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Hidroelectrica will purchase wind parks in Romania and other power companies

June 21, 2018
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Genezio raises $2 million pre-seed round to build the tools for the future of programming, in a landscape changed forever by generative AI

Genezio, a startup launched in 2023 to create tools to help developers automate app creation, raised a $2 million pre-seed round led by Gapminder Ventures. Genezio will use the funds to implement the go-to-market strategy and develop enterprise features, as current use cases include web, mobile, blockchain, AI, and automation apps. This is the first […]

BRD AND IFC JOIN FORCES WITH INAUGURAL TRANSACTION TO BOOST SUSTAINABLE FINANCE IN ROMANIA

BRD Groupe Societe Generale and IFC, a member of the World Bank Group, have closed a landmark synthetic significant risk transfer (SRT) transaction that will free up capital for BRD to boost the financing of impactful sustainability-related projects in Romania. Under the transaction, IFC will provide a risk guarantee on an up to €700 million […]

Salvator Rosa painting stolen from Oxford, recovered in Romania and returned to the UK

A painting estimated at EUR 2 million that was stolen from an Oxford university art gallery roughly four years ago was recovered in Romania and returned to the UK judicial authorities last month, the Romanian Police announced. According to the BBC,...

Romania to play in Group B at the 2024 European Women's Handball Championship

Romania's national team will play in Group B at Debrecen in the 2024 European Women's Handball Championship alongside the teams from Montenegro, the Czech Republic, and Serbia, according to the draw held in Vienna.  The Romanian team was part of the second pot and was the first drawn. Romania qualified undefeated for the final tournament, […]

Respiro center for children with disabilities and their families opens in Bucharest

Bucharest City Hall, through the General Directorate of Social Assistance of the City of Bucharest (DGASMB), and UNICEF Romania inaugurated on Thursday, April 18, a new integrated social services unit for vulnerable children in the capital city. The Respiro center for children with disabilities and their families, named The Magical Rainbow, will provide free services such as […]

Romania closer to admission into US Visa Waiver Program, government says

Romania is inching closer to admission into the US Visa Waiver Program, a national strategic objective, according to the government.  The country is increasingly close to meeting the technical criteria for joining. To be part of the program, countries need to have an applicant refusal rate below 3%. To reach this goal, the government says […]