Category: Uncategorized
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Romanian Early Game Ventures invests USD 600,000 in startup bringing AI into video games
Venture capital fund Early Game Ventures announced a USD 600,000 pre-seed investment in Tryll, a startup that integrates AI into video games without relying on resources such as third-party cloud services or servers. The investment will primarily be used for product development and expanding the go-to-market team. With Tryll, gaming studios can create titles in…
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Romanian lender Banca Transilvania announces cash dividends payout, new board of directors
Banca Transilvania will distribute dividends totaling RON 1.4 billion, representing approximately 34% of its 2025 net profit, which amounted to nearly RON 4.1 billion. The gross dividend per share is RON 1.28, with a yield of approximately 3.6%. Additionally, the bank will issue bonus shares as a result of the capital increase through the capitalization…
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OMV Petrom approves RON 3.6 bln dividends, RON 9 bln for investments in 2026
The general shareholders’ meeting of OMV Petrom approved on April 28 the distribution of a total dividend per share in gross amount of RON 0.0578 – 0.0466 base dividend and 0.0112 special dividend, resulting in a dividend yield of 5.8%. The total dividends for 2025 amount to RON 3.6 billion (approximately EUR 720 million), and…
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More than 500,000 unemployed in Romania in 2025, potential additional labor force exceeded 200,000
In 2025, the number of ILO unemployed persons reached 500,300, according to data from the National Institute of Statistics (INS). The share of underemployed persons in the total active population was 0.9% in 2025, down by 0.2 percentage points compared to the previous year. The underemployed are those working part-time and who wish and are…
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Romania’s interim transport minister announces plans to terminate contract of Bucharest subway director
Interim transport minister Radu Miruță announced on April 29 that he decided to convene the Board of Directors of Metrorex, the operator of the Bucharest subway, in order to terminate the contract of the company’s general manager, Mariana Miclăuș. The minister also said that the subway ticket will no longer increase in price from RON…
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Veterinary pharmacy chain Veterra reaches 200 units in Romania
Veterra, part of the Farmavet Group, has reached 200 veterinary pharmacies in the country. The chain continues to expand its network by broadening its geographic coverage and integrating services dedicated to animal care, the company said. The network is currently present in all counties across Romania, including major urban centers, medium-sized cities, and rural areas. …
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May 1 & weekend calendar: Mici festival, Grillfest BBQ, and more
Outdoor grill events are a staple of the May 1 celebration and Bucharest and its surroundings host several this weekend, in addition to the usual roundup of exhibitions, film screenings, and concerts. In Bucharest: Mici Festival – Festivalul Micului cel Mare April 30 – May 3 Held at the Alba Iulia Roundabout, the event promises…
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Auchan Romania at 20 years: a multi-format retailer with over 500 stores, present nationwide
Auchan Romania marks two decades of sustainable commerce in the service of customers, of supporting and developing Romanian producers and promoting Romanian products, of investments and innovation, building one of the most relevant multi-format retail networks in the local market. Over these 20 years, the company has evolved in line with changes in society, the…
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Central Romania: Brașov expands pilot smart traffic light program
Brașov City Hall, in central Romania, announced the expansion of the pilot smart traffic light program on one of the city’s most heavily used roads, Griviței Boulevard, on Wednesday, April 29. The new installations have been mounted near the intersection with Codrii Cosminului Street and in the Transgaz area, immediately after the Fartec overpass. According…
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Famous gymnast Nadia Comăneci to give masterclass at Romania’s Sports Festival
Former great gymnast Nadia Comăneci will be present at this year’s edition of the Sports Festival, on June 14, at the BTarena in Cluj-Napoca, during a masterclass organized in partnership with the Romanian Olympic and Sports Committee. One of the most well-known figures of Romanian sport, Comăneci is the special guest of the Sports Festival…