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.
Wizz Air will add a route connecting Brașov, in central Romania, to Katowice, in Poland, beginning next year, the Brașov International Airport announced. The route will become operational on March 31, 2026, with flights operating every Tuesday, Thursday, and Saturday. In the upcoming winter season, the airline will operate seven routes to five countries from […]
IT Genetics, a company specializing in digitalizing services, aims to have its shares tradable at the Bucharest Stock Exchange by the end of this year, with the amount to be raised estimated at approximately EUR 2 million. The ITG group will be listed, not just IT Genetics, which is nevertheless the main pillar of the […]
Romania’s current transport minister, the Social Democrat Ciprian Șerban, offered bribes to representatives of a forest district in Iași County as a young businessman in 2012, according to recently surfaced documents and recordings. Șerban gave bribes at least six times before reporting the offense to the National Anticorruption Directorate. He did so only after being […]
David Popovici has won the gold medal in the 100-meter freestyle final at the World Championships in Singapore. It is his second win at the event, after the gold medal in the 200-meter freestyle race two days ago. The Romanian swimmer finished the race with a time of 46.51 seconds, ahead of Jack Alexy, who […]
PPF Real Estate, a global developer and investor with a real estate portfolio exceeding EUR 2 billion, announces the completion of infrastructure works for ARC, its new state-of-the-art office project in the Basarab area. The construction progresses on schedule. Reaching ground level marks, a key milestone in the development timeline. The project is moving forward […]
BRD Groupe Societe Generale, the fifth largest bank in Romania by assets, registered a net profit of RON 764 million (EUR 150 million), up 10% compared to the same period in 2024. The net loan portfolio, including leasing financing, increased by 17.4% during the mentioned period, marking a significant growth in corporate lending by 23.8% […]
