Romania

GapMinder sets up €80mn VC fund with EU, EBRD among investors

bne IntelliNews February 23, 2024

Fund to target Romania and the region with focus on fintech, cybersecurity, enterprise automation and data/analytics.

Romania’s president pitches to be CEE's candidate for Nato top seat

bne IntelliNews February 23, 2024

The alliance's CEE countries had hoped to be strong contenders to helm the alliance this time around, but the Netherlands' Mark Rutte appears to have it in the bag already.

World Bank says Emerging Europe needs tougher targets to reach net zero by 2060

Aidą Kadyrzhanova in Prague February 22, 2024

New World Bank report charts path to net zero energy in Emerging Europe and Central Asia, but says current ambitions are too modest.

With decisive actions, net zero energy is within reach in Emerging Europe and Central Asia, says new World Bank report

IntelliNews Press Release Service February 22, 2024

A new World Bank report released today lays out pathways for countries in the emerging Europe and Central Asia region to make the shift towards renewable energy and reduce their fossil fuel dependence.

With decisive actions, net zero energy is within reach in the Emerging Europe and Central Asia, says new World Bank report

IntelliNews Press Release Service February 22, 2024

A new World Bank report released today lays out pathways for countries in the emerging Europe and Central Asia region to make the shift towards renewable energy and reduce their fossil fuel dependence.

Fusion another step closer?

by Roberta Harrington in Los Angeles February 21, 2024

Fusion, the holy grail of the energy transition, is closer than ever before. But it’s still unclear whether it can be commercialised in time to ward off the climate crisis.

Romania starts €200mn dredging operation at port used for Ukraine exports

Iulian Ernst in Bucharest February 21, 2024

Expanding capacity of Romania’s Constanta Port will help Ukrainian grain exporters bypass Poland, where farmers’ protests have erupted.

CEE losing competitiveness because of soaring wages and weak productivity growth

bne IntelliNews February 19, 2024

Unit labour costs have surged by 25% since 2020 – something not seen since the early 2000s, says Capital Economics

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