Category: Uncategorized

The number of employees in the business process outsourcing (BPO) industry will increase by 10% in the next two years, up to over 200,000, according to projections expressed by Cătălin Iorgulescu, vice-president of the Association of Business Service Leaders (ABSL), the representative association for this industry, quoted by Ziarul Financiar.  He implied that global companies…

The European Commission and Europa Nostra announced the 2024 winners of the European Heritage Awards/Europa Nostra Awards, and two church restoration projects from Romania are on the list: the Saxon Church in Alma Vii and St. Michael’s Church in Cluj-Napoca. In total, 26 outstanding heritage achievements from 18 countries have been awarded Europe’s top honour in the field this…

The BET Patria – Tradeville ETF fund managed by SAI Patria Asset Management SA, a member company of the Patria Bank Group, recently announced a lowering of fees in a message sent to investors.  The Patria-Tradeville financial instrument in question is the first exchange-traded fund in Romania and the largest ETF that invests in Romanian…

Bucharest is the European city with the highest social costs per capita associated with air pollution, according to the report “Health costs of air pollution in European cities and the linkage with transport,” carried out by the Dutch environmental consulting company CE Delft in October 2020 and quoted by Ziarul Financiar.  Thus, in 2018, these…

Romanian diplomat Mircea Geoana, currently serving as NATO deputy Secretary General, would win the first round of the presidential elections and defeat all the leaders of the major political parties, according to the latest poll carried out by INSCOP for News.ro. In the tightest scenario for the second round, Geoana would defeat Social Democrat leader…

A number of six bidders submitted projects to get grant financing under a EUR 200 million grant scheme operated by Romania and aimed at supporting the development of PV panels and power storage battery plants, Profit.ro reported.  The scheme is financed by the National Resilience Facility (PNRR), and the projects should be completed by mid-2026.…

Two cybersecurity startups, Zero Code and Pentest Copilot, have been selected from over 80 teams that participated in Innovation Labs 2024 to receive a total of EUR 500,000 in funding from Early Game Ventures.  Both startups are active in cybersecurity, a technological sector that requires continuous innovation due to the increasingly complex global security landscape,…

OLEA, a restaurant with an innovative culinary concept, opens its doors in an emblematic area of Bucharest, within the premises of the JW Marriott Bucharest Grand Hotel. With a delightful blend of flavours and influences, OLEA aims to redefine tastes in a unique and captivating way. The total value of the investment is estimated at…

Bucharest authorities took the first steps towards the construction of the M7 Voluntari-Bragadiru subway line, aiming to connect District 5 with the center of Bucharest. The first stages of the project initiated by District 5 City Hall involve launching the procurement procedure for the feasibility study for this project. District 5 is the only district…

Transalpina, one of Romania’s most famous tourist mountain roads, reopens for traffic this weekend, on June 1, the general director of CNAIR, the company that manages the road infrastructure, announced in a post on social media.  A CNAIR committee checked the condition of the road and decided it was safe to reopen it on June…