Category: Uncategorized

Romanian plastic packaging producer Romcarbon Buzău (BVB: ROCE) announced in a note to investors that it is receiving a RON 35.2 million (EUR 7 million) grant under the Resilience Facility (PNRR) to develop a plastic waste recycling and recovery unit.  Its shares jumped +15% upon the announcement while still marking a 15% y/y decline. The…

Romanian company Carfil, in partnership with the US company Periscope Aviation, will start producing military drones in Brasov by the end of the year, economy minister Bogdan Ivan announced in the context of the visit paid by the US Congressional delegation in Bucharest, according to Ziare.com and Bursa.ro.  Two types of drones are envisaged, minister…

Leventer Medical Group, a leading dermato-oncology center in Southeast Europe and a pioneer of Mohs micrographic surgery in the region, has received a strategic investment from private equity firm 7X Partners, which has acquired a 40% stake in the company. The partnership supports the development of Romania’s first private hospital dedicated to the integrated treatment…

The management of Gral Medical, one of the largest Romanian players in the private medical services market, has approved an investment budget of EUR 15 million for 2025, primarily intended for the opening of a greenfield oncology hospital in the northeastern part of the country, Economica.net reported.  The new oncology hospital will be the largest…

The Start-Up Nation program will be financed only from European funds, there will be no more pressure on the state budget, and production in Romania will be directly stimulated, economy minister Bogdan Ivan said on Tuesday, on the occasion of the inauguration of the official registration platform for free entrepreneurial skills courses. The new Start-Up…

An appeal will be made to electricity prosumers in Romania to turn off the inverters of their photovoltaic production installations on Easter Sunday, energy minister Sebastian Burduja said after a meeting of the National Energy Command. On Sunday, April 20, both Orthodox and Catholic Easter will be celebrated, and if the weather is sunny, the…

MKA Strategy Studio, a new marketing and advertising agency, officially announces its launch. Built for the emerging attention economy, MKA specializes in developing strategies, campaigns, and marketing products designed for the way consumer minds are evolving in today’s hyper-stimulated world. MKA is founded by Gabriel Patru, a media strategist with deep expertise in data science,…

Romania’s interim president, Ilie Bolojan, met with a delegation of the US Congress on Tuesday, April 15, at the Cotroceni Palace in Bucharest, with talks focused on strengthening the US-Romania Strategic Partnership, particularly in the areas of security and visa policy. The US delegation included eight members of Congress from both parties: Vern Buchanan, Neal…

The Majestic Hall of the Odeon Theater in Bucharest will host concerts for families and children again in August-September as part of the George Enescu International Festival. The series of concerts dedicated to children will debut on Sunday, August 31, and will continue every Sunday morning until September 21. The concerts feature carefully crafted content,…

The Romanian national team was placed in Group A, alongside Denmark, Spain, and Montenegro, at the final tournament of the Under-19 European Football Championship, which will take place in Romania, between June 13–26.  Teams from Germany, Norway, England, and the Netherlands will compete in Group B of the Championship, which will be hosted on stadiums…