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Despite the economic challenges of the COVID-19 pandemic, IFC ramped up support for Romanian companies with a record investment of $429 million in FY 2021—between July 2020 and June 2021—to protect jobs, save small businesses, and…

Florin Citu is the new chairman of the National Liberal Party, after winning the top seat at the party Congress on Saturday with 2,878 ballots cast for him. The former chairman Ludovic Orban obtained 1,898 votes. "This vote honors…

President Klaus Iohannis has announced he will attend the Congress electing the chairman of the National Liberal Party (PNL) on Saturday. He voiced his support for PM Florin Citu to win the internal competition for the top leadership seat…

Vestra, the first cluster specializing in the utilities and industrial automation industry, has invested 180,000 euros in the cash flow analysis and planning platform, ThinkOut, which provides support to companies in managing and monitoring…

Garanti BBVA Leasing, part of Garanti BBVA Group Romania, has signed a loan agreement of EUR 10 million with the International Finance Corporation (IFC), member of World Bank Group, aiming to support SMEs affected by the pandemic. This…

Telekom Romania announces the launch of the chatbot ANA, a virtual assistant that has the role of automating the management flows of internal human resources activities and providing "self-service" support for employees. The chatbot was…

Nearly 100 buildings across 55 schools in Romania will be upgraded to meet modern standards for safety, resilience, inclusion, sustainability and digital access as part of a new, €100 million Safer, Inclusive, and Sustainable Schools…

Moldovan President, Maia Sandu paid an official visit to Romania, meeting with her Romanian counterpart, Klaus Iohannis and with the Romanian PM Florin Citu on Tuesday. President Iohannis underscored that Romania remains the main partner of…

The European Investment Bank has agreed a new EUR 24 million loan to enhance research, academic and student facilities at the "Carol Davila" University of Medicine and Pharmacy in Bucharest. This is part of the EIB’s EUR 100 million higher…

EIB and EIF working with leading Romanian banks to strengthen COVID-19 economic resilience EIB streamlined university investment scheme already backing investment at Cluj Technical University and Bucharest Medical University…