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Rezolv Energy and SCION Launch Nature and CleanTech Accelerator for Early-Stage Ventures in Bulgaria and Romania

Rezolv Energy and SCION Launch Nature and CleanTech Accelerator for Early-Stage Ventures in Bulgaria and Romania

Rezolv Energy and SCION launched the SCION Accelerator, a 10-week programme to support early-stage teams working at the intersection of ecology, science and scalable technology in Bulgaria and Romania. The initiative is among the first to be...

Romania Producer Price Inflation Eases In May

Romania Producer Price Inflation Eases In May

Romania's producer prices increased at a slower pace in May, data from the National Institute of Statistics showed on Wednesday. The producer price index rose 0.9 percent yearly in May, slower than the 1.7 percent rise in April. Further, this was...

Romania to produce U.S. G/ATOR radar system

Romania to produce U.S. G/ATOR radar system

Romania’s state-owned defense company ROMARM has signed a Memorandum of Understanding with U.S. defense giant Northrop Grumman for the local co-production of the G/ATOR (Ground/Air Task-Oriented Radar) system, according to the DefenseRomania...

Northrop, ROMARM to Co-Produce Ground-Based Radar for Romania

Northrop, ROMARM to Co-Produce Ground-Based Radar for Romania

Northrop Grumman and Romanian state-owned defense company ROMARM have signed a memorandum of understanding to jointly produce a ground-based radar for the Romanian Air Force. The G/ATOR (Ground/Air Task-Oriented Radar) is expected to deliver...

Romania's FWF by AROBS named UiPath Fast Track Partner to drive Agentic Automation adoption

Romania's FWF by AROBS named UiPath Fast Track Partner to drive Agentic Automation adoption

Intelligent process automation solutions provider FWF, part of the AROBS Group, has been recognized by Romanian-born unicorn UiPath, a global leader in agentic automation, as an Agentic Automation Fast Track Partner, joining an elite group of...

Romanian man sentenced to prison for access device fraud conspiracy

Romanian man sentenced to prison for access device fraud conspiracy

Michael M Simpson Acting United States Attorney for the Eastern District of Louisiana | Department of JusticeMichael M Simpson Acting United States Attorney for the Eastern District of Louisiana | Department of Justice A Romanian national, Doru...

EU disbursed €3.66 billion for energy-related projects in CEE

EU disbursed €3.66 billion for energy-related projects in CEE

The European Commission and the European Investment Bank announced that 3.66 billion euros have been disbursed from the Modernisation Fund to support 34 energy-related projects in nine EU Member States, all from the Central and Eastern European...

Bulgarian Scientists Create Bacterial Bioinsecticide with Agricultural Application Ready for Sale on Five Continents

Bulgarian Scientists Create Bacterial Bioinsecticide with Agricultural Application Ready for Sale on Five Continents

Bulgarian scientists have developed a new bacterial bioinsecticide for widespread use in agricultural pest control, Prof. Penka Petrova said in an interview with BTA's Dimitrina Vetova. The innovative broad-spectrum biological insecticide was...

Europe Respiratory Care Devices Market Forecast And Company Analysis Report 2025-2033 Featuring Medtronic, Koninklijke Philips, GE, Masimo, Resmedinc, BD And Co, Chart Industries, Getinge

Europe Respiratory Care Devices Market Forecast And Company Analysis Report 2025-2033 Featuring Medtronic, Koninklijke Philips, GE, Masimo, Resmedinc, BD And Co, Chart Industries, Getinge

(MENAFN- GlobeNewsWire - Nasdaq) The European Respiratory Care Devices Market is poised to grow from USD 6.8 billion in 2024 to USD 12.97 billion by 2033, with a CAGR of 7.45%. Key drivers include rising respiratory diseases, an aging population,...

Agricultural exports by road decreased at all Ukrainian border crossings in June

Agricultural exports by road decreased at all Ukrainian border crossings in June

In June, the volume of agricultural exports from Ukraine by road transport was estimated at 262.7 thousand tons, which is 19% less than in May. This was reported by Spike Brokers on July 2 on their Telegram channel. According to the report, the...

Netflix Promotes Łukasz Kłuskiewicz To Run TV & Movies Out Of CEE Region

Netflix Promotes Łukasz Kłuskiewicz To Run TV & Movies Out Of CEE Region

EXCLUSIVE: Netflix has promoted Łukasz Kłuskiewicz to run TV and movies in the Central and Eastern Europe (CEE) region. Kłuskiewicz is currently head of the CEE film and licensing team but will now oversee series and film production, licensing,...

July 7, 2025 UPDATE (1)

July 7, 2025 UPDATE (1)

A roundup of local and world news July 7, 2025 UPDATE (1) Newsroom, 07.07.2025, 17:58 MEASURES – The Government has assumed responsibility in Parliament, on Monday, for the first package of fiscal measures designed to reduce the budget deficit....

Siemens Completes Acquisition of ebm-papst’s Industrial Drive Technology Business

Siemens Completes Acquisition of ebm-papst’s Industrial Drive Technology Business

July 3, 2025 - Siemens closed its acquisition of ebm-papst's Industrial Drive Technology (IDT) division. IDT has about 650 employees in Germany (St. Georgen and Lauf an der Pegnitz) and one in Romania (Oradea). Its portfolio includes intelligent,...

Ukraine Gets Higher Quotas For Some Agricultural Exports In Preliminary Trade Deal With EU

Ukraine Gets Higher Quotas For Some Agricultural Exports In Preliminary Trade Deal With EU

The European Commission and Kyiv have struck a preliminary deal that should allow more Ukrainian agricultural exports into the European Union. The agreement represents a compromise between two trade regimes. One of them is the total trade...

Direct Exports and Aspirations to Boost Syrian Phosphate Production

Direct Exports and Aspirations to Boost Syrian Phosphate Production

Enab Baladi– Jana al-Issa Over the span of three months, the Syrian government exported nine ships loaded with Syrian phosphate to several destinations and in varying quantities — a sign of notable progress in exporting this strategic resource...

Metso invests in new screen manufacturing centre in Romania

Metso invests in new screen manufacturing centre in Romania

Metso, a sustainable technology and solutions company for aggregates and mineral processing, is expanding its stationary screen production footprint by establishing a new manufacturing centre in Oradea, Romania. This investment will support the...

Netflix Promotes Łukasz Kłuskiewicz To Run TV & Movies Out Of CEE Region

Netflix Promotes Łukasz Kłuskiewicz To Run TV & Movies Out Of CEE Region

EXCLUSIVE: Netflix has promoted Łukasz Kłuskiewicz to run TV and movies in the Central and Eastern Europe (CEE) region. Kłuskiewicz is currently head of the CEE film and licensing team but will now oversee series and film production, licensing,...

Motorcyclist killed in bear attack on Romanian scenic mountain road

Motorcyclist killed in bear attack on Romanian scenic mountain road

BUCHAREST (Reuters) -A motorcyclist was mauled to death by a bear on a road in the Carpathian Mountains in Romania on Thursday, emergency service officials said, the latest attack in the country with the European Union's largest population of...

Great success for Italian entrepreneurs mission in Bucharest

Great success for Italian entrepreneurs mission in Bucharest

The business mission of the delegation composed of 42 Italian companies in the infrastructure sector, accompanied by trade associations, was successfully held in Romania: institutional and B2B meetings in Bucharest from July 1-3, 2025. The mission...

Romania Rolls Out Austerity Measures to Curb Soaring Deficit

Romania Rolls Out Austerity Measures to Curb Soaring Deficit

Romania’s new Prime Minister Ilie Bolojan in Bucharest, June 23 2025. Photo: EPA-EFE/ROBERT GHEMENT. As part of a series of measures to curb the budget deficit that came into effect on Tuesday, nearly one million public sector employees will see a...

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