Ukraine | Romania Feed

More than 40 teams from Romania, Bulgaria, the Republic of Moldova, Ukraine, Serbia and Hungary have signed up for Startup Reaktor, an internationalization program through which they have access to pre-seed investments and the opportunity to expand into Western Europe and Scandinavia, the representatives of the program said in a statement.

DTEK Renewables International, the main private energy investor in Ukraine, bought a 49.38 MW photovoltaic park in Glodeni, Mures County in several stages. The park was a greenfield project built by Romanian-held Finas Invest Cluj-Napoca.

Only 10% of real estate companies in Romania expect decline in returns amid uncertainty regarding the evolution of the conflict in Ukraine, with players from Romania being the most optimistic in the region on this matter, according to the Deloitte Real Estate Confidence Survey for Central Europe 2023, conducted in three countries in the region, namely Poland, the Czech Republic and Romania.

The United Nations World Food Programme (WFP) is working with Uber Technologies Inc, a global mobility and delivery platform, to transport emergency assistance to people in need in urban areas across Ukraine through the use of a custom-built version of Uber’s platform.    With larger vehicles facing issues reaching those in need in built-up areas, […]

Just as the global economy started to move steadily towards recovery from the covid-19 pandemic, there was another major systemic shock. Russia’s invasion of Ukraine marked a tectonic shift in geopolitical risk levels. Beyond triggering a horrific humanitarian crisis in Eastern Europe, the economic effects of the conflict and the associated sanctions will be felt […]

More than two months after the start of the war in Ukraine, of Russia’s invasion of Ukraine on 24 February, prospects for a rapid resolution of the war seem increasingly unlikely. As sanctions against Russia continue to pile up, a return to the pre-war situation seems illusory, even in the event of an early end […]

Sebastian Burduja, a member of Romania’s Parliament and entrepreneur, announced today a newNFT collection to support the reconstruction of Ukraine. 100% of funds raised will be redirected to the official accounts opened by the Ukrainian government for the reconstruction of the country destroyed by the Russian invasion.    The collection includes 9 different NFTs, each representing a martyr city in […]

SAP SE (NYSE: SAP) today announces the creation of a dedicated recruitment onboarding program with the aim of matching refugees from Ukraine with vacancies across its network of global offices.     The initiative aims to attract, match, and retain qualified refugees from Ukraine with suitable job opportunities at SAP in Romania, Germany, Czechia, Hungary, Bulgaria, […]

More than 60% of entrepreneurs in the NextUp community say that their business and activity are directly or indirectly affected by the situation in Ukraine, which has generated higher prices and costs or blocked collaboration with external suppliers, according to an analysis by NextUp, one of the most important software manufacturer for scaling companies.   […]

Burlington English Romania, a leading company in the field of education, joins the efforts to support Ukrainian refugees and offers jobs for Ukrainian neighbors forced to find refuge away from home. Burlington English is hiring English teachers from Ukraine to teach conversational English online.    Through this initiative, Burlington English Romania aims to provide long-term […]

While markets are looking at wheat prices reaching the highest level in history, the conflict in Ukraine might start to brew a food crisis. Corn and sunflower seeds and oil are more concerning to Europe now. And the price rising in fertilizers and fuels like diesel is threatening farmers with higher costs for the agricultural […]

The car manufacturing industry worldwide is bracing for bigger issues following the Russia – Ukraine conflict. The globalization of production, with part of it being in the conflict region, is breaking up supply chains and is halting production of cars inside and outside Russia and Ukraine. Reports are foreseeing a worsening of the electronic chips […]

Wine producer Purcari, with vineyards and wineries in Romania and the Republic of Moldova, announced at the Bucharest Stock Exchange its activity has not been significantly disrupted by the crisis generated by the conflict in Ukraine and that it will continue to assess the financial impact, as well as the risks and uncertainties related to the war over its business activity.

The Bucharest National Opera joined the efforts to help the artists who are victims of the war on Ukrainian territory and, on March 4th, five ballerinas of Ukraine refugees in Romania have begun the study program.    Thus, they will study together with the ballet dancers and ballet masters of the Bucharest Opera, which will […]

The ease of rules related to the Coronavirus pandemic was making the airline industry look with optimism at 2022. But in the last week of February, the military conflict between Russia and Ukraine cast a big shadow over the travel and airline industry expectations for recovery. The sanctions imposed by the Western countries are already […]

The Alexandrion Group is strongly involved in supporting those affected by the war in Ukraine through a series of humanitarian actions developed through the Alexandrion Foundation. In order to increase the impact of these actions and to provide assistance to as many people directly affected by the crisis in Ukraine as possible, the Alexandrion Foundation […]

Iulian Nedea, CEO and one of the three founder of Simtel Team (SMTL.RO), says the General Shareholder Assembly will be convened soon to approve a capital increase meant to fund development projects and expansion in cities such as Cluj or Timisara, but also in countries such as Moldova, Bulgaria or Ukraine.