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Gov't wants a partnership with the business environment to make economy more dynamic

August 27, 2020
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Bucharest’s Peasant Museum hosts Palm Sunday fair this month

The National Museum of the Romanian Peasant in Bucharest will mark the Orthodox Palm Sunday (Florii) celebration with a dedicated fair this month. Scheduled for the April 26-28 weekend, the event will feature products made by local craftsmen and traditional goodies. Thus, from Friday to Sunday next week, between 10 AM and 6 PM, museum […]

Romania to make clothing importers, producers responsible for the costs of managing sector waste

Romania’s Extended Producer Responsibility mechanism is set to come into effect from January 1, 2025, making importers or producers of clothing responsible for the costs of managing the respective waste. Environment minister Mircea Fechet said these producers will have to manage textile waste just like producers in the beverages sector.  “From January 1, another mechanism […]

EPPO investigates EUR 1.7 mln fraud scheme involving irrigation systems in Romania’s Galați county

The European Public Prosecutor’s Office (EPPO) in Iași carried out eight searches in Galați county, Romania, as part of an investigation into a EUR 1.7 million fraud scheme involving projects for irrigation systems funded by the European Union. Several people were brought to the EPPO in Iași to be informed of their status as suspects, […]

Premier Energy announces intention to launch EUR 125 mln IPO on the Bucharest Stock Exchange

Premier Energy, one of the fastest growing privately owned vertically integrated energy infrastructure companies in SEE and one of the largest renewable energy players in Romania and the Republic of Moldova, announced on April 18 its intention to carry out an initial public offering (IPO) on the Bucharest Stock Exchange (BVB). This will be the […]

Startup co-founded by Romanian targets EUR 7 mln to advance hyperloop technology for high-speed transportation

Swisspod Technologies, a startup founded by Romanian Denis Tudor and Cyril Dénéréaz, announced a new round of EUR 200,000 on SeedBlink as part of a total funding round of EUR 7 million. The funds will be used to advance the development of hyperloop, a revolutionary high-speed transportation system that will change the future of passenger […]

More than double the number of Romanians on crypto platforms than investors on Bucharest Stock Exchange

Alexandru Petrescu, the president of the Romanian Financial Supervisory Authority (ASF), recently said that there are two to three times more Romanians registered on crypto platforms than the 178,000 investors recorded on the Bucharest Stock Exchange. The statement was made at the 7th edition of the Critical Infrastructure Protection Forum (CIP Forum), part of the […]