Category: Uncategorized

Romanian venture capital fund Early Game Ventures (EGV) has announced a EUR 1 million pre-seed investment in CogniSync, a pure-AI startup created by a Romanian team of founders.  CogniSync is developing a new tool for optimizing workflows as companies and teams scale by surfacing internal best practices and revealing any potential misalignment with compliance or…

Vienna-based The New Originals Company has announced the acquisition of the Inedit brand and its assets from Dr. Oetker Romania. This strategic move brings together two major players in the plant-based food industry, both dedicated to promoting tofu as a natural, healthy, and sustainable alternative to meat.  Founded in 1998 by Aurelian Eremia, Inedit has…

The European Bank for Reconstruction and Development (EBRD) has extended a EUR 10 million loan to Garanti BBVA Leasing Romania, a mid-sized finance lease provider that works with small- and medium-sized enterprises (SMEs), to broaden these firms’ access to leasing finance and build their resilience.  Garanti BBVA Leasing will use the loan to finance new…

The trio Palaye Royale will perform at Arenele Romane in Bucharest on November 20 as part of their “Death or Glory” tour to promote the album with the same name. The LA-based band announced their largest European tour yet, “Death or Glory,” promoting the album of the same name, scheduled to be released on August…

Romanian software company Red Point Software Solutions announced the acquisition of Ness Technologies Ro, a part of US company Ness Digital Engineering. This acquisition is part of Red Point Software Solutions’ strategy to implement SAP cloud solutions. The company aims to consolidate its position in the local market by increasing the number of SAP specialists…

Redbee Software, DRUID, Questo, Ascendia, FintechOS, Pentest-Tools.com, Kinderpedia, and Nestor are the eight Romanian companies included in the latest Deloitte EMEA Technology Fast 500, the ranking of the fastest-growing technology companies in Europe, the Middle East, and Africa.  The winners of the EMEA Fast 500 were selected based on percentage fiscal-year revenue growth from 2019…

Edward Iordănescu will no longer be the head coach of Romania’s national football team once his contract expires at the end of July, the Romanian Football Federation (FRF) announced. He has been at the helm of the national team since early 2022. “Following discussions, the Romanian Football Federation understands and respects the decision of Edward…

US astronaut Edwin “Buzz” Aldrin, 94, recently told the press that he is extremely happy one year after marrying Romanian Anca Faur, 65. He told People magazine that he has “never been happier in my life than I am now, with my time with Anca.”  The two first met in December 2017 at a work…

Two US Air Force B-52H Stratofortress aircraft landed at the Mihail Kogalniceanu Airbase in Romania on Sunday, July 21, to join the Bomber Task Force 24-4. This marks the first time US strategic bomber aircraft have operated out of Romania, the US Air Force in Europe said. While flying in international airspace, the two B-52…

Nine Romanian citizens were detained, eight of whom were later released, following the street riot that erupted on July 18 in Leeds, the UK. Disturbances occurred after British authorities took the children of a Romanian family in response to one of the children, a 7-month-old, being hospitalized with a head injury.  British police have also…