Oradea, a major city in northwest Romania, will be the host of Unchain Fintech Festival this summer. The fintech & blockchain event is scheduled for July 13-14. Bankers, financial institutions, regulators, startups, investors, and all other key stakeholders of the ecosystem will come together at the Unchain Fintech Festival to discuss the latest trends, create business opportunities and spark innovation in financial services. “Together with all the relevant experts in the financial and tech industry, we will shape the business landscape in payments, loans, insurance, personal finance, e-commerce, banking, and more. Central and Eastern Europe has a great potential of being one of the key drivers in the global fintech and blockchain economic shift. Regional unicorns have offered just a glimpse into the potential of the CEE and, through Unchain Fintech Festival, we aim to grow and maximize the innovation and business capabilities of the region,” said Alexandra Pollack, Co-Founder and CEO of Unchain Fintech Festival. The two-day festival will be split into three main events, namely Unchain Trends, Unchain Ideas, and Unchain Connections. Ticket prices start at EUR 150. According to the organizers, Unchain Fintech Festival is set to become the flagship regional event for fintech and blockchain in Central and Eastern Europe.
Besides 5.5 GW of installed solar and wind power units already in use, Romania's market regulator ANRE has approved the construction of new units with a combined capacity of nearly 6 GW, which could double the contribution of the green energy (hydro not included) from 20% currently to 40%, according to Ziarul...
Romania’s Ministry of Energy informed on Monday, August 4, that it has authorised OMV Petrom to temporarily use 80,000 tonnes of crude oil and 30,000 tonnes of diesel out of its reserves to offset the effects of refusing two ships carrying a total of 180,000 tonnes of contaminated Azeri crude oil. Minister Bogdan Ivan declared […]
In a first move of this kind on the Romanian capital market, the five investment funds resulted from the mass privatisation scheme in the 90’s – Lion Capital, Evergent Investments, Transilvania Investments, Longshield Investment Group, and Infinity Capital (directly or through subsidiaries) – jointly financed, in full, the EUR 100 million bond issue of real […]
By July 23, the Treasury had borrowed RON 28.93 billion (EUR 5.6 billion) from households this year, a share of 16.7% in the total public financing undertaken by the government to cover the record financing needs, according to data published by the Ministry of Finance and compiled by Cursdeguvernare.ro. The...
Industrial price inflation in Romania turned negative -0.3% y/y in June, dragged down by the prices of energy that have constantly dropped from February to reach a negative -7.5% y/y annual contraction in June, according to data published by the statistics office INS. The industrial prices were largely shaped over the past years by the […]
One United Properties (BVB: ONE), the leading green developer of residential, mixed-use, and office real estate in Romania, announces the signing of a promissory sale and purchase agreement for land located in a prime central area of Sibiu, marking the Company’s strategic entry into one of Romania’s most dynamic regional cities. “Sibiu...
