Category: Uncategorized
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Romanian entrepreneurs launch e-learning platform, target EUR 500,000 in revenue in first year
Serial entrepreneur Sergiu Neguț, the co-founder of FintechOS, and entrepreneur Raluca Neagu have launched basetolearn, an e-learning ecosystem focused on providing solutions for professional development. The platform is launched in an educational partnership with the Bucharest International School of Management. The company targets a turnover of over EUR 500,000, with more than 50 courses and…
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Romanian European Projects Ministry to introduce new PNRR reporting system
Romania’s Ministry of Investments and European Projects will introduce an open data type of reporting, with all 17,000 projects included in the EU-funded Recovery and Resilience Plan, or PNRR. The projects will be placed in a database indexable by location, type of beneficiary, or type of intervention, according to minister Dragoș Pîslaru. “We are talking…
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Exim Banca Romaneasca Grants Companies Loans Guaranteed by the European Investment Fund
Exim Banca Romaneasca supports the development of Romanian companies by granting loans for investments and working capital under advantageous conditions, with European guarantees that can cover up to 70% of the financing value, following the signing of a guarantee agreement between the bank and the European Investment Fund (EIF). EIF guarantees can be accessed under…
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Romanian prosecutors request lifting of immunity for pro-Russian MEP Diana Șoșoacă
The Prosecutor’s Office attached to Romania’s High Court requested that the European Parliament lift the immunity of MEP Diana Șoșoacă on Tuesday, September 23. The request relates to cases of unlawful deprivation of liberty, Holocaust denial, public promotion of the cult of persons convicted for genocide and war crimes, as well as fascist, legionary, racist,…
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Romanian student team crosses Australia aboard solar vehicle
Last month, the Solis student team from the Technical University of Cluj-Napoca crossed the Australian desert from north to south over 6 days aboard the solar-powered car “Hyperion.” The crossing was part of the Bridgestone World Solar Challenge 2025, which took place on a 3,020 km route, from the cities of Darwin to Adelaide, crossing…
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IULIUS restores contaminated site to pave way for EUR 800 mln urban regeneration project in Constanța
Romanian developer IULIUS announced on Tuesday, September 23, that it will invest EUR 29 million in “the largest bioremediation project in Europe by a private investor,” restoring 38 hectares of contaminated land in downtown Constanța as part of its EUR 800 million urban regeneration project. The site, once home to the city’s Oil Terminal platform,…
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Two Romanians arrested in Greece for suspected espionage at naval base
Greek authorities have arrested two Romanian nationals on suspicion of espionage after they allegedly took pictures of the Hellenic Navy’s main base on the island of Salamina, the Coast Guard said on Tuesday, September 23, as reported by ekathimerini.com. The men, aged 52 and 22, were detained on Monday afternoon after Navy personnel spotted them…
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Firefighters battle over 8,500 vegetation fires in Romania this summer
Romanian firefighters intervened to extinguish 8,520 vegetation fires nationwide between June 1 and August 31 this year, 3.2% fewer than in the same period of 2024, the General Inspectorate for Emergency Situations (IGSU) said on Tuesday, September 23. Despite the slight national decrease, the agency said the phenomenon continues to pose a major threat to…
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Plane forced to circle Cluj-Napoca airport due to sleeping air traffic controller
A plane with hundreds of passengers was forced to remain in the air and circle the Cluj-Napoca International Airport for several minutes after an air traffic controller reportedly fell asleep on duty, Stirileprotv.ro reported. The incident is said to have happened over a month ago. On that night, three controllers were reportedly on shift, and…
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Colliers: Romania’s housing market entered cooling phase in 2025 as buyers grew more cautious
Romanian consumer confidence has dropped to one of its lowest levels in the past 15 years, consultancy company Colliers said in a recent report. After several years of record demand, Romania’s housing sector entered 2025 in a cooling phase as buyers grew more cautious. Consumer sentiment saw its steepest half-yearly decline since the 2009–2010 financial…