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Impact Hub Bucharest and Startarium have launched Startup Impact Lab, a new program aimed at supporting Romanian startups in their growth stages. The initiative responds to the challenges faced by entrepreneurs who struggle to secure investment, often relying on personal funds during both the establishment and development phases of their businesses. Startup Impact Lab provides…

Symmetrica, the leading producer of vibropressed paving stones and curbs in Romania, is set to complete its new factory in Bolintin Vale, near Bucharest, this summer. The facility represents a EUR 50 million investment and will become the largest production unit for concrete pavers and slabs in the company’s network, as well as the largest…

Infosan, the only private ophthalmopediatric hospital in Romania, has been accredited by the National Authority for Quality Management in Health (ANMCS) with Category II, “Accredited with recommendations,” the highest standard achieved so far by healthcare facilities in our country. This accreditation confirms the hospital’s commitment to patient safety, the quality of medical care, and continuous…

Since its establishment in 2006, Grecu Partners has differentiated itself as an innovator in Romania’s legal landscape, offering out-of-the-box and client-centric solutions in business law. In this interview, Elena Grecu, the firm’s founder and managing partner, shares the story behind the firm’s inception, its evolution into a multidisciplinary practice with a significant national and international…

Cluj-Napoca City Hall has launched a public consultation on a new regulation that would ban smoking in public transport stations, parks, and public sports facilities. If approved by the City Council, the measure will take effect three months after its adoption. According to mayor Emil Boc, designated smoking areas will be established in parks and…

Prosecutors have placed 21 train inspectors from state railway operator CFR Călători under judicial supervision as part of an investigation into offenses including abuse of office, embezzlement, computer fraud, unauthorized system access, intellectual forgery, and fraud.  The case follows searches conducted at CFR Călători’s central office and multiple locations across Bucharest, Giurgiu, Teleorman, Brașov, Prahova,…

The outcome of the presidential elections in Romania could have implications for investor confidence, the sustainability of the coalition government, and its political capacity to implement fiscal consolidation, according to a note issued by rating agency Fitch in response to the elevated political turmoil and the wide budget deficit in January-February (1.6% of GDP). The…

A State Duma commission in Moscow has sent “materials on hostile actions by Romanian authorities towards the Russian Federation” to the Prosecutor General’s Office and the Foreign Ministry, according to Tass, quoting the head of the commission, Chairman of the State Duma Committee on Security and Anti-Corruption Vasily Piskarev. The commission reacted to Romania accepting…

Stanleybet Capital, a holding company that integrates and coordinates a network of sports betting and slot machine agencies, gambling halls, and online gambling platforms, announced the listing of its second issue of corporate bonds at the Bucharest Exchange (BVB).  The non-subordinated, non-convertible, unsecured bonds with a maturity of five years are in a total amount…

Real estate developer One United Properties (BVB: ONE), controlled by entrepreneurs Victor Căpitanu and Liviu-Andrei Diaconescu, has convened the shareholders for April 29 to, among other things, approve the distribution, in two semi-annual tranches, of dividends at a yield estimated at 3.7% based on the current price of its shares. ONE had an annual dividend…