Category: Uncategorized
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Council of Europe recommends that Romania implement system to monitor racist, anti-LGBTI incidents
Council of Europe, a continent-wide humanitarian organization, recommends that Romania put in place a national system of monitoring racist and anti-LGBTI incidents in schools. The recommendations come as the Council of Europe’s anti-racism body, the European Commission against Racism and Intolerance, published several reports, including on Romania, regarding policies and practices to prevent and combat…
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France restates commitment to defend Romania after US decreases military presence
France’s minister for armed forces and veterans, Catherine Vautrin, declared on Thursday, October 30, during a press conference, that the French troops in Romania will not be downsized. The French minister was in Romania to meet with Romanian counterpart Ionuț Moșteanu. The two officials analyzed the security situation in the Black Sea region, France’s contribution…
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Greenpeace maps oil and fuel pollution in the Romanian waters of the Black Sea
On the International Black Sea Day – October 31, Greenpeace Romania, in partnership with SkyTruth, launched an interactive satellite-based map showing the scale of oil and fuel pollution in the Romanian waters of the Black Sea. Between April 29, 2022, and September 11, 2025, the analysis identified 226 oil and fuel slicks on the sea’s…
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Romanian gambling authority bans Polymarket platform
The National Office for Gambling (ONJN) has added the Polymarket platform to its blacklist of unlicensed gambling operators in Romania, Ziarul Financiar announced. The decision follows a sharp increase in the platform’s activity during the recent election period. According to data published by Polymarket, total transaction volumes related to Romania’s presidential elections exceeded USD 600…
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UMB Steel continues restoration of 220-year-old Oțelu Roșu steel plant in Romania
UMB Steel, a company controlled by the family of Romanian entrepreneur Dorinel Umbrărescu, has launched renovation works at the Oțelu Roșu steel plant in Caraș-Severin County, Profit.ro reported. The facility, one of the oldest industrial sites in Romania with a history of more than 220 years, was acquired by UMB Steel in December 2024 for…
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Romania’s Grup EM targets Bucharest Exchange listing after partly successful IPO
Grup EM, a Romanian holding active in the field of energy infrastructure with Electromontaj among its subsidiaries, announced its firm intention to list its shares on the AeRO market of the Bucharest Stock Exchange despite failing to meet the 10% free float following the IPO completed recently, Ziarul Financiar announced. The company’s capitalisation at the…
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OMV Petrom posts mixed 9M results
OMV Petrom (BVB: SNP), the largest company listed on the Bucharest Stock Exchange and the main oil and gas producer in Romania, recorded mixed results in the first nine months of 2025, with revenues slightly increasing but profits declining compared to the previous year, according to a research note of Tradeville brokerage house published by…
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EBRD becomes shareholder of Romanian cold cuts producer Cris-Tim following successful IPO
Romanian cold cuts and ready-made meals producer Cris-Tim Family Holding (BVB: CFH) announced the allocation of the shares put up for sale under the IPO at Bucharest Exchange, and the company’s CEO Radu Timis Jr. announced that a broad range of institutional investors, including the European Bank for Reconstruction and Development (EBRD), became shareholders. “Cris-Tim…
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Romania agrees to sell separately core assets of Liberty Galati steel mill
The government of Romania, the main creditor of the integrated steel mill Liberty Galati, part of the Liberty Steel group but currently under pre-insolvency procedure, agreed with the sale of the company’s core assets separately, according to Ziarul Financiar, citing the independent manager of the company set under the pre-insolvency procedure, Remus Borza. The executive…
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Shell and PKN Orlen reportedly interested in Lukoil’s Romanian assets
There are several contenders for Lukoil’s Petrotel refinery in Romania, including Shell and Orlen, according to Valeri Andrianov, a senior lecturer at the Financial University, an institution subordinate to the government of Russia, cited by Economica.net in the context of the Russian company announcing its decision to sell its foreign assets following the US sanctions.…