On Friday (22 October 2021), at a signing ceremony hosted by NATO’s Secretary General, Defence Ministers from 17 Allied countries* agreed to take the lead on the development of NATO’s first Innovation Fund. “At the Brussels Summit, NATO leaders committed to strengthening our Alliance, including by promoting and protecting transatlantic innovation”, the Secretary General said. “Today we are delivering on that commitment. And together we will keep our people safe in a rapidly changing world”, he added. This multinational Fund will help NATO retain its technological edge by enabling investment – worth 1 billion euros - in dual-use technologies of potential application to defence and security. It will also facilitate closer and trusted cooperation with deep-tech innovators, which may otherwise be unable to develop successfully the innovative solutions most needed to the protection of the Alliance. Together with NATO’s Defence Innovation Accelerator for the North Atlantic – or DIANA - the Innovation Fund will support the development of a protected transatlantic innovation community. Since its launch at NATO’s Brussels Summit, a number of Allies have made offers to host the headquarters, test centres and accelerator sites that will make the DIANA network in both Europe and North America. Both initiatives are expected to be fully in effect by NATO’s Madrid Summit in 2022. *Belgium, the Czech Republic, Estonia, Germany, Greece, Hungary, Italy, Latvia, Lithuania, Luxembourg, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia and the United Kingdom.
This loan agreement is DRI’s first internationally led syndicated financing, first certified green loan, and first multi-currency loan. The Vacaresti solar park, located in Dambovita County, Romania, has an installed capacity of 126MWp, enough to power about 50,000 households and avoid 48,600 tonnes of carbon emissions per year. DRI, the EU renewables arm of DTEK, together […]
Mircea Spiridon, a 50-year-old Romanian man, died in the Spanish region of Tres Cantos while saving an 83-year-old man, the owner of the riding stables razed to the ground in the same fire. The Romanian arrived in Spain 20 years ago. Married and with two children, ages 14 and 18, he was a mechanic by […]
The Bucharest International Air Show (BIAS) is set to launch the first exclusive NFT collection together with the National Institute for Research and Development in Informatics, ICI Bucharest. NFTs (Non-Fungible Tokens) gained popularity in the last few years as a way of owning unique digital objects. The NFT collection, titled “Cloud Chasers,” will be presented and […]
Sema Real Estate, one of the leading players in Romania’s real estate sector, announces a partnership with the Romanian fintech company Finqware to implement FinqTreasury, a key platform for the optimization and digitalization of financial operations in the real estate industry. Efficient management of collections and payments, rapid visibility into financial flows, and the elimination […]
At the British School of Bucharest (BSB), community engagement isn't an afterthought — it’s the heartbeat of school life. Guided by the spirit of #WeAreBSB, the school embraces four core mottos that shape everything from classroom discussions to student-led initiatives: #CONCERN for others, by being kind to the community #CONCERN for our planet, by being […]
Two individuals who received sums of money claiming to facilitate the acquisition of Romanian citizenship were convicted in absentia on Monday, August 11, in Chișinău for influence peddling and are wanted by Moldovan authorities. The two told citizens of the Russian Federation that they had influence over officials at the Romanian Consulate in Odesa and […]
