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Networking, a live hacking event & more at this year's DefCamp cybersecurity conference in Bucharest

Networking, a live hacking event & more at this year's DefCamp cybersecurity conference in Bucharest
romania-insider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from romania-insider.com Daily Mail and Mail on Sunday newspapers.

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'Surreal dream': Romanian startup makes Wall Street splash


Surreal dream : Romanian startup makes Wall Street splash
Issued on:
29/04/2021 - 15:30
UiPath says its listing on the New York Stock Exchange, a first for a Romanian company, is the culmination of a surreal dream . Daniel MIHAILESCU AFP
4 min
Bucharest (AFP)
Born in the small Bucharest apartment of a once aspiring writer, software firm UiPath has grown into a $40 billion tech star after becoming Romania s first Wall Street-listed company.
Although Romania is often described as the Silicon Valley of Eastern Europe and the start-up scene is flourishing, no home-grown company has established itself on the global scene quite like this.
The first listing on the New York Stock Exchange of a company of Romanian origin was the culmination of a surreal dream , UiPath wrote on Twitter. ....

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'Surreal Dream': Romanian Startup Makes Wall Street Splash

'Surreal Dream': Romanian Startup Makes Wall Street Splash
ibtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibtimes.com Daily Mail and Mail on Sunday newspapers.

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Secretary of State Dragos Preda: "The construction of NGN backhaul infrastructure requires more than 2 billion Euros" – The Diplomat Bucharest


“We estimate that Romania’s goal of ensuring speeds of at least 30 Mbps for 80% of households by 2027 will require most of the public funding effort, both in supporting increased coverage and in encouraging the ‘adoption’ of new services,”
Dragos Preda, Secretary of State, Ministry of Transport, Infrastructure and Communication told The Diplomat-Bucharest.
“During the budget years 2021 – 2027, future developments of state-of-the-art (NGN) backbone and backhaul networks will be supported, either by launching new state aid programs or by taking additional measures that will encourage private investment in broadband infrastructure. It is estimated that the construction of NGN backhaul infrastructure currently exceeds 2 billion Euros, while 750 million Euros are needed to modernize existing networks in urban areas, and 1.25 billion Euros represent the financing needs to achieve NGN coverage in urban and rural areas.” ....

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