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.
Chinese bamboo products manufacturer Long Bamboo Technology Group Co., a supplier to Swedish retailer IKEA, has entered the Romanian market to establish a furniture production facility, Profit.ro reported on May 8. The company, headquartered in Hong Kong and with manufacturing...
The Mangalia shipyard in Romania is resuming operations gradually following its entry into insolvency in 2024 after Dutch shipbuilding group Damen withdrew from the joint venture. The shipyard's management has introduced measures to stabilize finances and revive activity, with employee salaries to be paid in phased installments,
The Belgian manufacturer of metal roofing systems Metigla, with a factory in Ceptura, Prahova County, announced a EUR 15 million investment plan in expanding production, automation, and employees. "In 2025, we will consolidate our presence in key markets and gradually expand this model to more European countries. We invest in sustainable products, automation, teams, and […]
Chinese electric vehicle manufacturer BYD officially launched operations in Romania, introducing its full-electric and plug-in hybrid models to the local market, Economica reported on May 8. The move is part of the company’s broader strategy to expand across Europe. BYD’s initial retail presence includes showrooms in...
The local currency kept losing ground on May 9 despite reported interventions by the central bank. The interest rates rose, and the Stock Exchange’s indices resumed the decline on May 9 after a modest gain on the previous day. The development suggests a drain on liquidity from the money market, possibly amid hybrid interventions by […]
Ilie Bolojan, the interim president of Romania, has sent his "warmest congratulations" to Pope Leo XIV in a message posted on X. "Warmest congratulations to His Holiness Pope Leo XIV upon the election to the Chair of Saint Peter. May he have a long reign and guide the faithful all over the world with wisdom […]
