Romania has used funds from the European Bank for Reconstruction and Development (EBRD) of more than one billion euros for investments over the last 30 years, and the amount could reach up to 7 billion euros, Victoria Zinchuk, EBRD director for Romania, said on Thursday at the 7th edition of the Critical Infrastructure Protection Forum (CIP Forum), as part of the Digital Innovation Summit Bucharest (DISB) 2024.The EBRD has so far provided the largest amount of funding to waste and wastewater projects in Romania, without which many of you ,who are probably not necessarily from Bucharest, would not be able to access these services. We also provide funding for urban transport solutions. We are looking at opportunities to really make sure that we provide a better life for those people living in Romania and other countries where the EBRD operates, said Zinchuk.She also gave some examples of projects implemented in Romania that have benefited from EBRD funding, mentioning that improving infrastructure can also lead to better demographics in Romanian society.Discussions and exchange of ideas on topics related to innovation and cyber security will continue on Thursday at the Digital Innovation Summit Bucharest (DISB) 2024, an event organized by the National Institute for Research and Development in Informatics ICI Bucharest under the High Patronage of the Chamber of Deputies speaker.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
