Category: Uncategorized
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Accelerator Rubik Garage opens applications for this year’s edition
Rubik Hub has opened the application period for the seventh edition of the accelerator Rubik Garage, designed for tech startups from Central and Southeastern Europe. The program supports startups to boost revenue, expand into new markets, and attract investments. Eligible startups must have a functional MVP and use technology to address problems innovatively. Teams should…
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Open-air film screenings return to Bucharest’s Titan Park
The program Open Air Cinema (Cinema în aer liber) returns to Titan Park’s Arts Island between August 13 and September 8 with 24 film screenings. The program covers a variety of genres, ranging from drama and thriller to comedy and animation. The initiative aims to offer viewers an alternative to watching movies on TV and…
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Organizers of Untold festival in Romania highlight heightened safety measures
Cluj-Napoca will host the 9th edition of the Untold music festival between August 8-11, and organizers have said that increased safety measures are in place. Over 250 national and international artists will perform during Untold for four days and nights. Thousands of employees from the Ministry of Internal Affairs, including the General Directorate of Operational…
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Romania reports spike in Covid-19 cases
The National Institute of Public Health (INSP) announced that 5,370 Covid-19 cases were recorded between July 29 and August 4, an increase of 55.8% compared to the previous week. During the same interval, 13 deaths were also recorded in cases with comorbidities. A total of 1,716 of the cases were of re-infected patients, INSP said.…
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Romanian gamified experiences startup launches funding round on SeedBlink
Questo, the Romanian startup known for its gamified city exploration app, is launching a EUR 630,000 funding round on equity and investment platform SeedBlink. Early Games Ventures and Sparking Capital are co-investors in the round, which aims to scale Questo’s solution. The funds raised will be used to acquire IP rights for universal stories, facilitating…
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Eastern Romania: Iași updates municipal stadium project
The mayor of Iași, Mihai Chirica, announced on Tuesday, August 6, that he had signed the contract and the order to commence updating the “Regele Ferdinand I” Municipal Stadium project. The planned stadium, valued at around EUR 110 million, will have a capacity of 24,000 seats and will be built on the outskirts of the…
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One United Properties residential sales and pre-sales reach EUR 123.3 mln in the first half of 2024
One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use, and office real estate, reports residential sales and pre-sales of EUR 123.3 mln in the first half of 2024. In H1 2024, the Group sold and pre-sold 452 apartments and commercial units with a total surface of 43,809 sqm, 624 parking spaces, and other…
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Liberal Party senior member says any combination with democratic parties is acceptable
Romania’s Liberal Party is ready to form a ruling coalition after this autumn’s general elections with either right-wing or left-wing partners, but finds it appropriate to seek the support of a broad right-wing coalition for its presidential candidate Nicolae Ciuca, PNL first vice-president Rares Bogdan confirmed. Furthermore, he explained that neither his party nor the…
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Gabriel Resources wants second chance to develop gold mining project in Romania
Gabriel Resources announced at the Toronto Stock Exchange, where its shares are traded, that it has filed [supposedly to ICSID] a notice of dispute against Romania under two bilateral investment protection treaties following the Romanian Government’s decision not to extend the term of the Roşia Montană exploitation license. The notice was also formally sent to…
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Romanian entrepreneur invests EUR 10mn in chicken farm
Carmistin, one of the biggest players in Romania’s food industry, particularly in the meat market, invested EUR 10mn in a chicken farm located at Scornicesti, in Olt County, according to Ziarul Financiar. This is one of the largest and most modern chicken farms owned by the group, founded in 2000 by Iustin Paraschiv. The Scornicesti…