Category: Uncategorized
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Hungarian Group Inter-Computer, IBM Platinum Partner, expands in Romania with projected first-year revenue of EUR 3 men
Inter-Computer Group (ICG), a leader in the technology solutions in Central and Eastern Europe, and one of the largest IBM Platinum Partners in the region, is expanding its operations to the Romanian market starting this year. With a primary focus on integrating IBM products, especially in the financial-banking sector, the company aims to achieve a…
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Romanian IT company FintechOS secures USD 60 mln funding to accelerate global expansion
FintechOS, a leading end-to-end financial product management platform originating in Romania, announced the successful completion of a USD 60 million Series B+ investment round. The new funding round comes as FintechOS celebrates significant business achievements, including a 40% year-over-year growth and a 170% increase in operating margins. The company is on track to achieve break-even…
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InterContinental Athénée Palace announces the launch of the new summer menu on the terrace of Roberto’s restaurant
InterContinental Athénée Palace announces the opening of Roberto’s restaurant terrace for the summer season and the debut of a new summer menu created by Executive Chef Yevgen Denysenko together with Roberto’s Chef Andrei Androne and their team. Just like every year, hotel guests and Bucharest residents alike will be able to enjoy classic Italian dishes…
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Romanian swimmer David Popovici breaks 20-year record at Barcelona competition
Romanian swimmer David Popovici won the 200m freestyle event at the recent Mare Nostrum meet in Barcelona, with a time of 1 minute 44.74 seconds. He set a new competition record, which had stood for nearly 20 years. The former Mare Nostrum circuit record for the 200m freestyle was held by German Paul Biedermann, with a…
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INNOSHIP Partners with Dr Max Group to streamline shipping operations across five countries
Innoship, part of the Alsendo Group and a leading tech-enabled SaaS delivery management solution, is announcing a new strategic partnership with Dr Max Group, the leading pharmacy chain in Central Europe. This collaboration signifies a landmark in retail and technology, aligning with the objectives of both companies to enhance efficiency and customer experience in the…
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Tiny House Festival: Travel & living event holds 2024 edition in Romania’s Vama Veche in June
Tiny House Festival, which the organizers say is the largest travel and living in nature event in Eastern Europe, takes place in the seaside resort of Vama Veche this summer. Scheduled for June 22-30, the event invites enthusiasts of alternative housing or those looking for unconventional vacation ideas to discover and test 40 unique accommodation…
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Hercesa currently building over 400 apartments in Bucharest
Real estate developer Hercesa Romania said that it kicked off in May the construction works on the first building of the last phase of the Vivenda Residencias project in the Titan area of Bucharest. The entire D building, with a total of 400 apartments, is to be completed in the third quarter of 2026. Apartment…
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Patriot system can cover both parts of Ukraine and Romania, prime minister says
Prime minister Marcel Ciolacu stated in a recent interview that Romania’s Patriot missile system could cover both parts of Ukraine and parts of Romania. The government is mulling a proposal for Romania to provide Ukraine with such a system. The Phased Array Tracking Radar to Intercept on Target, or Patriot system, is one of the…
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Weekend calendar: Bookfest, MoBU art fair, Children’s Day events, Este Film Festival, Night of the Nightingales and more
It’s a busy weekend for book lovers and publishing industry professionals as Bookfest brings numerous meetings with authors and associated events, while art fans can visit the MoBU fair taking place also at Romexpo, in Bucharest. Meanwhile, various events for children mark the June 1st celebration. In Bucharest: Bookfest May 29 – June 2 Book…
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Romania has highest rate of early school leavers in the European Union
Romania registers the highest share of ‘early school leavers’ (young people aged 18-24 leaving early from education and training) among the EU member states, at 16.6% compared to a European average of 9.5%. At the EU level, the share of young people who decided to leave education and vocational training early has decreased constantly in…