Category: Uncategorized

Romania is attempting to increase the flow through one of the Danube’s channels by eliminating a natural obstacle (a large rock) and obstructing another channel through controlled sinking of ships, with the final aim of keeping the Cernavoda nuclear power plant open as long as possible. Initially scheduled for full closure amid low Danube water…

The Romanian 19-station fuel distribution chain indirectly owned by Serbia’s NIS, which is in turn controlled by Russian group Gazprom, has been sold, according to a NIS financial report cited by Economica.net. The identity of the buyer was not disclosed, but Gazprom has recently reached an agreement to sell NIS to Hungarian group MOL. “During…

In a broad statement on Fitch’s sovereign rating decision on July 31, Romania’s president Nicusor Dan unexpectedly announced that the broad political agreement on key national priorities included the adoption of the euro as national currency. Romania’s centrist parties failed to agree on a new government after the Social Democrats’ partly failed attempt to overthrow…

International rating agency Fitch on July 31 maintained its BBB- sovereign rating with a negative outlook for Romania, but only after the country “appealed and provided additional information to Fitch that resulted in a rating action that is different than the original rating committee outcome.” The nature of the additional information was not disclosed, but…

Romanian president Nicusor Dan said the broad political agreement on key national priorities remains valid after the Parliament approved key reforms under the National Recovery and Resilience Plan (PNRR), but gave no indication of progress in talks to form a new government, G4media.ro reported. Romania has been without a fully empowered government since May 5,…

Romania’s steel mill Liberty Galati will be offered for sale through direct negotiations after two international auctions failed to attract a buyer, with three potential investors now expressing interest in the troubled former Sidex plant. “Three investors are interested: Umbrărescu, Metinvest, and Jindal. We are waiting for the new evaluation made by Darian; we will…

In mid-August, Alba Iulia will host the 13th edition of the Roman Apulum Festival, set to gather approximately 300 historical reenactors. Held under the theme ‘Under the Sign of the Eagle,’ the event will feature Roman military demonstrations, battle reenactments between Dacians and Romans, gladiator fights, Roman games, and a reconstructed slave market, Alba24.ro reported.…

The Bucharest City Hall (PMB) announced that starting Friday, July 31, until October, free kayak and canoe rides will be possible on the river Dâmbovița. “From today until October, free kayaking and canoeing are possible. No reservation is required,” the municipality’s invitation reads. Six boats are available: two two-seater kayaks and four four-seater canoes. The…

Romania finished the European Rowing Championships in Varese, Italy, at the top of the medal table after winning eight medals, including six golds. The Romanian delegation also secured one silver and one bronze, according to the Romanian Rowing Federation. Two of Romania’s gold medals came in the women’s and men’s pairs. Simona Radiș and Adriana…

Metrorex, the operator of the Bucharest subway, announced it would replace 15 kilometers of rail track as part of efforts to modernize its rail infrastructure. The works will be carried out at night to avoid disrupting the metro service, it said. A shipment of approximately 850 tonnes of new rail will be transported to the…