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Russia declared a Romanian Embassy employee in Moscow persona non grata on Thursday, August 27, stating that this is a retaliatory measure in response to a similar decision previously taken by the Romanian side. “On August 27, Liliana Burda, Romania’s chargé d’affaires in Russia, was summoned to the State Protocol Department of the Russian Foreign…

The first edition of the Cazino Music Festival will take place at Constanța Casino this fall, between September 12 and November 22. The program will bring international musicians and ensembles to the Black Sea city for 11 consecutive weekends. Held under the artistic direction of Ioan Holender, who led the Vienna State Opera for almost…

Around 56% of Ukrainians think Romania is a friendly country, a higher percentage than for the United States (54%) and Poland (50%), according to Kyiv-based survey company Rating Group. According to the survey data, which was published on the group’s website, the most friendly countries, in the opinion of Ukrainians, are the United Kingdom (80%),…

Romanian real estate investment and development company Global Vision acquired the former Alpha Bank headquarters in Bucharest’s Charles de Gaulle-Dorobanți area. The share-deal transaction covers two office towers with a combined built area of more than 10,000 square meters. Global Vision said the investment was worth several tens of millions of euros, without disclosing an…

Florin Talpeș, founder and CEO of IT security solutions provider Bitdefender, the largest local software producer, recently met with interim deputy prime minister Oana Gheorghiu for a discussion in the context of recent cyberattacks on state institutions, according to information from Profit.ro. The meeting took place at Bitdefender’s headquarters, and Gheorghiu was eager to hear…

The aggregated profits of Romanian banks increased by 5.5% y/y to RON 3.9 billion (EUR 748 million) in Q2, after the 9.3% y/y decline in Q1 – resulting in a marginal nominal drop of 1.9% y/y (to RON 7.3 billion or EUR 1.4 billion) for the entire first half of the year. The profitability ratios…

Romania’s Defense Ministry said it will hold a military reservist mobilization exercise in Bucharest and neighboring Ilfov county between October 5 and 12. The exercise, dubbed MOBEX Bucharest-Ilfov 26, will assess the population’s preparedness for national defense. Some reservists living in Bucharest and Ilfov will be required to report to designated military units on the…

 Bucharest Exchange-listed wine producer Purcari Wineries (BVB: WINE) reported its revenues dropped by 7% y/y to RON 182.2 million in the first half of the year, while its net profit shrank by 4% y/y to RON 15.1 million, according to the company’s half-year report. Victor Bostan, CEO and Founder of Purcari Wineries, blamed it on…

Eurowind Energy Romania has obtained Technical Connection Approvals for 2,307 MW of renewable energy capacity, covering wind, photovoltaic and battery storage projects, as it advances a development pipeline of approximately 7.5 GW, the company said in a press release quoted by Economica.net. The approvals, obtained in June 2026, cover seven projects across Constanța, Prahova, Botoșani,…

Romania’s maize production is forecast to rise by about 20% to 8.67mn tonnes in the 2026/27 season, while sunflower output could increase by approximately 64% to 3.06 million tonnes, according to an independent crop assessment by agribusiness data and market analysis provider AgriPortal, quoted by Economica.net. The estimates follow a field assessment conducted from August…