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As fintech reshapes global markets, UNCHAIN Fintech Festival (June 17-18th in Oradea) challenges the Central and Eastern European business landscape to reflect on a new mindset where financial innovation is deeply intertwined with every industry that shapes our economies, unlocking new opportunities for companies and customers.  “The future of finance is no longer siloed. As…

The latest study conducted by Reveal Marketing Research shows that 55% of urban Romanians know that Europe Day is celebrated on May 9, while 35% admit they do not know the exact date. Moreover, slightly over a third know its significance.  The demographic breakdown reveals that men (59%) are better informed compared to women (50%)…

The 24th edition of the Transilvania International Film Festival (TIFF) will open with a screening of Brendan Canty’s Christy, a coming-of-age story about resilience and the power to start over, recently awarded at the Berlinale. The screening will take place on the grand outdoor screen in Cluj-Napoca’s Unirii Square on June 13 as part of…

Agriculture continues to be a key sector for both the Romanian and European Union economies despite a constantly decreasing contribution to GDP and an increasingly low profitability, according to the Romanian AgriFood Startups Overview Report 2024, released by Impact Hub Bucharest in partnership with Startarium. The agricultural sector’s contribution to Romania’s GDP was 3.9% in…

Yokohama Rubber, a Japanese corporation with a history of over 107 years, has purchased a tire factory for the mining industry, as well as for earthmoving and oversized transport machinery, located in Drobeta Turnu Severin, according to Profit.ro.  The factory, built in the 1970s–1980s, was put up for sale by the judicial liquidator of the…

Nine people, all Romanian citizens, together with their family members, were evacuated on Tuesday, May 6, from the Gaza Strip and are now in Jordan, from where they will be brought to Romania with an aircraft of the Romanian Air Force. According to the Ministry of Foreign Affairs, the evacuation involved the Romanian Embassies in…

Affiliate marketing platform 2Performant (BVB: 2P) announced the signing of the final acquisition agreement for Profitshare Romania and Bulgaria, previously operated by Conversion Marketing (eMAG group). The acquisition marks an important milestone in consolidating 2Performant’s position in the Romanian and Bulgarian markets and paves the way for regional expansion in Central and Eastern Europe, the…

Sergiu Neguţ, co-founder of fintech company FintechOS, is the new President of Romanian Business Leaders (RBL), an organization gathering more than 550 entrepreneurs and leaders from the Romanian business environment. He will lead RBL’s new board of sirectors, set to serve between April 2015 and April 2027, alongside vice-presidents Felix Pătrășcanu, the managing partner of…

The US-based Institute for the Study of War argued in a recent analysis that a victory for the far-right presidential candidate in Romania, George Simion, would advance policies that would support the Kremlin’s objectives in Ukraine, along with its narratives about Ukraine and Moldova. The ISW is a non-partisan, non-profit, public policy research organization that…

The National Bank of Romania (BNR) announced on May 6 a mid-day official exchange rate 1.2% d/d weaker for the local currency, which kept losing ground during the day to stabilize around RON 5.1 to euro or 2% down from just under RON 5.0 to euro seen in the past over a long period. The…