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NextUp Solutions: The business environment, forced to keep an eye more closely on the Government, than on the business

October 3, 2023

NextUp Solutions: The business environment, forced to keep an eye more closely on the Government, than on the business   The numerous changes announced and switched by the Government are killing the predictability, necessary for the development of the business environment The budgets of companies, under pressure with the increase...

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Romanian museum dedicated to forced collectivization under communism adds new wing with EU funds

The Museum of Collectivization, the first in Romania dedicated to the forced collectivization period of the communist era, is set to open a new wing, Corp B, funded through the EU-backed National Recovery and Resilience Plan (PNRR) and co-financed by the National Cultural Fund Administration (AFCN). With the new building, the museum located in Tămășeni, […]

Romania’s Madrigal choir to tour in Luxemburg, Belgium

Romania’s “Madrigal – Marin Constantin” National Chamber Choir, conducted by Anna Ungureanu, will be in Luxembourg and Belgium, as part of the “Bridges Across Europe/Punți peste Europa” European tour, where it will perform five extraordinary concerts. The performances will take place between November 20 and 25, with the help of  the Ministry of Culture, the Romanian Embassy […]

Romanian Ministry of Culture takes EUR 140 mln loan to preserve historical monuments, buildings

The European Development Bank approved a EUR 140 million loan for Romania’s “Cultural Foundations” project, aimed at preserving historical monuments and constructing cultural buildings in the country. The project targets 14 investment objectives of national and European relevance, administered by public institutions under the Ministry of Culture, including the Romanian Athenaeum, the Romanian National Operas […]

Exim Banca Romaneasca facilitates beneficiary identity verification for internet/mobile banking payments

Bucharest, November 14, 2024 – Exim Banca Romaneasca offers clients the possibility to verify the true identity of the beneficiary when initiating a payment in RON through internet or mobile banking. This is enabled by the bank’s adoption of the Beneficiary Name Display Service (SANB), which helps prevent fraud and reduces erroneous transactions caused by […]

NGOs call for urgent approval of Bucharest Văcărești Natural Park’s management plan

Fifty NGOs and civic groups, along with the Bucharest Environmental Platform, have drawn up an open letter calling on Romania’s Ministry of Environment, Waters, and Forests to urgently approve the Management Plan for the Văcărești Natural Park in Bucharest. They say the plan has been pending approval for nearly a year. The non-profits noted that […]

AROBS financial results as of September 30, 2024: consolidated turnover of RON 306 mln and net profit of RON 16 mln

AROBS Transilvania Software (BVB: AROBS), the largest technology company listed on the Bucharest Stock Exchange, reports consolidated turnover of 306.2 million lei as of September 30, 2024, with an EBITDA of 43.4 million lei and a net profit of 16.1 million lei. “If at the end of 2023 we anticipated potential stagnation in the automotive...