Romania’s Prime Minister Victor Ponta says his governments brought the rate of utilization of European funds from 7 percent in May 2012 to 52 percent; the target for 2015 is 75-80 percent of the available structural and cohesion funds, he declared on Thursday. â€It was probably one of the most difficult challenges we had as [...]
More than half of young people in Romania express a desire to emigrate for more than six months to another country, with 8% having a very strong desire, 11% a strong desire, and 32% a moderate desire to emigrate, according to the Youth Study. Southeast Europe 2024 conducted by the Friedrich-Ebert Foundation. The data was […]
Romanian startup .lumen, which has developed glasses enhancing the mobility of the blind and visually impaired, has successfully closed a EUR 5 million investment round led by Catalyst Romania. The investment includes participation from the European Innovation Council (EIC) Fund, Sweden's Tigrim Capital, and a EUR 1 million crowdfunding component facilitated by SeedBlink, raised in […]
Ultranationalist independent candidate Calin Georgescu would mark a clear win in the first round of the presidential elections (38%) but would not significantly improve his score in the second round against the candidate of the ruling coalition Crin Antonescu whom he might defeat with 39% to 38%, according to a poll conducted by Avangarde. The […]
Stanleybet Capital, the holding company overseeing one of the main sports betting and gambling operators in Romania – Game World Group – has announced a public bond offering to raise between EUR 3 and 5 million. The funds will be allocated to marketing and promotion efforts for its online and retail divisions, as well as […]
Ameropa Grains, Romania’s largest grain trader with an annual turnover exceeding RON 8 billion (EUR 1.6 billion), has listed silos in Călăraşi and Constanţa for sale, including strategic facilities with access to the Black Sea. Sources cited by Ziarul Financiar indicate that Cambela Prod,...
Dulcinella Romania, a local network of confectioners and pastry shops with Bessarabian roots, plans this year to open a factory in Târgu Neamț where the production activity would be relocated, which would help it reach a turnover of EUR 10 million, up 30% compared to 2024. The plant would have a production area of 4,700 […]
