Category: Uncategorized

Romania’s Interior Ministry announced on Thursday, August 6, that the platform WorkinRomania.gov.ro is now up and running, simplifying the process of hiring foreign workers. The platform aims to make it easier for immigrant workers to enter the domestic labor market. Among its benefits is the facilitation of the relationship between the employer and the future…

The European Investment Bank (EIB) is lending EUR 100 million to the leasing subsidiary of BRD Groupe Société Générale to expand financing for businesses in Romania.  The goal is to facilitate financing for Romanian SMEs and Mid-Caps, which face greater hurdles in accessing long-term funding than their counterparts in many other European Union countries, EIB…

A Romanian citizen accused of espionage has been arrested in Germany, based on a warrant issued by the Federal Court of Justice in Rheine, according to the Ministry of Foreign Affairs. “The German authorities have executed an arrest warrant issued by the Federal Court of Justice in Rheine (North Rhine-Westphalia), under which a Romanian citizen…

The Full Moon Horror and Fantastic Film Festival, presented by the Transilvania International Film Festival, returns to Biertan for its 11th edition, bringing three days and three nights of premieres, cult films and open-air screenings. The festival opens with the Romanian premiere of The Carpenter’s Son, starring Nicolas Cage. Another highlight of this year’s edition…

The largest bank in Romania, Banca Transilvania, announced that it will finance the development of the Eco Sun Niculești photovoltaic park, Entek Elektrik’s first investment in local green energy production, with EUR 71.4 million. It is one of the largest bilateral financings granted to a photovoltaic project under development in the country. Once completed, the…

In Romania, the sector of healthcare services is expected to attract the highest level of investor interest in 2026, followed by energy, utilities & recycling, a sector that has climbed sharply in private equity funds’ rankings of preferred investment areas, the Roland Berger European Private Equity Outlook 2026 shows.   These preferences reflect local funds’…

Romania’s High Court of Cassation and Justice decided on Thursday, 6 August, that the trial in which far-right former presidential candidate Călin Georgescu and mercenary leader Horațiu Potra, along with 20 other defendants, were accused of actions against the constitutional order may begin.  As part of the ruling, the Court rejected the appeals filed both…

The European Commission (EC) argues that Romania has not demonstrated that meeting the decarbonisation targets would put its power security at risk and furthermore warns that the targets set under the Resilience Facility can no longer be revised due to the short time left until the scheme expires, according to Profit.ro. Romania’s power grid operator…

Romania’s National Liberal Party (PNL) and Save Romania Union (USR) have referred the recently adopted Integrity Law to the Constitutional Court (CCR), arguing that one of its key provisions violates the constitutional principle prohibiting the retroactive application of legislation, Ziarul Financiar reported. The law is a milestone under Romania’s National Recovery and Resilience Plan (PNRR).…

Romania’s state-controlled gas transmission operator Transgaz signed a memorandum of understanding (MoU) with US-based Argent LNG on August 6 to explore a potential strategic equity investment in the developer of a liquefied natural gas (LNG) export terminal in Port Fourchon, Louisiana, according to Bursa. Argent LNG is developing an export terminal at Port Fourchon with…