Category: Uncategorized

As Romania navigates an increasingly complex economic landscape, Rudi Vizental, CEO of ROCA Investments, shares his insights on the private equity sector’s evolution and the key factors shaping business in 2025. He highlights the growing importance of debt financing and secondary transactions as alternatives to traditional funding, explaining that “debt financing is stepping in to…

The Festival of Pirates in Romania’s Danube Delta will return this spring for its eighth edition. Scheduled for May 15-18, the event will take place in Sulina with a program of good music, authentic gastronomy, slow life, unspoiled nature, and forgotten traditions of the Delta. According to the organizers, the town of Sulina is known…

The rehabilitation and equipment upgrade works at Polizu Maternity Hospital in Bucharest, which involved major interventions in three essential medical departments and the acquisition of vital medical equipment, are in their final stages, Save the Children Romania announced. The project includes the renovation and equipment upgrade of the Intensive Care Unit, the Operating Room, and…

The Trump administration is currently pressuring Romanian authorities to ensure that pro-Russian politician Călin Georgescu is allowed to continue his electoral campaign unhindered and run in the presidential elections in May, according to a report from Bloomberg. The US newspaper notes that American officials have focused almost exclusively on the presidential election issue in a…

The annual MerchantPro Compass analysis, conducted by the local SaaS eCommerce platform MerchantPro, based on data from online stores active in both 2024 and the previous year, reveals that Romania’s eCommerce market continued to grow in 2024, with an increase of over 8% in order value compared to the previous year. The number of orders grew by 3%, and the average cart…

Integrated energy producer OMV Petrom has begun construction of a sustainable aviation fuel (SAF) and renewable diesel (HVO) production unit at its Petrobrazi refinery in Romania. Following a total investment of EUR 750 million, the facility will have an annual production capacity of 250,000 tons and will make the company the first major producer of sustainable…

Prime minister Marcel Ciolacu said that the United States made no request to Romania regarding the legal status of the well-known influencers Andrew and Tristan Tate, both under investigation for human trafficking and sexual abuse.  Ciolacu said that no request was made during the discussion between the Romanian foreign minister Emil Hurezeanu and Richard Grenell…

Romanian startup Bible Chat has raised USD 14 million in a Series A funding round led by Silicon Valley venture capital firm True Ventures, with participation from Early Game Ventures and Play Ventures. The app has quickly become a global success, currently being one of the most successful faith-based digital products worldwide. Bible Chat is…

The Romanian Authority for Consumer Protection (ANPC) has ordered the temporary suspension of activities for 16 economic operators in Bucharest’s Băneasa shopping center, issuing fines totaling RON 537,000 (EUR 108,000) and removing 560 kg of food products at 45 businesses. “An operational inspection was launched today regarding economic operators in District 1, within Băneasa Shopping…

Romania is bracing for an extended period of extreme cold, with the National Meteorological Administration (ANM) issuing a yellow weather warning for most of the country until Monday, February 24. Temperatures are expected to drop significantly, with nighttime and early morning lows ranging between -18 and -10 degrees Celsius, including in Bucharest. In the southern,…