Category: Uncategorized
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Military reservist mobilization exercise to be held in Bucharest, Ilfov county in October
Romania’s Defense Ministry said it will hold a military reservist mobilization exercise in Bucharest and neighboring Ilfov county between October 5 and 12. The exercise, dubbed MOBEX Bucharest-Ilfov 26, will assess the population’s preparedness for national defense. Some reservists living in Bucharest and Ilfov will be required to report to designated military units on the…
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Winemaker Purcari reports lower sales and profit in H1
Bucharest Exchange-listed wine producer Purcari Wineries (BVB: WINE) reported its revenues dropped by 7% y/y to RON 182.2 million in the first half of the year, while its net profit shrank by 4% y/y to RON 15.1 million, according to the company’s half-year report. Victor Bostan, CEO and Founder of Purcari Wineries, blamed it on…
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Eurowind Energy Romania secures grid approvals for 2.3 GW of renewable projects
Eurowind Energy Romania has obtained Technical Connection Approvals for 2,307 MW of renewable energy capacity, covering wind, photovoltaic and battery storage projects, as it advances a development pipeline of approximately 7.5 GW, the company said in a press release quoted by Economica.net. The approvals, obtained in June 2026, cover seven projects across Constanța, Prahova, Botoșani,…
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Romania’s maize and sunflower crops forecast to rebound strongly in 2026/27
Romania’s maize production is forecast to rise by about 20% to 8.67mn tonnes in the 2026/27 season, while sunflower output could increase by approximately 64% to 3.06 million tonnes, according to an independent crop assessment by agribusiness data and market analysis provider AgriPortal, quoted by Economica.net. The estimates follow a field assessment conducted from August…
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Romanian unions ask for 15% hike in minimum statutory wage in January 2027
The representatives of the Romanian trade union federations, after meetings with interim labour minister Dragos Pislaru, demanded the unblocking of collective negotiations and a further increase in the minimum wage next January. The trade unions asked for a 15% hike of the minimum statutory gross wage to RON 5,000 after the 7.4% increase this July. …
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Romanian president refers Decarbonisation Law amendments breaching RRF to Constitutional Court
Romanian president Nicușor Dan has referred amendments to the Decarbonisation Law to the Constitutional Court, warning of risks to the environment and to the implementation of milestone 114 under the National Recovery and Resilience Plan (PNRR), according to a Presidency statement on August 26. The dispute could also affect EU funding linked to the reform.…
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Romanian president announces failure of Wage Law mediation, announces renewed attempt
Romanian president Nicușor Dan announced the temporary failure of the negotiations on the public sector Wage Law on the evening of August 26, stressing that he had been mediating discussions between PSD, PNL, USR and UDMR since May. Romania was supposed to legislate the Wage Law for the budgetary sector by the end of August,…
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Bucharest mayor considers higher heating tariffs this winter
Bucharest mayor Ciprian Ciucu is considering raising the heating tariff paid by residents this winter as the municipal district heating company Termoenergetica faces financial difficulties and the city’s heating system continues to operate below capacity. Ciucu said the tariff paid by households has not increased since 2022 and remains among the lowest in Romania. The…
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Romania receives first EUR 2.5 bln payment under EU’s SAFE defense instrument
Romania received a first payment of EUR 2.5 billion under the European Union’s Security Action for Europe (SAFE) defense instrument, the European Commission and the Romanian government announced. The pre-financing represents 15% of the country’s total EUR 16.68 billion allocation. The funds will be used to begin developing production capacities in Romania and secure orders…
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Via Carpatia: 3,000 km unified road network project to cross seven CEE countries, including Romania
Via Carpatia, a new international road corridor that will cross seven countries in Central and Eastern Europe, starting from the city of Klaipėda, Lithuania, and reaching Thessaloniki, Greece, is currently being built and connected, according to Greek publication Caradmotor. The same network will pass through Romania. Major road infrastructure projects have been at the center…