The Ministry of Research, Innovation and Digitalization (MCID) from Romania, the Ministry of Economic Development and Digitalization from the Republic of Moldova and IBM Romania signed a collaboration agreement in the field of technology and digitalization, on Thursday, on the sidelines of the Summit of the Three Seas Initiative, which takes place in Bucharest.According to a press release from MCID, the memorandum aims to establish cooperation to carry out exchanges of best practices and expertise regarding the governmental cloud and innovative technologies, the development of digital solutions and the implementation of joint projects in the field of digital transformation.The document was signed by the Romanian minister of Research, Innovation and Digitization, Bogdan-Gruia Ivan, the state secretary in charge of digitization of the Republic of Moldova, Mihai Lupascu, on behalf of the minister of Economic Development and Digitization, and the leader of IBM Romania and Moldova, Cerasela Baiculescu.The agreement is part of a series of actions to attract private partners to accelerate the digital transformation of the two countries, undertaken by the Ministry of Research, Innovation and Digitalization, it is also shown in the cited press release.
Moldovan carrier Flyone will add a route between Bucharest and Munich starting in October. The flights to Munich will be operated on Mondays, Wednesdays, and Fridays. This adds to the flights it has connecting the Romanian capital to Tel Aviv, Brussels, and Verona. With these routes, the airline is responding to the constant demand from […]
The Romanian government has sent the European Commission a portfolio of projects for the development of the defense industry and the increase of military mobility. The proposals are meant to secure funding through the EU’s Security Action for Europe, or SAFE, initiative. According to the government’s press release, “approximately 70% of the projects...
Romanian electricity distributor and supplier Electrica listed the largest issue of green, corporate, and non-financial bonds on the Romanian capital market, reaching a total value of EUR 500 million, on July 30. The bonds, with the stock symbol EL30E, are registered, non-convertible, unsecured, denominated in euro, have a nominal value of EUR 1,000 each, and […]
Dracula Film Festival, the event dedicated to horror and fantasy film, has opened the call for entries in its four competition sections. The festival runs four competition: Dracula Trophy, an international feature film competition; Little Dracula, an international short film competition; Vladutz, a Romanian short film competition; and Dracula Digital, a competition dedicated to young […]
Investment firm Mozaik Investments has acquired a majority stake in Genesis College, a large private educational institution in Bucharest. After receiving all approvals, Mozaik will provide growth capital to accelerate the development of the educational network through investments in new campuses and the expansion of schooling capacity, as well as the development of the International […]
The Romanian investment fund market has surpassed the threshold of one million investors. Moreover, the net assets of the 248 open-ended and closed-ended funds reached RON 51.8 billion (EUR 10.2 billion) in June, according to data from the Romanian Fund Managers Association, or AAF. Specifically, 1,007,481 people in Romania had money in the local and […]
