Category: Uncategorized

Simtel Team (BVB: SMTL), a leading Romanian engineering and technology company specializing in renewable energy, has announced the signing of a significant contract worth RON 66.5 million (EUR 13.4 mln) excluding VAT with a company in the metallurgical industry.  Under this agreement, Simtel Team will be responsible for the design, engineering, procurement, construction, and commissioning…

Electrocentrale Bucuresti (ELCEN), the state company that provides heat for Bucharest’s residents, has signed a Memorandum of Understanding (MoU) with Sage Geosystems, a US-based company specializing in geothermal energy technologies. This partnership aims to conduct a feasibility study on integrating geothermal resources into Bucharest’s central heating system.  The MoU was signed by ELCEN’s General Director…

LPP Logistics, a division of Polish fashion group LPP, has inaugurated its second e-commerce warehouse in Romania to support the growing demand for the group’s brands in Southern Europe.  The new 40,000 sqm facility, located at CTPark Bucharest West in Bolintin-Deal, will enhance the company’s ability to process up to 400,000 orders per day.  This…

Spark Generation, an educational platform based in Cluj-Napoca, is aiming to raise EUR 1 million through the European tech investment platform Seedblink. The funds will support the platform in scaling its B2B business model to benefit students and teachers across 320 schools and high schools.  Spark Generation, founded by three Romanian entrepreneurs, currently serves 9,000…

French group Saint-Gobain has successfully launched its second plasterboard production plant in Turda, central Romania. This milestone follows extensive production tests initiated at the end of last year and the completion of a detailed handover program.  The new line, which represents an investment exceeding EUR 50 million, spans 14,000 sqm and includes advanced equipment for…

Romanian Cristian Măcelaru, the artistic director of the “George Enescu” International Competition and Festival, will conduct the Orchestre National de France at the opening ceremony of the Olympic Games in Paris.  “I never thought in my life that I would have this opportunity. It’s a very beautiful thing because it’s an event where we all…

Only 207 women were elected as mayors in Romania in the June 9 local elections, representing 6.51% of the total 3,179 mayors, according to an analysis by Women for a Better Society, a non-governmental organization advocating for women’s rights and gender equality. Moreover, only 3,606 women became local councilors, representing 9.01% of the total 40,022…

Anul Nou Care N-a Fost/The New Year That Never Came, the first fiction feature written and directed by Bogdan Mureşanu, was selected in the Orizzonti competition section of the 2024 Venice International Film Festival. The 81st edition of the event will take place between August 28 and September 7. The New Year That Never Came…

Flanco Retail, one of Romania’s leading retailers of electronic and household appliances, announces the move of its headquarters to SkyTower, the tallest building in the country and a notable sustainable landmark in Bucharest. Starting in July, Flanco occupies the entire 11th floor of SkyTower, spanning over 1,150 square metres. This move represents a strategic step…

Real estate developer Nobis Group, owned by Marius Busu, will deliver by the end of this year the first phase of the luxury residential project Nobis Gardens, with a total estimated market value of EUR 28 million. The project will comprise 28 luxury villas close to Pipera Lake, and the second phase is set to…