Category: Uncategorized

The UN Environment Programme (UNEP) announced the six recipients of the 2024 Champions of the Earth award, and Gabriel Paun, a Romanian environmental defender, is on the list. He has been honored in the Inspiration and Action category. Gabriel Paun “is the first Romanian to receive this title, which comes after more than 20 years of uninterrupted struggle…

BCR Seed Starter, the corporate venture capital (CVC) company established by a BCR, announced an investment of EUR 500,000 in FieldOS, the SaaS platform for field activity management and asset maintenance founded by Cristian Dragomir and Ion Gavrilescu. It is BCR Seed Starter’s first investment. The funds will be used for product development, accelerating growth…

Construction has begun on the new Ice Hotel at Bâlea Lake, Romania’s unique hotel made entirely from ice and snow. This year, each of the 12 rooms will be named after a renowned international classical music personality, including conductor André Rieu, whom the organizers hope to invite to visit the hotel. Taking advantage of the…

The rise of artificial intelligence is transforming how we work and learn, with education emerging as one of the most impacted sectors. Looking ahead to February 2025, a significant change is coming as the European Union implements its AI Act. This legislation will require organisations to take concrete steps to build AI literacy among their…

Border authorities at Timișoara’s Traian Vuia International Airport discovered 42 gold bars in the luggage of a 62-year-old Romanian man traveling to Jakarta, Indonesia. The gold, weighing 2.8 kilograms and valued at approximately RON 1.12 million, was not declared to customs at the time of departure. “On December 9, 2024, at the Timișoara Traian Vuia…

A recent survey by eJobs and Up Romania reveals that 76% of employers in Romania plan to offer Christmas benefits to their employees this December. Among the surveyed companies, 79% intend to provide cash bonuses, while others focus on year-end team parties (40.7%), gift vouchers (33.3%), holiday-themed gift baskets (28.4%), additional days off (18.5%), and…

Romania’s GDP per capita in PPS (Purchasing Power Standard) is similar to that of Poland, and over the one in Hungary. A similar situation can be observed in terms of wages, Profit.ro reported. GDP per capita at Purchasing Power Standards (PPS) is helpful to evaluate how the population’s average income impacts daily living. This metric…

Regina Maria is relocating its Băneasa Polyclinic, in northern Bucharest, to the Băneasa Airport Tower building following an investment of EUR 5 million, the healthcare network announced. The move came as the company needed ample space for a broader range of medical specialties and new equipment. The polyclinic in Băneasa Airport Tower will have 38…

INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltics, said that it signed an agreement to acquire shares in Romania’s paper products producer Pehart Group, owner of the oldest paper factory in the country with a 187-year tradition. The transaction with Abris Capital Partners is expected to be completed in the…

The ski area in the Straja mountain resort, about 345 km from Bucharest, has opened to tourists. The resort has approximately 26 kilometers of slopes for all levels, and the snow layer currently ranges between 35 and 40 cm.  The cold weather and snowfall over the past week have created the necessary conditions for several slopes…