Category: Uncategorized
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Raiffeisen Bank Romania issues new EUR 500 million eurobonds
The Romanian branch of Austria’s Raiffeisen Bank placed its first ‘benchmark’ eurobond issue with a total nominal value of EUR 500 million, in what it said was a landmark transaction for the Central and Eastern Europe capital markets. The bank’s eligible non-preferred senior eurobonds were subscribed at a fixed coupon of 4.136% p.a. for the…
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Traffic at Bucharest airports hits record level in 2025
Bucharest’s two airports recorded a historic surge in air traffic in 2025, handling a record 17.7 million passengers, up 10.26% compared with the previous year, according to figures released by the Bucharest Airports Company (CNAB). The Henri Coandă International Airport, also known as Otopeni Airport, accounted for the vast majority of traffic, with just over…
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Romania’s minimum basket for a decent living up 9% YoY in September 2025
The value of the minimum consumption basket for a decent standard of living in Romania increased by 9% in September 2025 compared to September 2024. The increase represents a RON 920 hike per month for a family made up of two adults with two children. As such, a family made up of two parents and…
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2026 season at Museum of Art of Romania: El Greco, masterpieces from local collections
Exhibitions dedicated to El Greco, Constantin Brâncuși, and masterpieces from Romanian museums are part of the program announced by the National Museum of Art of Romania (MNAR) for the 2026 season. “With the program it announced, MNAR continues, expands, and deepens the direction already set with the exhibition season that started in September 2025. Among…
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Romanian president and prime minister meet with NATO head in Europe to discuss Black Sea region
President Nicușor Dan and prime minister Ilie Bolojan met with Supreme Allied Commander Europe and Commander of the United States European Command, general Alexus G. Grynkewich, during his visit to Romania on Monday, January 19, to talk about defense on NATO’s eastern border. General Grynkewich saw president Dan to discuss the security challenges in the…
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Local police in Bucharest to start fining drivers who fail to pay for city-run parking spaces
Local police in Bucharest will begin fining drivers who fail to pay for parking spaces administered by the City Hall starting this week, mayor Ciprian Ciucu announced. He said the current parking system has been largely ineffective. In a post on social media, mayor Ciucu said that the municipality collects fees for an average of…
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In pictures: Northern lights return to Romania after strong solar activity
Strong solar activity created spectacular auroras in many parts of the world, including Romania, on the night of Monday to Tuesday, January 19 to 20. A level four [out of five] solar radiation storm, monitored by the US National Weather Service, caused the expanded aurora. The red-green lights could be seen in Canada and the…
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Construction begins on Dinamo Bucharest’s new stadium
Construction work has officially begun on the new stadium of Dinamo Bucharest, a long-awaited project valued at EUR 172 million that is scheduled for completion in 2028, Euronews Romania reported. Club officials announced that the first construction equipment entered the site in the Ștefan cel Mare area of Bucharest on Monday, January 19. “The big…
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Power and steam plant Midia at Rompetrol’s Romanian refinery is commissioned
The Midia gas-fired power plant, which supplies electricity and steam to the Petromidia platform operated by Romania’s largest refinery Rompetrol, owned by Kazakh group KazMunayGas through KMGI, was completed and is fully operational, Economedia.ro announced, citing Rompetrol group. The power plant was financed by the Kazakh-Romanian Energy Investment Fund (FIEKR), a fund set up by…
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Romanian Social Democrats again undecided on role in ruling coalition
Romania’s Social Democratic Party (PSD) has launched a new round of internal consultations on whether to remain part of the ruling coalition, senior party figure and Craiova mayor Lia Olguța Vasilescu said, according to Cursdeguvernare.ro. The debate over continued participation in government has become a recurring issue within the PSD. The party’s central leadership, led…