Category: Uncategorized

Romania is allocating EUR 440 million for the fourth edition of the Start-Up Nation scheme, which aims to support over 7,500 entrepreneurs, prime minister Marcel Ciolacu announced ahead of the government meeting on 20 March, according to an official statement.  The programme, launched in August 2024, will provide entrepreneurial training followed by financial support of…

About 46% of Romanians believe that what they currently buy is only the bare minimum to ensure their daily living due to inflation.  In the last month, Romanians spent the most on food products (89%), utilities (82%), personal hygiene products (73%), home care products (67%), and medicines or supplements (66%), according to a Reveal Marketing…

Xiaomi Corporation (“Xiaomi” or the “Group”; stock code:1810), a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an Internet of Things (“IoT”) platform at its core, announced its audited consolidated results for the year ended December 31, 2024 (“the Period”). The Group’s quarterly revenue exceeded RMB100 billion for the first…

Mall Moldova, a project developed by Prime Kapital Development in partnership with MAS, will have its grand opening in less than a month, aiming to become the leading shopping destination in the Moldova region, in eastern Romania. The construction of the mall is in its final stages, with the official opening scheduled for April 17,…

Romania’s Consumer Protection Agency, or ANPC, decided on Thursday, March 20, to stop 23 trams from going on route due to multiple irregularities. Among the issues discovered were the lack of hygiene in the means of transport, damaged bellows that could affect passenger safety, torn seat upholstery, and broken windshields.  The Dudești, Giurgiului, Alexandria, Militari,…

The education ministry will implement a pilot project involving the use of artificial intelligence “to optimize the activity of teachers, the learning process, and the educational process.” The announcement was made after a meeting between the education minister, Daniel David, and the management of Microsoft Romania. The ministry will designate the educational unit where the…

Auchan Retail Romania is internationally recognized for its commitment to sustainability, being the first and only retailer from Southeastern Europe included in the “50 SDG Leaders,” a collection of documentary interviews published on CNBC.com, the online platform of one of America’s leading television channels. This campaign, initiated by the United Nations (UN), highlights companies that…

The Oscar Maugsch Palace, also known as the Palace of the “Generala” Insurance Society or the BCR Palace, an iconic building located in University Square, Bucharest, will be converted into a luxury, 5-star hotel, according to the Bucharest mayor. Nicușor Dan announced that he has signed the construction permit for the restoration of the Oscar…

Romania ranks first in terms of the total number of cases closed in 2024 by the European Court of Human Rights (ECHR), according to the latest edition of the annual report on the execution of judgments by the institution, published on Wednesday, March 19. The annual report from the Council of Europe’s Committee of Ministers shows…

New Hope, an exhibition of recent works by Roman Tolici, is scheduled to open in Bucharest on March 28. The show, which will open at Mobius Gallery, was previously presented in Brașov and Timișoara and will also travel to Sibiu and Tulcea. New Hope gathers a selection of recent works, created over the past four…