Romanian-born Druid AI raises USD 31 million for agentic AI platform growth, appoints Joseph Kim as CEO

Druid AI today announced it has secured USD 31 million in Series C financing to advance the global expansion of its enterprise-ready agentic AI platform under the leadership of its new CEO, Joseph Kim. The investment was led by Cipio Partners,...

Moldova launches new stock exchange with support from Bucharest bourse

A memorandum establishing a new stock exchange in Moldova was signed on September 16 in Chișinău, with the Bucharest Stock Exchange (BVB) set to play a key role as shareholder and technology partner. At the launch event, Prime Minister Dorin...

Kaduna Secures $120m Deal With Romania For Irrigation, Greenhouse Farming Project

The Kaduna State Government has signed a memorandum of understanding with the African Industries Group, based in Bucharest, Romania, to revolutionise irrigation farming in Gurara and establish a cutting-edge greenhouse project. Governor Uba Sani,...

Albanians Improve in Financial Literacy

Inflation is often used as a measure of the population's economic knowledge. Accurate knowledge of the term is widely seen as a better approach to savings, investments, and other decisions related to personal finances. A survey by the Austrian...

Moldova Very Much Open for Business

marked the official opening of Moldova Business Week 2025 (MBW25), the 10th edition of the country’s largest economic forum, which gathered more than 700 participants on site. The week-long agenda (15–19 September) features over 30 events bringing...

Aviation economist warns of EES disruption as countries announce rollouts

Long wait times and traffic disruptions remain a concern, especially at airports that have to deal with more complexities. Airports in Athens, Bucharest and Milan Malpensa will be the most susceptible to disruption when the EES finally kicks in,...

Trump Tells Australian Journalist To ‘Be Quiet’ Over Question On Business Dealings As President, Conflict Of Interest

United States President Donald Trump on Tuesday told an Australian journalist to “be quiet” after being pressed about whether he was enriching himself while in office. According to The Daily Beast, the exchange occurred during a press briefing at...

Romanian startup DRUID AI raises €26 million to accelerate agentic AI platform growth under new CEO

Bucharest-based DRUID AI today announced it has secured €26 million in Series C financing to advance the global expansion of its enterprise-ready agentic AI platform under the leadership of its new CEO, Joseph Kim. The strategic investment – which...

Romania's wage growth eroded by inflation in July

Romanian households' purchasing power has deteriorated in July, both as a result of slower nominal advance (+5.2% y/y, the weakest in four years) but also because of a sharp rise in inflation (7.68% y/y) following the VAT rate hike, according to...

Romanian PM reportedly opposes further extension of food price capping mechanism

Romania’s prime minister Ilie Bolojan reportedly opposes the idea of further prolonging the price-capping mechanism introduced in August 2023 and repeatedly extended so far, according to Ziarul Financiar. Ambiguous statements over the weekend...

Romania in talks with Ukraine for joint drone production, minister says

Romania is currently discussing with Ukraine the possibility of developing joint drone production projects, according to defense minister Ionuț Moșteanu. Drones have been at the forefront of the war between Ukraine and Russia, used by both sides...

Moldovan parliament speaker inspects construction site of Union Highway, due to connect Moldova with Romania

Romania is an example for Moldova in how it has succeeded in attracting European funds and turning them into visible projects. Parliament Speaker Igor Grosu has made statements to this effect, who visited the Turbion-type road junction in Romania,...

Latest as Russia and Ukraine Trade Drone Attacks

UKRAINE – As the Russia and Ukraine war persists with no end in sight, both nations on Tuesday claimed to have intercepted each other’s drones. According to Ukraine’s air force, Russia launched 113 drones, approximately 70 of which were Shahed...

Motions and protests in Bucharest

The fiscal-budgetary measures undertaken by the Bucharest Government continue to trigger motions and protests. photo: www.senat.ro Leyla Cheamil, 16.09.2025, 14:00 The Bucharest Senate rejected, on Monday, the simple motion filed by the populist...

Romania’s cancelled 2024 presidential elections influenced by Russia, general prosecutor says

The presidential elections held in November 2024 in Romania were influenced by a large-scale hybrid war orchestrated by Russia before they were cancelled, according to general prosecutor Alex Florența. Romania’s presidential election was annulled...

PHOTO // Mobile intervention company launched in central Moldova city

The second Mobile Intervention Company in Moldova today was inaugurated in Ungheni, as part of the 1st Carabineers Regiment Mihai Viteazul, under the Center Regional Directorate. The new company is ready to immediately respond to emergency...

Strabag installing 140MW wind farm in Romania

Strabag Romania reached a key milestone on the Deleni Wind Farm, one of the country’s largest renewable energy projects. A wind turbine tower and rotar blades lay near a foundation, ready for assembly in Romania. Image: Strabag Acting as general...

What CEOs think about the SEC ‘prioritizing’ Trump’s plan to end quarterly reporting for public companies

Good morning. Quarterly earnings reports are a headache. There’s the hassle of getting the 10-Q together, updating financial data that may or may not be indicative of a company’s long-term potential or financial health. Analysts pepper you with...

The Tour of Romania ended with a real cycling celebration in the center of the Capital

A caravan of 150 cyclists, 90 cars and 25 motorbikes covered 830 km at the Tour of Romania, the most important local cycling competition, organized between 10 and 14 September by the Romanian Cycling Federation, together with the National Agency...

Business News | Portal 2030-2050 in Moscow: Electronic Music Stars, Light Shows Until Dawn and a 14-Meter Cosmonaut

VMPL New Delhi [India], September 16: From August 29 to September 14, Moscow is hosting Portal 2030-2050 for the second time -- one of the largest events in the world of electronic music. This year, 110 DJs from 13 countries are taking part,...