Category: Uncategorized

Cordia Romania, part of the Futureal Group, has acquired an 8,179 sqm land plot in Bucharest and has started construction on Centropolitan, a new residential development near Bucharest Mall and Alba Iulia Square. The land was purchased from Bog’Art Place and already has a valid building permit, allowing construction works to begin. The project will…

Romanian police have detained a 50-year-old Dutch citizen after he was caught in Bucharest transporting around 12 kilograms of a psychoactive substance known on the street market as the “zombie drug.” Officers from the Bucharest Organized Crime Combat Brigade, working with prosecutors from the Directorate for Investigating Organized Crime and Terrorism (DIICOT), said the man…

More than three-quarters (76%) of Romanians believe the country is heading in the wrong direction, while only 19% think it is moving in the right direction, according to a nationwide opinion poll conducted by CURS in January and cited by G4media.ro. If parliamentary elections were held next Sunday, AUR would rank first with 35% of…

Some 44% of Romanians believe that their country should join the Board of Peace proposed by US president Donald Trump, while 69% say president Nicușor Dan should have attended the World Economic Forum in Davos, according to an Avangarde poll conducted on January 22–23 and published by G4media.ro. Support for both positions is higher among…

The benchmarks set so far for the reform of the state owned enterprises (SOE) in Romania are two: initiating the selection procedures for the managing boards where some or all of the members operate under an interim status, by March 31, and initiating by August 31 the restructuring procedure (whatever this may be) for 3…

Romanian authorities have been trying for the last three years to purchase 12 hydrogen-powered trains, with financing provided under the Resilience Facility, according to Libertatea. The procurement procedure is in an advanced stage, the purchasing authority claims. By the end of 2024, three tenders had been cancelled, and only one bidder, Siemens, had submitted a…

Energy minister Bogdan Ivan, speaking on January 25, disclosed that he discussed with Eric Trump, president of the Trump Organisation, at the World Economic Forum in Davos. Minister Ivan claimed that the Organisation could develop the region’s largest AI factory in Romania, according to News.ro.  Eric Trump would be expected to make a private visit…

Romanian courier company Sameday sold its business in Hungary, its first foreign subsidiary, to Austrian Post, according to Economedia.ro. Austrian Post acquired 100% of Delivery Solutions, the Hungarian courier service provider operating under the Sameday Hungary brand. The acquisition includes the Sameday Hungary infrastructure, including approximately 1,100 easyboxes for parcels, thus doubling Express One Hungary’s…

At the request of the Romanian state as the main shareholder, the extraordinary shareholder meeting on February 12-13 at Nuclearelectrica (BVB: SNN) will vote on the final decision of the NuScale Small Modular Reactors (SMR) project, according to the company’s note to investors. According to a very rough estimate circulated in late 2024, the project…

Romania will install “thousands of kilometres of electric fencing” under a new programme run by the Environmental Fund Administration (AFM), with total funding of RON 24.28 million, the Ministry of Environment announced. The initiative is aimed at preventing conflicts between people and wildlife, particularly in communities where incidents involving brown bears are frequent. According to…