Category: Uncategorized

Six lakes in the northeast of Bucharest, along the course of the Colentina River, will form the Colentina Green Corridor, according to a project by the District 2 City Hall of Bucharest.  The Corridor is the first of its kind in Bucharest and will span 100 hectares of lakes and 27 km of banks, integrating…

Diviodent, one of the leading suppliers of professional solutions for dental clinics and dental care in Romania, with a turnover of 2.4 million euros last year, announces the launch of DailyCare.ro, an online store dedicated to natural personal care products. This initiative marks the company’s expansion into retail beyond dental hygiene products, offering a diverse…

Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange, today announced it has reached one million subscribers on its official YouTube channel becoming the first crypto brand to reach this milestone.  The success of its educational content, including explainer videos and product tutorials, and notably its content around its leading partnership with Cristiano…

Detention rooms, a concept familiar to the US education system, are officially being introduced in Romanian schools through the new Student Statute, which is set to come into effect in September this year. According to an announcement from the Ministry of Education, each school will organize the space and supervision procedures for students who disrupt…

Romanian electronics retailer Altex, owned by businessman Dan Ostahie, is set to contract a new loan of EUR 26 million from the European Bank for Reconstruction and Development to finance up to 70% of a new 55,000-square-meter warehouse in Bucharest. The loan is granted for eight years, with a grace period of 1.5 years. In…

Hunter Biden, son of US president Joe Biden, was recently accused by US prosecutors of accepting payments from Romanian businessman Gabriel Popoviciu, who sought to “influence US government agencies” in connection with a criminal probe in Romania. According to the prosecutors cited by ABC News, Gabriel Popoviciu, allegedly named “G.P.” in the charges, hired Hunter…

Mixed reality (MR) gaming startup MixRift has raised USD 1.6 million in a seven-week pre-seed investment round. Outsized Ventures and Underline Ventures co-led the round, supported by SOSV, a fund that has invested in only a few gaming companies in over five years, and a number of angel investors, MixRift said. The funds will support…

One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office real estate, announces the publication of the prospectus for the share capital increase following its approval by the Romanian Financial Supervisory Authority. The Group aims to raise EUR 70 mln to finance the Company’s next growth phase by issuing 1.750.000.000 new shares. “Since…

Tata (Dad), the documentary film written and directed by Lina Vdovîi and Radu Ciorniciuc, will premiere at this year’s Toronto International Film Festival (TIFF), set to take place from September 5 to September 15. The documentary, produced by Monica Lăzurean-Gorgan, sees the three filmmakers collaborate again after working together on the awarded documentary Acasă –…

Romanian Prime Minister Marcel Ciolacu has decided not to attend the closing ceremony of the Paris Olympics. This decision follows what he described as a scandalous situation in the gymnastics competition where Romanian athletes were treated dishonorably. He expressed his outrage on Facebook, condemning the unfair treatment of the gymnasts, particularly the withdrawal of a…