Interim president Ilie Bolojan emphasized connectivity and energy as Romania’s main priorities during his statement at the end of the Three Seas Initiative Summit, held this week in Warsaw, Poland. Speaking to the press, the Romanian leader highlighted the progress made over the past decade to bridge the development gap between Central and Eastern Europe and the West, noting that one of the initiative's major goals has been to enhance regional infrastructure and cooperation.
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Oil and energy producer OMV Petrom, one of the largest companies in Romania, saw its profits drop 24% compared to the same period last year, reaching RON 1.1 billion (EUR 220.9 million). The company benefited from the rise in energy prices after the start of the war in Ukraine, with its profits rising sharply in […]
Radu Jude's Kontinental '25, which earned the Romanian director a Silver Bear for Best Screenplay at this year's Berlinale, is scheduled to open in Romanian cinemas on June 20. The film, a mix of drama and comedy, follows bailiff Orsolya as she makes various attempts to address her feelings of guilt following the suicide of […]
Etiq AI, a female-founded AI-startup based in London, UK, founded by Iris Anson and Raluca Crisan, announced it has raised EUR 900,000 in seed funding led by GapMinder VC on Wednesday, April 30. The financing follows a previous grant funding of GBP 1 million from InnovateUK, and will be used to scale its newly launched […]
The growing demand for spacious apartments, increasing confidence in projects under development, the rising appetite for green-certified residential complexes, and the heightened interest in purchasing completed projects for investment purposes are the key trends of the first quarter in Bucharest's residential market, according to a report by North Bucharest Investments (NBI), a leader in premium […]
One United Properties (BVB: ONE), the leading Romanian green developer of residential, mixed-use and office real estate, held, on April 29th, 2025, the General Meeting of Shareholders (GMS). During the GMS, the shareholders approved, among other items, the distribution of the second tranche of the dividends from 2024 profits, the 2025 budget, and re-elected members […]
Bucharest’s residential market is entering a new stage of maturity, marked by growing demand for spacious apartments, rising interest in green-certified developments, and increased confidence in projects still under construction, according to a report released by North Bucharest Investments (NBI). The report highlights several favorable factors for the real estate market in 2025, including a […]
