The countries in the region of the Black, Adriatic and Baltic seas are "a refuge for investors, in trying times," said the president of Poland, Andrzej Duda, on Thursday, at the opening of the 3SI Business Forum.The leader from Warsaw claimed that in recent years the states in this area had "the most dynamic economic development among all European economic regions". He recalled that following Wednesday's Summit, Greece became the 13th member of 3SI and thus in this region there are "120 million ambitious European entrepreneurs".For his part, Croatian Prime Minister Andrej Plenkovic spoke of the fact that, in the context of Russia's war against Ukraine, the economy and energy were affected "not temporarily, but structurally". In this case, he said that "adaptation is needed". The president of Latvia, Edgars Rinkevics, pointed out that "the geopolitical situation emphasized the vital importance of sustainable connectivity". He also spoke about the importance of interconnectivity, because "economic growth cannot be done in isolation". For his part, the president of Lithuania, Gitanas Nauseda, spoke about "Russia's energy blackmail" that his country experienced. He showed that Lithuania knows the value of energy security and aims to become a self-sufficient green energy producer in 2030. Moreover, Nauseda spoke about the option of transport corridors for Ukrainian grain through the Baltic region, estimating that they would have a capacity of 10 million tons per year.The Special Representative of the US President on climate issues, John Kerry, emphasized the importance of green energy. The transition to green energy, he emphasized, is "the biggest transformation of economies since the industrial revolution". The American official recalled that scientists drew attention to global warming 35 years ago, and currently these natural phenomena "are happening faster and faster"."The transition to clean energy is the solution to global warming," Kerry pointed out and said that the option of obtaining clean energy through nuclear reactors is a safe one.
Romania’s green startup ecosystem is gaining more and more momentum, driven by a skilled workforce, reforms aligned with EU policies, and the climate emergency, according to a report prepared by Startarium and Impact Hub Bucharest. In 2024, there were over 2,300 startups in Romania, with a total estimated value of approximately EUR 19 billion. Romania […]
The global IT hub established by JTI in Romania has expanded from 140 employees at the beginning of the year to 170 currently, and is set to exceed 200 by the end of 2025. Located in Bucharest, the hub is one of JTI's six technology centers worldwide. The experts in Bucharest provide Digital and IT […]
French-born virtual reality esports center EVA VR has recently opened its Bucharest location, promising a realistic and immersive combat esports experience suitable for corporate team-building events, birthday parties, and various other events. Inaugurated on June 7, the new location is part of an international network, Esports Virtual Arenas, which was established roughly 5 years ago. […]
Investment group ROCA acquired a 20% minority stake in the Adrem energy group, following approval from the Romanian Competition Council. Announced on Tuesday, August 12, the transaction will support Adrem’s strategic development and scaling plans. The investments will be primarily directed towards the expansion and diversification of EPC (Engineering, Procurement, and Construction) projects, the development […]
Romanian students spend an average of 13 hours a week on homework, almost twice as much as their peers in Nordic countries, according to data from the OECD’s PISA 2022 study, quoted by ParentED. Finland ranks at the bottom in Europe with just six hours per week, while countries such as Switzerland, Denmark, and the […]
Three foreign citizens suspected of stealing jewelry and other goods during the Untold Festival in Cluj-Napoca were caught by Romanian police officers at the airport. The three, two men and one woman, all between the ages of 30 and 46, were detained while attempting to fly to Barcelona. Police from the Cluj-Napoca Criminal Investigations Bureau […]
