Category: Uncategorized

Remote Butler, an IT startup founded in 2022 in Cluj-Napoca, attracted investments worth over EUR 50,000 in its first round of financing from private investors. This comes on top of the company’s initial investment of EUR 40,000 in developing the app that allows registered waiters to practice their profession regardless of their location. Ciprian Costea,…

Several bear-resistant bins, the first of this type in Romania, were put into use at Băile Tuşnad resort in Transylvania with the intention of keeping bears from rummaging through the leftovers. Bear-proof shelters, also necessary for human-bear cohabitation in many Romanian towns, have not been installed yet. “These have been tested on bears in Slovakia,…

District 4 of Bucharest will set up a company together with the neighbouring Giurgiu county local authorities to develop a new airport under an investment estimated at EUR 2 billion, announced district’s mayor Daniel Baluta – expected to hold his seat after the local elections this June. The results of the pre-feasibility study will be…

The revenues generated by the telecommunications operators in Romania stagnated at RON 16.9 billion (EUR 3.4 billion) in Romania amid diverging dynamics of the number of subscribers in separate segments, according to a report published by the National Authority for Communications Administration and Regulation (ANCOM).  Out of the total, fixed and mobile internet generated 37%…

The value of goods purchased by Romanian customers from local and foreign online stores increased by 10% y/y to EUR 7 billion in 2023, according to the estimates of GPeC, ARMO, and the main players in the sector quoted by Profit.ro. This amount does not include the online purchase of services, utility bills, digital content…

The capacity of the PV panels installed by Romanian households (prosumers) reached 1,554MWp at the end of February, according to the head of the market regulating body ANRE, George Niculescu, and reached 1,650MWp currently, according to sources quoted by Economica.net. The figure nearly matches the capacity of the dispatched PV parks operating in the country’s…

Moldova’s largest financial group, Moldova Agroind Bank (maib), which plans to list its shares at Bucharest Exchange, reported its net profit increased by 50% y/y to MDL 349 million (EUR 18.1 million) in Q1.  The bank’s listing depends on legislative amendments in Moldova related to the mandatory disclosure of shareholders that turned particularly restrictive after…

Romanian telecom operator DIGI Communications (BVB: DIGI) is launching operations in Belgium in partnership with Citymesh (part of IT group Cegeka), the mobile services being for the beginning provided partly through the network of the local operator Proximus, according to Economica.net. DIGI Belgium said it plans to “shake up the market” from the very beginning…

Depictions, an exhibition of photography by Dutch artist Danielle van Zadelhoff, is scheduled to open at the National Museum of Art of Romania (MNAR) this month. The exhibition is meant as a dialogue between contemporary art and the works of the old masters.  Some of the photographs will be showcased in a dialogue with the…

Two castles in Romania’s Cluj county, namely the Rákóczi-Bánffy Castle in Gilău and Bánffy Castle in Răscruci, will reopen in the coming weeks and host events dedicated to visitors.  Rákóczi-Bánffy Castle in Gilău, one of Transylvania’s historical monuments, will reopen its doors after a seven-year renovation process aimed at transforming it into a multifunctional cultural…