Category: Uncategorized
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Romania’s PM promises third package of measures this month
Romanian prime minister Ilie Bolojan, in a speech delivered on October 3, some 100 days after his government took office, assured that the local administration reform had been agreed upon by the ruling coalition and said he hoped to see the second package of budgetary reforms cleared by the Constitutional Court on October 8. A…
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Sibiu Jazz Competition and Festival return this November
The city of Sibiu, in Romania’s famous Transylvania region, will host two major jazz events next month — the Sibiu Jazz Competition and the 53rd Sibiu Jazz Festival. According to the organizers, the competition will take place on November 3–4, followed by the festival on November 5–9. Registration for the competition opened on September 27…
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Romania’s Social Democrats to hold internal elections soon
The Social Democratic Party (PSD) in Romania will hold its congress “as soon as possible,” said first vice president Daniel Băluţă on October 4, adding that the party’s interim president, Sorin Grindenau, would announce the precise calendar in the coming days, after the party’s summit. Băluţă, PSD’s likely candidate for the Bucharest mayor position, announced…
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Romanian telco Digi completes EUR 300 mln fiber network in Spain
Romanian telecommunications group Digi Communications (BSE: DIGI) announced that it has completed a EUR 300 million investment with Aberdeen Group to develop the fiber optic network in Spain, which is now covering 2.5 million homes, Economica.net reported. “The Company informs the market that on October 1, 2025, Digi Spain Telecom and the investment vehicle part…
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Romania keeps yields unchanged in October under Fidelis state bonds scheme for households
The Ministry of Finance announced that the yields to be paid under the October scheme Fidelis of state bonds dedicated to households, launched monthly by the Ministry of Finance and traded on the Bucharest Stock Exchange, are kept at the same levels as in September. A new maturity of three years for the bonds denominated…
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Romanian PM speaks of listing shares of CEC bank and Bucharest Airports
Selling additional stake in state-owned enterprises that are already listed or listing more state-owned companies are options under the government’s consideration, prime minister Ilie Bolojan said during his October 3 press conference, mentioning the state-owned bank CEC and the Bucharest Airports Company – CAB among the possible targets. Neither CEC nor CAB is listed. “In…
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Romania plans to boost storage facilities’ power to 2,000 MW by end-2026
Romania should boost the power of its electricity storage facilities to 2,000 MW by the end of next year, so as to smooth the imports experienced these days during peak consumption periods, minister of energy Bogdan Ivan stated, quoted by ProTV. The existing capacities increased from just 82 MW last October to 250 MW currently,…
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Romania seeks to defer closure of coal-fired power plants scheduled for year-end
The government of Romania seeks to get the European Commission’s permit for keeping in operation several of the coal-fired power units that it promised to close by the end of this year. The gas-fired units and the PV parks envisaged to replace them have not been completed amid a lack of interest from the contractors…
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Suspect detained in Romania for making homemade explosives, planning terrorist attack
Romanian prosecutors have detained a 33-year-old man suspected of preparing a terrorist attack after discovering several homemade explosive devices and hundreds of pyrotechnic materials at his home, the Directorate for Investigating Organized Crime and Terrorism (DIICOT) announced. Authorities also said that he was going through a process of radicalization. The DIICOT prosecutors in Bistrița-Năsăud county…
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Two-thirds of Romanian employees thinking of changing jobs, survey shows
Roughly two-thirds (62%) of Romanian employees are thinking of changing their job, but the majority do not have a concrete plan, while 18% state that they know what steps they will follow, according to the “Romanians@Work 2025” report. The report is an extensive national research about the labor market carried out by CareerShift.ro, an organization for…