Romania

A collection of 197 posts

Czechia stars on Deloitte CEE Tech 'Fast 50'

Czechia stars on Deloitte CEE Tech 'Fast 50'

Central and Eastern Europe (CEE) is emerging as a hub for innovation and growth with the achievements of its fastest-growing technology companies, according to the Deloitte Technology Fast 50 Central Europe 2024 report. The global auditor’s annual report, now in its 25th year, ranks the 50 fastest-growing public or

As EU probes TikTok, precedent-setting Romania announces date for election rerun

As EU probes TikTok, precedent-setting Romania announces date for election rerun

Romania’s government has approved a repeat presidential election in May after institutional chaos and controversy saw the ballot in November annulled. The rerun vote is scheduled for 4 May and – if no candidate secures a simple majority – another will be held on 18 May. Romania’s Constitutional Court on

What Trump presidency means for CEE

What Trump presidency means for CEE

US President Donald Trump’s inauguration ceremony on Monday, 20 January, broke with tradition and extended invitations to political leaders. However, footage of former Poland prime minister Mateusz Morawiecki attempting to cross a barricade into the ceremony site by showing US National Guard members his Wikipedia page, which went viral

Romania leads CEE for EV adoption

Romania leads CEE for EV adoption

Electric vehicle (EV) adoption across Central and Eastern Europe (CEE) remains uneven, with significant variations between countries in the region, according to new data from the European Environment Agency (EEA). Adoption rates in CEE lag behind Western Europe: the Western Balkans, for example, has just 1,540 public EV charging

OTP wins big at CEE bank of the year awards

OTP wins big at CEE bank of the year awards

Hungarian banking group OTP’s subsidiaries in Albania, Bulgaria, Hungary and Slovenia were ranked as the best banks in their respective countries at the Bank of the Year 2024 Awards organised by The Banker magazine. The UK-based outlet, part of the Financial Times Group, said it chose the winning banks

RegioJet CEE’s best rail operator - T&E report

RegioJet CEE’s best rail operator - T&E report

Czechia’s RegioJet is the top-performing rail operator in Central and Eastern Europe (CEE) for cost and quality, according to the latest report of the European Federation for Transport and Environment, or Transport & Environment (T&E). In the report T&E, an umbrella organisation for green and

Bulgaria, Romania to join Schengen free travel area

Bulgaria, Romania to join Schengen free travel area

Romania and Bulgaria are set to become full members of the Schengen Area on 1 January, a significant milestone in their integration into the borderless zone. This represents the destination of a journey that began in 2011 when the European Commission (EC) first adjudged both countries as ready to join,

Poland leads CEE on media subscriptions - Reuters institute report

Poland leads CEE on media subscriptions - Reuters institute report

Digital news consumption in Central and Eastern Europe (CEE) is transforming, driven by evolving audience habits, technology adoption, and growing mistrust in traditional media, according to Reuters Digital News Report 2024. Internet penetration and smartphone usage have enabled a rapid shift online, but challenges related to declining trust in news

FDI paints rosier picture for Poland, Romania - OECD report

FDI paints rosier picture for Poland, Romania - OECD report

Central and Eastern European (CEE) countries are still navigating post-pandemic economic challenges amid newer geopolitical tensions, according to the Economic Outlook December 2024 report from the Organisation for Economic Co-operation and Development (OECD). Inflationary pressures, labour shortages, and weakened demand from key European markets, most notably Germany, are affecting industrial

Romania voids Russia-linked presidential ballot

Romania voids Russia-linked presidential ballot

Romania’s Constitutional Court (CCR) annulled the country’s presidential election on Friday, 6 December after the emergence of evidence of Russian interference in the lead-up to the first-round vote late last month. Pro-Russian ultranationalist candidate and political newcomer Calin Georgescu unexpectedly won the first round of voting on 24

Romanian ruling party wins House elections to stem political crisis

Romanian ruling party wins House elections to stem political crisis

Romania’s ruling centre-left party came first in parliamentary elections, according to preliminary results, one week after the surprise victory of a far-right, anti-NATO presidential candidate in the first-round ballot. With 96.4% of votes counted, the ruling Social Democratic party (PSD) had 22.5% of the votes to the

Populist surge in Romanian presidential election sees PM humbled

Populist surge in Romanian presidential election sees PM humbled

Romania’s presidential election race delivered a shock result on Sunday, 24 November, as far-right, pro-Russia independent Calin Georgescu won the first round with 22.9% support, with 97.48% of the votes counted. The positive result for Georgescu defied exit polls – and has rocked the country – after the relative

CEE secures EUR 1.4bn in AI funding in 2023-24

CEE secures EUR 1.4bn in AI funding in 2023-24

Central and Eastern Europe (CEE) is a rising force in artificial intelligence (AI) and startups in the region raised EUR 1.4bn in funding between 2023 and 2024, The Recursive writes in its second report entitled “The State of AI in CEE 2024”. Despite a less-than-perfect global funding environment, geopolitical