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Morphosis Capital Fund II has made its first investment outside Romania by acquiring a minority stake in EnduroSat, a leading European provider of high-end satellites and space services. The investment is part of a broader funding round aimed at accelerating EnduroSat’s expansion in the fast-growing “New Space” industry. EnduroSat, founded by Raycho Raychev, specializes in…

Approximately 11.2 million Ukrainian citizens have entered Romania during the three years of war, the Romanian Border Police reported on Monday, February 24. In total, from February 10, 2022, to February 23, 2025, a total of 11,191,703 Ukrainian citizens have entered Romania. Globally, around 7 million Ukrainian refugees reside in other countries at the moment.…

February 24, 2025, marks three years since Russia’s invasion of Ukraine. In this context, interim president Ilie Bolojan reaffirmed Romania’s full commitment to Ukraine’s freedom, sovereignty, and independence. In a post on X, the Romanian leader said, “As we count 3 years since Russia’s full-scale invasion against Ukraine, Romania reaffirms its full commitment to UA’s…

The US bases in Romania “are maintained and will even increase in importance,” the US special envoy for Ukraine and Russia, Keith Kellogg, reportedly told Romanian foreign minister Emil Hurezeanu, according to Hotnews.ro. Kellog made the statement in the presence of several Republicans close to Donald Trump, Hurezeanu stated in an interview with Prima TV.…

Bucharest mayor Nicusor Dan, who decided to run for president after the isolationist candidate Calin Georgescu won the first round of the scrapped presidential ballot last November, argued that the US administration’s bias towards Georgescu is only an effect of the asymmetric information caused by insufficient explanations provided by the Romanian authorities. While Georgescu repeatedly…

The messages posted by Elon Musk on various social networks in support of the Romanian isolationist politician Calin Georgescu “is a form of interference with the country’s domestic politics,” Romanian foreign minister Emil Hurezeanu said, speaking for Prima TV station on February 22. Hurezeanu stressed that Musk “is only a private person, without a formal…

Major French drugs gangland figure Mohamed Amra, at that moment in pre-trial detention for a murder committed in 2022 in Marseille, escaped in May 2024 upon an armed operation causing the death of two prison officers, was captured by the Romanian law enforcement forces on February 22 and will be extradited to France within 30…

Romanian businessman Ovidiu Budeanu, the developer and owner of Arena Mall Bacău, is expanding the shopping center in a EUR 65 million project set to be completed next year. The investment will increase the mall’s surface area by 70%, with expansion works having commenced in 2023, Economica.net reported. According to DRS-Architects, the architectural firm overseeing…

ROCA Industry, the industrial holding company listed on the main market of the Bucharest Stock Exchange, has invested more than EUR 6.5 million in its operations in the Republic of Moldova, the company announced. The investment aligns with its strategy to expand regional production capacity and optimise operations in the building materials sector. In 2022,…

Prime minister Marcel Ciolacu said on February 21 that Romania will request the amendment of the National Recovery and Resilience Plan (PNNR), and this will most likely be done in March, according to Spotmedia.ro.  Ciolacu met in Brussels with the president of the European Commission, Ursula von der Leyen, and the priority topic was payment…