Category: Uncategorized
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Private partner in Romanian SMR project closer to selling land to its JV with Nuclearelectrica
Romania’s Ministry of Energy, as the majority shareholder (82%), required the nuclear group Nuclearelectrica (BVB: SNN) to go ahead with the deal by which company’s JV project with private partner Nova Power and Gas (NPG) will purchase from the latter (NPG) the plot of land for the development of the project – the small nuclear…
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Romania to accept taxi drivers from Nepal, Sri Lanka, Vietnam, Philippines
Romania will allow foreigners from non-EU countries to work, including as taxi or Uber/Bolt drivers, after changing the rules for obtaining a permit by allowing the exam to be taken in English, Profit.ro reported. Transport organizations in Romania have been insisting for at least 5 years, amid the lack of professional drivers, that the Romanian…
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Romanian maritime ports handle less freight on fewer grain exports in 2024
The volume of goods loaded and unloaded in the Romanian maritime ports dropped by 14% y/y to 59.55 million tonnes in 2024, according to data published by the statistics office INS and quoted by Bursa.ro. The overall handling volume’s decline was due to the 26.3% reduction in the volume of loaded goods, while the volume…
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More Romanians invested in Bitcoins than at Bucharest Stock Exchange
Over 600,000 Romanians invest in cryptocurrencies, according to Horia Gustă, president of the Association of Fund Administrators (AAF), quoted by Economica.net. For comparison, the stock exchange has only 220,000 investors. The regulations and lack of financial education are the main obstacles to bringing more investors to regulated markets such as BVB, according to Horia Gustă.…
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Romanian blueberry farmer invests EUR 8 mln in processing and packaging hall
Yami Fruits, a strawberry and blueberry producer controlled by four Romanian entrepreneurs, is building a fruit processing and packaging hall in Şoimus commune, Hunedoara county, with money from the Just Transition scheme (dedicated to regions hit by decarbonization), according to Ziarul Financiar. The production of blueberries and other forest fruits in Romania has developed quickly…
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Andrew and Tristan Tate return to Romania: “We’re here to clear our names”
Controversial social media influencer Andrew Tate and his brother Tristan, who are being investigated on several charges related to human trafficking and other offenses, have returned from the US to Romania after nearly three weeks. They said they returned to clear their names in court, as they’ve done “nothing wrong.” “Innocent men don’t run from…
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German citizen declared undesirable in Romania for terrorism-related activities
On Friday, March 21, the Bucharest Court of Appeal ordered the declaration of a German national as an undesirable person in Romania for a period of 10 years, following a request from the Romanian Intelligence Service (SRI). The individual is known to be a supporter of terrorist organizations active in the Middle East, consistently promoting…
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Prominent MPs launch Trusted Tech Caucus in Romanian Parliament in Partnership with the Krach Institute for Tech Diplomacy at Purdue
Cross-Party MPs Unite to Harness Tech for Economic Growth and National Security Members of the Romanian Parliament representing diverse political parties, joined by the Krach Institute for Tech Diplomacy at Purdue University, the world’s preeminent trusted technology accelerator are announcing the official launch of the first-ever Parliamentary Trusted Tech Caucus. This group of legislators will…
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Romania’s Softbinator Technologies appoints Gabriela Mechea as CEO, Daniel Ilinca to lead US sales operations
Softbinator Technologies, a Romanian company providing comprehensive software product development services, announced the appointment of Gabriela Mechea as Chief Executive Officer (CEO) at the group level. At the same time, founder and former CEO Daniel Ilinca will relocate to the United States to manage sales operations and expand the company’s presence in the US market.…
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Ukrainian-Romanian co-production Dad’s Lullaby to have local premiere at One World Romania
Lesia Diak’s Dad’s Lullaby, a Ukraine-Romania-Croatia co-production, is set to have its Romanian premiere at the One World Romania International Documentary and Human Rights Film Festival, set to take place in Bucharest between April 4 and April 13. The feature-length documentary is directed by Lesia Diak and produced by Diak and Monica Lăzurean-Gorgan and Elena…