Category: Uncategorized

Exim Banca Românească is launching the ABC service package, which allows any child aged between 6 and 14 to have a free bank account in local currency (RON) and a MasterCard Standard START card in their name. This tool can be used by parents both to encourage financial independence in children and to manage money…

The Animal Rights March 2024 will be held on September 21 in Bucharest’s University Square, starting at 4:00 PM, according to an announcement published on Facebook. Organizers say that animals are beset by problems in Romania and that policymakers need to address them. “Many injustices are happening in our country when it comes to animals,…

Softer falls in production and new orders signalled Sharpest decrease in input buying since data collection began Cost pressures cool, but charge inflation picks up Romania’s manufacturing economy contracted again in August, as firms continued to contend with weak demand conditions. Though there were sustained falls in output and new orders, the rates of decline…

On Monday, September 2, the Romanian government approved and sent to Parliament the bill regarding the donation of a Patriot surface-to-air missile system to Ukraine. After adoption, the Executive will issue the decision that will make the donation act operative.  Romania’s Supreme Council of National Defence, or CSAT, decided to donate the Patriot missile system…

Environment minister, Mircea Fechet, stated that the summer of 2024 was the hottest on record in the history of the National Meteorological Administration, the agency that measures climate phenomena in Romania. Fechet mentioned that in addition to temperature records, increasingly intense extreme weather events are being registered.  “The general director of the National Meteorological Administration…

Alpin Film Festival, a leading cultural event dedicated to mountain, nature, and adventure lovers in Romania, will take place between September 17 and 22 in Brașov. Moreover, this year, it will extend to picturesque locations such as Predeal and Râșnov, the organizers said. The 9th edition brings a selection of internationally awarded films and renowned…

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, is currently carrying out restoration works on the former Ford Hall in Bucharest, which will be modernized into a sustainable mixed-use space. After restoration, it will open under the name One Gallery and will include, in addition…

The mayor of Cluj-Napoca, Emil Boc, recently gave assurances that the long-awaited subway project will be realized, highlighting the financing contracts involving EU funds.  The completion of the subway project has been debated recently in connection to delays in the reception of EU funds. “Despite all the discussions in the public space, I want you…

Resource Partners, an independent private equity investment company founded in 2009, acquired an 80% stake in the ITH group, the parent company of the Romanian brand Vola.ro and Polish brand FRU.pl. Vola.ro is the leader of the online tourism market in Romania, with a presence in Poland, Bulgaria, and Moldova. The deal creates new development…

Romania-based Bware, a provider of blockchain infrastructure and API services, has been acquired by US firm Alchemy, a developer of Web3 infrastructure. The acquisition comes as Bware is a “natural complement” to Alchemy’s products and services, the US company said. “Bware is one of the fastest growing and highest quality providers of blockchain infrastructure and…