Modulab's robots are able to kill pathogenic microorganisms including COVID-19 using UV-C radiation.
Avast established its Romanian headquarters in the eastern city of Iasi, a popular destination for international tech companies.
After two and half decades as members of the EU, the leading four Central European countries of Czechia, Hungary, Poland and Romania are pulling ahead of their peers, but remain vulnerable thanks to their reliance on the automotive sector.
CEE economies have weathered the crisis better than their western peers, but a second wave threatens to stifle demand and add to political volatility.
The EU’s credibility was on the line as delegates met on October 1 in Brussels for a two-day summit to discuss a slew of headaches plaguing the Union.
Central and much of Southeast Europe have seen new COVID-19 cases soar amid autumn second wave.
The coronavirus pandemic has had a seismic effect on the real estate sector, and the office segment is no exception.
Exit polls and partial results show Save Romania Union and its ally Plus are heading for victory in local elections in several first-tier cities, as they become a major force in Romanian politics.
Fitch and Moody’s scheduled reviews of Romania’s creditworthiness this autumn, shortly after MPs backed 40% pension hike that could push budget deficit up to 11% of GDP.
Incredulity greets MPs’ decision to vote through massive pension increase that would have put unbearable pressure on Romania’s finances even before the coronavirus pandemic.
The Bucharest Stock Exchange was upgraded by FTSE Russell to the emerging market category and is pursuing a similar upgrade from MSCI.
Bell rings on Bucharest Stock Exchange's first session after elevation to emerging market status, opening up the Romanian capital market to funds with billions of euros under management.