Valley in the US could be set up in Cluj, in order to attract big international companies in the IT field. He explained that such an investment is meant for IT companies.
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