Category: Uncategorized

JT Grup Oil (BVB: JTG), which will put its Black Sea petroleum products terminal into operation in October, obtained the construction permit for a new petroleum products terminal on the Danube in the port of Tișovița – Dubova, in the Orșova area, in Mehedinți county, Profit.ro reported. The company has just completed technological tests for…

Romania’s power grid operator Transelectrica announced that it is operating the National Power System SEN under some of the most difficult conditions in recent years, amid the severe drought affecting Romania and the entire region.  The company reports that although the system is under high operational stress, there is currently no risk of a major…

ING Bank, in a research update, pictures a quite optimistic macroeconomic scenario with growth rebounding to 2.3% next year from a 0.5% contraction in 2026, fiscal consolidation in line with plans this year and “reasonable chances” of close to full Resilience Facility money absorption despite implementation risks. However, the bank’s analysts caution that the 2026…

Official and informal discussions between President Nicușor Dan and the leaders of the Social Democrat Party PSD, the National Liberal Party PNL, the Save Romanian Union USR, and the Democratic Union of Hungarians in Romania UDMR regarding the formation of a new executive will resume next week, according to sources familiar with the negotiations consulted…

The Museum of Modern Art (MoMA) will present next month the first complete North American retrospective of Romanian filmmaker Andrei Ujică, described as “one of contemporary cinema’s finest film essayists.” Highlights of the program, which runs from September 11 to September 16, include the filmmaker presenting a work-in-progress excerpt from his latest film, Matches and…

Bucharest City Hall said that it introduced a package of 25 measures to reduce electricity consumption during Romania’s ongoing energy crisis, including dimming public lighting, restricting the charging of electric buses, and switching off ornamental and advertising lights. The measures will apply particularly during the critical 8 p.m.-11 p.m. period, with some restrictions extending throughout…

The sustainability of Romania’s fiscal consolidation path, the still high budgetary deficit, and persistent macroeconomic imbalances remain key areas of concern, AmCham Romania has warned. The recent decision by Fitch to maintain the country’s investment-grade rating at BBB- highlights vulnerabilities in the Romanian economy that remain unaddressed. The organization pointed to the causes of Romania’s…

Wolt announced that it launched its Split Payments feature in Romania, allowing customers placing group orders to pay individually for their own items directly through the app. The feature went live at the end of July and is set to be rolled out to other markets in the coming period. Previously, group orders required one…

Demand for industrial and logistics space in Romania increased by 11% year-on-year in the first half of 2026, reaching 569,000 sqm, according to a report by real estate consultancy Cushman & Wakefield Echinox. Leasing activity accelerated particularly in the second quarter, when around 329,000 sqm was transacted. New demand accounted for 58% of the total…

Concelex, a leading Romanian construction company, will design and carry out the reinforcement, rehabilitation and modernization works for the building at 1 Schitu Măgureanu Street, which houses the “Lucia Sturdza Bulandra” Municipal Theatre and premises belonging to the University of Bucharest. Listed under seismic risk class I (RsI), the building is managed by the Municipal…