A team of Romanian and German developers created a cryptocurrency, LOVEUKRAINE, the purpose of which is to help Ukraine, according to a release sent on Friday.A share of 4.8% of the total transactions with this cryptocurrency is redirected to an aid fund (a public crypto wallet).LOVEUKRAINE was launched by the team of developers of Aether, a cryptocurrency that reached a maximum market capitalization of 3.8 million dollars. Presently, LOVEUKRAINE has a low market capitalization, of 100,000 dollars.The team from Romania has conducted concrete actions at the Romanian border with Ukraine, offering aid, food, transport and anything necessary to Ukrainian refugees from the funds available. Furthermore, the LOVEUKRAINE team even traveled to Ukraine, offering food to people living near the border. All charitable actions of the team are broadcast live on Facebook."We invested in several cryptocurrency type projects trying to help Ukrainian refugees. All donated money in Bitcoin or through bank accounts. Unfortunately, many bank accounts were blocked, and transfers in Bitcoin couldn't be transformed into real money. This led to the interruption of aid offered to refugees. We put the bases of the LOVEUKRAINE project and decided to help exactly where it's needed. Real funds offered, on the spot, to real people. That is the only way we are sure that the funds of our community reach where they are needed," said Andrei Simion, project CEO.On the other hand, for the refugees that travel to Germany, the members of the team from this country offers assistance in view of completing legal forms, ensuring employment and short-term accommodation.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
