Category: Uncategorized

Romanian natural gas producer Romgaz (BVB: SNG) launched a EUR 500 million bond with a maturity of six years and a fixed coupon on October 28. This is Romgaz’s second exit on the external capital markets, after the success of the previous EUR 500 million issue, with a five-year maturity,  in October 2024. Both bonds…

European Commissioner for Economy and Productivity Valdis Dombrovskis said in Bucharest on October 28 that Romania must adhere to its fiscal consolidation trajectory to ensure market stability and continued access to European funds. He spoke alongside Romanian Prime Minister Ilie Bolojan at a joint press conference. “The scope and nature of the measures taken correspond…

Prime minister Ilie Bolojan has proposed Oana Gheorghiu, co-founder of the Dăruiește Viață Association, for the position of deputy prime minister, according to a government statement released on Tuesday, October 28. The nomination has been formally submitted to president Nicușor Dan for approval. Oana Gheorghiu is best known for co-founding Dăruiește Viață, a non-profit that…

The Romanian Senate adopted a draft law that automatically extends provisional protection orders and increases penalties for violating them on Monday, October 27. A total of 120 votes were recorded in favor. The bill extends provisional protection until the resolution in the first instance of the request for it, amending Law no. 217/2003 on preventing…

BraveX Aero, a Romanian manufacturer of fixed-wing, long-range drones, announced on Tuesday, October 28, the signing of a strategic partnership with Germany’s Uniq Things UG, a technology company specializing in autonomous coordination and software for drone swarms. The technology allows for the simultaneous deployment of multiple drones, contributing to increased information and response capabilities for…

The medieval citadel of Sighişoara, in central Romania, will host the first edition of the “Halloween in the Citadel” festival. The event will take place this weekend, between October 31 and November 2. The entire city center will be decorated in the spirit of Halloween with the ocassion. The towers and historic houses inside the…

Romania ranks among the European Union countries with the highest share of people living in severely inadequate housing, according to new data compiled by Monitorul Social, a project of the Friedrich-Ebert-Stiftung Romania, based on Eurostat figures for 2023–2024. The report showed that 9.6% of Romania’s population lives in conditions classified as “severe housing deprivation,” meaning…

Haier Tech Europe is selling its manufacturing plant near Ploiești, in Romania’s Prahova county, as part of a broader restructuring of its European production network. The company has appointed real estate consultancy Colliers as the exclusive consultant for the transaction. The decision follows Haier’s recent strategic review, which led to the discontinuation of operations at…

DAAS Epta Romania, part of the Epta Group, has opened a new training center in Ploiești dedicated to refrigeration technicians, following an investment of more than EUR 500,000. The facility, located at the company’s headquarters, is the first of its kind established by a private company in Romania’s refrigeration industry, the company said. The DAAS…

Romanian agricultural company Agroserv Măriuța, owner of the Lăptăria cu Caimac brand, announced the launch of a private placement for a new corporate bond issue with a value of up to EUR 3 million on Tuesday, October 28. Denominated in euros, the bonds will have a nominal value of EUR 100 each, a fixed annual…