Category: Uncategorized
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Online map allows Romanian citizens to report areas with ragweed that must be cleaned by law
The online platform HartaAmbroziei.ro, launched in 2019, allows citizens to report areas with ragweed to town halls. Ragweed must be cleaned from both public and privately-held lands by law, or else fines can be imposed. According to the law, if cleaning works are not carried out within 15 days of the warning, authorities can intervene,…
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EBRD, NN pension funds become minority shareholders in Premier Energy after Bucharest Stock Exchange IPO
The European Bank for Reconstruction and Development (EBRD) has bought 11% of the shares offered at the Bucharest Stock Exchange (BVB) initial public offering of Premier Energy (BVB: PE) following an investment of RON 77 million (EUR 15.5 million), it said. The EBRD investment is expected to represent just over 3% of the company post-IPO. The…
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Premier Energy starts trading on Bucharest Stock Exchange after largest IPO of an entrepreneurial company in five years
Premier Energy (PE), one of the biggest energy groups in Romania, has started trading on the Bucharest Stock Exchange (BVB) following its IPO where it attracted RON 695 million (close to EUR 140 million). It was the largest IPO of an entrepreneurial company at BVB in the last five years. The company’s initial public offering…
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Oldest candidate in Romania’s upcoming elections is 100 years old, Electoral Authority says
The oldest candidate for Romania’s June 9 local and European elections is 100 years old, while the youngest is 23, according to the president of the Permanent Electoral Authority, or AEP, Toni Greblă. “We also have two candidates for the local elections aged 95 years, and two candidates aged 94,” Greblă added. The institution also…
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EUROPAfest 2024 brings artists from 20 countries to Bucharest in July
EUROPAfest holds a new edition this summer, bringing 100+ artists from 20 countries to Bucharest from July 5 to 14. In addition to jazz concerts, the event will also include workshops and jam sessions. The festival debuts on July 5 with the Opening Gala Concert – Jazz at the Palace, while the EUROPAfest 31 Gala…
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Largest LEGO diorama in the world to be featured at Art Safari event in Bucharest
The largest LEGO diorama in the world, dedicated to Star Wars Rebels, will be featured between May 30 and June 16 at the Art Safari Summer Edition, held at the Dacia-Romania Palace on Lipscani Street in Bucharest. Composed of over 1 million pieces and covering an area of 45 square meters, the diorama will occupy…
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Young Romanian entrepreneur secures USD 0.5 mln from YCombinator for exam preparation platform
Romanian entrepreneur Codruț Lemeni secured USD 0.5 million in March this year from YCombinator, a prestigious Silicon Valley program that has launched tech giants such as Airbnb, Reddit, and Dropbox, to further develop his Educato AI platform. The new digital tool offers high school students free and interactive exam preparation, especially for the Baccalaureate. The…
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Romanian ruling coalition first in voting intentions for European Parliament elections, new poll shows
The ruling PSD-PNL alliance ranks first in voting intentions for the European Parliament elections, with 43.7%, followed by far-right party AUR with 17.5%, and the United Right Alliance with 14.1%, according to a poll conducted by INSCOP for News.ro. Voting intentions for local councils indicate the following ranking: PSD – 29%, PNL – 27.6%, AUR –…
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Gov-Smart aims to transform public administration in Romania
Gov-Smart, founded by Alexandru Panait, announced the launch of an “innovative solution” that promises to transform public administration in Romania through complete digitization and advanced automation. By implementing interconnected modules specific to each type of institution, the company aims to automate up to 90% of public servants’ work, reducing repetitive tasks and improving administrative efficiency.…
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Premier Energy shares go up on Bucharest Stock Exchange debut
The shares of Premier Energy (BVB: PE), one of the most dynamic energy groups in Romania, gained over 5% on their debut on the Bucharest Stock Exchange on Tuesday, May 28. The company’s shares opened the trading session at RON 20.7, then went down to RON 20.5, before jumping and stabilizing over RON 21. Premier…