Category: Uncategorized
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Four detained over violence at March protest supporting Călin Georgescu in Bucharest
Four people have been detained for 24 hours following the violent protest in front of Romania’s Central Electoral Bureau in March, where supporters of former presidential candidate Călin Georgescu clashed with law enforcement. The individuals are accused of throwing objects at gendarmes, injuring at least one officer, and overturning a television station’s vehicle during the…
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US Congress delegation expressed support for Romania’s Visa Waiver inclusion, government says
The delegation of the United States Congress, led by Vern Buchanan, conveyed messages of support for Romania’s accession to the Visa Waiver Program during their meeting with government officials at the Victoria Palace in Bucharest on Tuesday, April 15. The American officials pledged to push for the country’s inclusion “as soon as possible.” “Representatives from…
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PE fund 7X Partners joins Romanian entrepreneur in building EUR 25 mln oncology hospital
Leventer Medical Group, a leading dermato-oncology center in Southeast Europe and a pioneer of Mohs micrographic surgery in the region, has received a strategic investment from private equity firm 7X Partners, which has acquired a 40% stake in the company. The partnership supports the development of Romania’s first private hospital dedicated to the integrated treatment…
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Gral Medical to open oncology hospital in Romania this year
The management of Gral Medical, one of the largest Romanian players in the private medical services market, has approved an investment budget of EUR 15 million for 2025, primarily intended for the opening of a greenfield oncology hospital in the northeastern part of the country, Economica.net reported. The new oncology hospital will be the largest…
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Young Romanian entrepreneurs given free training under new EUR 100 mln Start-Up Nation scheme
The Start-Up Nation program will be financed only from European funds, there will be no more pressure on the state budget, and production in Romania will be directly stimulated, economy minister Bogdan Ivan said on Tuesday, on the occasion of the inauguration of the official registration platform for free entrepreneurial skills courses. The new Start-Up…
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Romanian minister recommends prosumers to shut down PV panels during Easter to avoid grid surcharge
An appeal will be made to electricity prosumers in Romania to turn off the inverters of their photovoltaic production installations on Easter Sunday, energy minister Sebastian Burduja said after a meeting of the National Energy Command. On Sunday, April 20, both Orthodox and Catholic Easter will be celebrated, and if the weather is sunny, the…
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Romania’s fruit and vegetable crops severely hit by adverse weather
Fruit and vegetable producers are calling for urgent state intervention after recent episodes of severe frost destroyed large swathes of Romania’s horticultural output, according to Ziarul Financiar, quoting a message of the Association of Agricultural Producer Groups and Organisations “Fruleg-Ro.” Their message indicates that food and vegetable imports and prices will rise this year, with…
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Romania’s Romcarbon gets EUR 7 mln grant to recycle more plastic
Romanian plastic packaging producer Romcarbon Buzău (BVB: ROCE) announced in a note to investors that it is receiving a RON 35.2 million (EUR 7 million) grant under the Resilience Facility (PNRR) to develop a plastic waste recycling and recovery unit. Its shares jumped +15% upon the announcement while still marking a 15% y/y decline. The…
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Romania to start production of military drones by the end of 2025
Romanian company Carfil, in partnership with the US company Periscope Aviation, will start producing military drones in Brasov by the end of the year, economy minister Bogdan Ivan announced in the context of the visit paid by the US Congressional delegation in Bucharest, according to Ziare.com and Bursa.ro. Two types of drones are envisaged, minister…
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MKA Strategy Studio: A New Agency for the New Attention Economy
MKA Strategy Studio, a new marketing and advertising agency, officially announces its launch. Built for the emerging attention economy, MKA specializes in developing strategies, campaigns, and marketing products designed for the way consumer minds are evolving in today’s hyper-stimulated world. MKA is founded by Gabriel Patru, a media strategist with deep expertise in data science,…