TechAngels, the community of private investors in Romania dedicated to supporting technology startups, reaffirms its confidence in Romania's extraordinary potential as a conducive environment for innovation and entrepreneurship, but emphasises that this potential fundamentally depends on preserving and consolidating democratic values, on the trust of investors."We remain optimistic and confident that Romania is an extraordinary country in which to start a startup, including in the technology field. However, all the efforts and achievements of recent years can be wiped out if Romania does not remain a democratic state, where individual freedoms and rights are defended," said Marius Istrate, president of TechAngels, quoted in a press release sent on Thursday.The analysis, based on public sources, shows that 71 financing rounds of over 251 million US dollars were opened this year. "This dynamic clearly proves the enormous potential of entrepreneurs in Romania, but economic stability and long-term investments are inseparable from a solid and predictable democratic framework," added Marius Istrate.TechAngels believes that the civic involvement proved by the high voter turnout is the expression of a positive trend and calls for at least as active participation in the next elections. "Strengthening democracy and the rule of law depends on each of us," the press release states.In this context, TechAngels believes that it is important for all democratic political forces to take a firm stand against any anti-democratic, anti-Euro-Atlantic, neo-legionary or anti-Semitic slippages. "In Romania, there should be no doubt that we support freedom, genuine democracy and respect for life and human dignity," concludes Marius Istrate.TechAngels is an open group of private investors, with over 130 members, interested in supporting the development of technology startups in Romania and the region.
Holidays are simply better when you share the traditional taste of Boromir Cozonac with your loved ones. Our Collection of Cozonac brings joy and warmth to festive gatherings, carrying on the sweet traditions of the winter season. With its soft core, rich fillings, and authentic flavor that comes from natural sourdough, the Boromir Cozonac is […]
As parents everywhere wrestle with the same uneasy question, how do you prepare children for a future shaped by rapid technological change and constant uncertainty, Verita International School is betting on a clear answer: teach students how to think, not what to think. In this interview with Romania Insider, Ashley “Ash” Peek, Head of Secondary […]
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
