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.
Romania has issued more than 217,000 temporary protection permits to Ukrainian citizens since the start of the war, while a total of 4,534 Ukrainians have applied for asylum in the country, according to data released by the General Inspectorate for Immigration (IGI) and quoted by Agerpres. The IGI reported that between...
Tekpon, a Romanian-founded software solutions marketplace, announced that it acquired the TNW (The Next Web) brand from The Financial Times. The deal targets full ownership of the TNW media and events brands, which cover and convene the European technology ecosystem, from the FT. “The transaction is Tekpon’s largest investment in media and events so far. […]
In a market shaped by shrinking supply, rising capital and shifting global flows, North Bucharest Investments is positioning itself at the center of Bucharest’s next residential cycle. For CEO Vlad Musțeată, 2026 is not a year to watch from the sidelines, but “one of the clearest buying windows of the past decade” for disciplined investors […]
One year after the Romanian Constitutional Court (CCR) annulled the presidential elections and decided a complete rerun, amid a flawed electoral process backed by evidence in a declassified report sent by intelligence services to the state defence council CSAT, president Nicusor Dan announced a detailed report on the developments would be released...
Electrocentrale București, one of the 17 state enterprises shortlisted by the government for restructuring, has launched the tender for a new gas-fired cogeneration power plant in Bucharest South, a project worth over RON 2.1 billion (EUR 400 million). Interested companies can submit bids until February 5, according to
Critical Metals Corp (Nasdaq: CRML), an American company specialising in critical minerals, and Romanian nuclear group Nuclearelectrica (BVB: SNN) announced on December 9 the signing of an agreement for the development, in Romania at Feldioara, of an industrial rare earth processing facility. The planned facilities at Feldioara, where Nuclearelectrica operates its subsidiary Uranium Concentrate Processing […]
