The National Salt Company Salrom announces the extension of its concession license for a graphite exploitation site in the Ungurelasu – Polovragi area, a strategic project of European importance in the battery sector, for which the company is seeking nearly €200 million in EU funding. Graphite is an essential raw material for the manufacture of batteries, one of the most dynamic industries in the world at the moment. “The extension of the Graphite Shale Mining License will allow Salrom to develop business opportunities related to the maximum exploitation of the economic potential offered by this useful mineral substance, given that Salrom has an approved project, included in the list of 47 projects declared of strategic level by the European Commission regarding the exploitation and valorization of critical raw materials,” the company reports. The project involves the extraction and primary processing of graphite schist to produce battery-grade graphite, including the development of necessary mining infrastructure and the installation of processing equipment to convert raw material into high-purity graphite essential for battery production—particularly for electric vehicles and energy storage systems. The total funding requested amounts to €198,306,135. With this initiative, Salrom is set to join the ranks of Europe’s major critical raw material producers, entering a rapidly expanding market with strong growth potential. For the first time, the European Commission has adopted a list of 47 strategic projects aimed at boosting domestic capacity for critical raw materials. These projects are expected to strengthen the European value chain and diversify sources of supply. They will be located across 13 EU member states.
Construction and real estate development company Novarion has announced its intention to list on the AeRO market of the Bucharest Stock Exchange by the end of the year or at the beginning of next year. Listing will take place following a EUR 70,000 grant obtained through the EU-backed National Recovery and Resilience Plan, or PNRR. […]
“The Robot Cellist,” the visionary project of international artist Fredrik Gran, will perform during GoTech World 2025, the largest IT and digital solutions expo-conference for the business environment in Central and Eastern Europe. Created by Swedish composer Fredrik Gran, “The Robot Cellist” reinterprets the cello through technology, blending tradition with innovation. It has already appeared […]
Romania is 7th in a ranking of the fastest Wi-Fi connections available onboard trains in 18 countries in Europe and Asia, according to an analysis by internet speed testing service Ookla. With a median download speed of 12.46 Mbps, Romania offers Wi-Fi more than twice as fast as Italy (4.78 Mbps) and Poland (4.72 Mbps), […]
Bucharest’s Botanical Garden will once again be illuminated this fall as the “Garden of Lights – Small World” exhibition opens to the public on October 24. The nighttime event will feature thousands of light installations, colorful lanterns, multimedia projections, and interactive displays inspired by landmarks and cultures from around the world. Visitors will embark on […]
The Metropolis Foundation announced the start of construction works on Romania’s largest pediatric psychiatry hospital, a project valued at over EUR 16.5 million. The new facility will be built within Bucharest’s “Prof. Dr. Alexandru Obregia” Psychiatric Hospital. The 3,900 sqm building will include modern wards, medical offices, occupational and virtual reality therapy rooms, sensory and […]
Global enterprise AI agent platform Wonderful announced on Monday, October 13, that it entered the Romanian market and appointed Lucia Stoicescu as Country Manager. Founded in early 2025 by Bar Winkler (CEO) and Roey Lalazar (CTO), Wonderful provides an integrated agent platform allowing enterprises to build, manage, and monitor AI agents serving customers. Winkler previously […]
