Romania's budget deficit next year will exceed the target of 3% of GDP, even in an optimistic scenario in which the economy would grow by 4%, says central bank chief-economist Valentin Lazea.
Ecovent, a Romanian company specializing exclusively in indoor air quality solutions, is launching Evoair, a proprietary brand developed following an initial investment of over €1 million. The starting portfolio includes more than 40 products—ranging from small and large dehumidifiers and air purifiers to humidifiers and multifunctional tower fans. Evoair products are positioned in the affordable-premium […]
Romanian energy group Electrica and state-owned gas producer Romgaz signed a memorandum of understanding on Tuesday, September 9, to jointly develop up to 400 megawatts of renewable energy production and storage capacity, the companies announced in a report to the Bucharest Stock Exchange. The agreement, signed in the presence of energy minister Bogdan...
iMapp Bucharest, one of the world’s largest video mapping festivals, will celebrate its 10th anniversary later this month with a weekend of digital art, music, gastronomy, and supercars, organizers announced Tuesday, September 9. On September 20–21, Constituței Square will host a lineup that combines art and entertainment, featuring international DJs, large-scale projections on the 23,000-square-meter […]
In a new report, Greenpeace accuses IKEA of contributing to the destruction of some of Europe’s last remaining wilderness areas in Romania’s Carpathian Mountains, warning that the company’s wood sourcing practices are threatening irreplaceable ancient forests. The group projected its findings onto an IKEA store in Bucharest on Sunday night to mark the report’s launch. […]
How to Web Conference, the leading startup and technology event in Eastern Europe, announced its agenda for this year's event, offering a program designed to provide attendees with actionable insights and expert guidance to drive innovation and growth. The agenda features visionary presentations from global technology leaders, insights from top-tier venture funds, and opportunities for […]
Romania is at the bottom of the European ranking in terms of the share of higher education graduates among the young population aged between 25 and 34, according to data from Eurostat, the European statistical office, quoted by Ziarul Financiar. Data come amid a reversal in the trends for university admissions,...
