Category: Uncategorized

Catalyst Romania has invested EUR 2 million in Romanian robotics development company Adapta Robotics. Women in Tech (WIT), a business angel community, participated in the round. The investment will allow Adapta Robotics to further customize its flagship MATT Robot to serve various industry verticals, strengthen its sales and marketing teams, and establish strategic partnerships with…

Starlink, the satellite internet service operator run by Elon Musk, has been conducting tests in Romania for several months to see if a global standard governing the use of satellites can be relaxed. Specifically, the tests aim to demonstrate that a rule dating from the 1990s, which technically limits new-generation, non-geostationary satellites like those operated…

After almost nine years of activity, the Bucharest Food Bank, along with the Federation of Food Banks in Romania, recently opened a new modern logistics hub in the new Logicor Bucharest III Pallady park.  The opening marks a new stage in the mission of the Bucharest Food Bank to contribute to the fight against food…

The Executive Committee of the Romanian Football Federation (FRF) approved an investment of roughly EUR 1.2 million over the next 4 years to support all the national teams, Casa Pariurilor League 2 clubs, top 24 academies, and Women’s SuperLiga clubs. By partnering with Hudl, a global leader in video and data analysis in sports, a…

Romanian company Aliant, an IT solutions integrator and provider of hyper-automation and managed print services solutions, has acquired 67% of business software developer SoftPepper, known for its modular BPM platform and ticketing, CRM, and ERP solutions. The acquisition represents “a strategic step in Aliant’s plan to strengthen its position in the IT market and expand…

NATO announced that it started additional flights by Airborne Warning and Control System – AWACS surveillance aircraft over Romania on September 29.  The enhanced vigilance activity is aimed at supporting the Alliance’s reinforced presence in the region and monitoring Russian military activity. In addition, it will also strengthen Romania’s ability to respond to the increased…

Eight children from the Gaza Strip, along with their families, have arrived in Romania and will be treated in specialized medical facilities, while their families will be placed under the care of the Social Assistance Directorate of the Bucharest Municipality. According to a press release issued by the government, prime minister Marcel Ciolacu met with…

Romania’s Government, through the National Investment Company (CNI) under the supervision of the Ministry of Development, allocated approximately RON 245.4 million (EUR 49.3 mln) for the construction of an artificial ice rink with a capacity of 2,180 spectators in the municipality of Sfântu Gheorghe, Covasna county. “In the municipality of Sfântu Gheorghe in Covasna county,…

Complaining about delayed Schengen membership for Romania and speaking of the OCDE membership as the new target, prime minister Marcel Ciolacu assured in an interview with TV station Antena 3 that the country will soon surpass Austria by GDP per capita measured in PPP. Unless Austria faces a major economic crisis, this implies that Romania…

Romania’s Competition Council approved the transaction by which OMV Petrom is taking over three companies active in energy generation, specifically wind and solar, sector: Intertrans Karla, Bridgeconstruct, and ATS Energy, the competition authority announced in a press release, quoted by Economedia.ro. Following the analysis, the Competition Council found that this operation does not raise significant…