Category: Uncategorized

Romanian real estate developer of premium, mixed-use, urban reconversion buildings under Central District brand Forty Management announced the launch of the first issue of guaranteed bonds for a maximum amount of EUR 5 million, with a maturity of 4 years and a coupon payable semi-annually.  The money will be used to finance the expansion of…

Romanian hydropower group Hidroelectrica (BVB: H2O) announced on November 26 the signing of a contract for the structural rehabilitation of the double hook piles at the Portile de Fier I Spillway Dam, worth EUR 39.3 million.  The contract was awarded following an open tender procedure, which respected the principle of transparency and fair competition, the…

An upcoming National Defense Council (CSAT) meeting will look at possible risks related to the IT infrastructure supporting the electoral process. The agenda of the meeting includes “the analysis of possible risks to national security generated by the actions of state and non-state cyber actors on IT&C infrastructures supporting the electoral process,” the Presidential Administration…

Veridion is the best startup in Romania and Fagura in the Republic of Moldova. Creatopy is the scaleup of the year Veridion, a startup that uses Artificial Intelligence to create databases with information about companies, was awarded Best Startup in Romania and the crowdfunding platform Fagura for Best Startup in the Republic of Moldova at…

The 14th edition of the Central European Film Festival (CEFF), initiated by director Radu Gabrea in 2011 and now held in his memory, will take place from December 4-6 at the Cinemateca Eforie in Bucharest. This year’s festival focuses on documentary films and will feature several of Gabrea’s most important works, as well as a…

Numerous members of the European Parliament called for a favorable decision by the Justice and Home Affairs Council (JHA) during the upcoming December 12-13 meeting regarding the full accession of Romania and Bulgaria to the Schengen Area. MEPs gathered in a plenary session in Strasbourg on Tuesday, November 26, and saluted progress reached recently regarding…

Artificial intelligence (AI) technologies are rapidly becoming a key component in retailers’ growth strategies, enabling them to reach consumers more efficiently and streamline their operations. This was one of the main themes discussed at the European Digital Commerce Summit (EDC), organized by VTEX and Amazon Web Services. The event brought together retail industry leaders to…

The 17th edition of the Christmas Market in Bucharest’s Constitutiei Square will open its doors on Friday, November 29, at 5 PM. The festive lighting in the Romanian capital will be turned on the same day at 6 PM. Those who choose to visit the Christmas Market in downtown Bucharest will find over 130 booths…

Sebastian Popescu, the presidential candidate from the “Noua Românie” Party, and Cristian Terheș, backed by the Romanian National Conservative Party, have both submitted requests to the Constitutional Court (CCR) to annul the first round of the presidential elections. The cases concerning these annulment requests will be heard on Thursday, November 28, at 11:00 AM. The Court…

Henry Páll Wulff, a German citizen living in Romania and former co-chair of Volt Romania political party, shares his view about the results of the presidential elections in Romania. The results of the first round in the presidential race has shocked Romania’s political establishment. Călin Georgescu’s triumph, fueled by ultranationalist rhetoric, far-right populism, and anti-Western…