Category: Uncategorized
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Rețele Electrice Romania modernizes transformer substation in Timișoara after EUR 5 million investment
Rețele Electrice Romania, part of the PPC group in Romania, has completed the modernization works for the 110/20 kV Freidorf transformer substation in Timișoara after a RON 26 million (approximately EUR 5.13 million) investment. The station serves around 9,000 customers in the Freidorf area of the city. The 110/20 kV Freidorf transformer substation was built…
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Drone briefly enters Romanian airspace on fourth consecutive day of incursions
Another drone briefly entered Romanian airspace on Monday morning, July 27, before flying to Ukraine, prompting the Romanian Air Force to scramble two F-16 fighter jets and authorities to issue a RO-Alert warning to residents in Tulcea County. Unlike the previous three incidents, the drone was not shot down. The Ministry of National Defense said…
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Romania cuts public deficit by 41% y/y to 2% of GDP in H1
Romania’s general government budget posted a deficit of RON 41 billion (EUR 7.8 billion) in the first half of 2026, which was 41% less than in the same period of 2025. The deficit-to-GDP ratio dropped to 2% of GDP, from over 3.6%, setting the grounds for robust fiscal consolidation this year – when the full-year…
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Electro-Alfa begins work on RON 34.6 mln solar park in Iași
Romanian electrical equipment manufacturer Electro-Alfa International started construction of a photovoltaic park in Iași under a contract with the local municipality. The RON 34.6 million (excluding VAT) project will transform the site of a former coal depot into a renewable energy facility. The CET 2 Holboca solar park will have an installed capacity of 9.8…
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Patria Bank completes sale of its asset management arm to BRD group
The transaction through which Patria Bank sold to BRD Asset Management the 99.9944% stake held in Patria Asset Management, the administrator of the largest ETF in Romania, has been completed after recently being approved by the ASF, according to Profit.ro. The base price of the transaction is EUR 5.5 million and can be adjusted by…
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Chinese group Sany reportedly considers heavy machinery factory in central Romania
Chinese industrial group Sany is considering opening a heavy machinery factory in Ghimbav, Brașov County, where it plans initially to assemble cranes, excavators, and other construction equipment, local publication Bună Ziua Brașov reported. According to the report, Sany representatives met Ghimbav mayor Ionel Fliundra on July 22 to discuss the conditions for the investment and…
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Verita’s Strongest IB Results Yet and What the Diploma Is Really Teaching Students: ‘The Goal Is Not Only to Acquire Knowledge, but to Think with Flexibility, Judgement, and Intellectual Curiosity’
As more Romanian families weigh international education options, the IB Diploma Programme stands out for combining academic breadth with independent research and critical thinking. Romania Insider spoke with Doria Draghiciu, Deputy Head of Secondary High School at Verita International School in Bucharest, about how the IB’s inquiry-based approach differs from traditional education, how universities view…
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Trade union federation Sanitas prepares for general strike in Romanian hospitals
The Sanitas Federation of trade unions in the Romanian medical system is preparing to launch a general strike, scheduled for Tuesday, July 28, according to Informat.ro. The interim Labour Ministry assured, however, that most of the employees in the public health system will earn more and none will earn less under the new Wage Law.…
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New poll shows Social Democrats ahead of Liberals, competing for second place in Romania
The Alliance for the Unity of Romanians (AUR) continues to lead in Romanians’ voting intentions, according to a CURS poll published on July 26, while the fight for second place is tight – with the difference between Social Democrats (PSD, second place) and Liberals (PNL, third place) being smaller than the margin of error. The…
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Romania’s deposit return system collects 2.4 billion beverage containers in H1 2026
The Deposit Return System SGR collected more than 2.4 billion beverage containers in the first half of 2026, while its collection rate rose to 82%, according to figures released by system administrator RetuRO. The rate was three percentage points higher than in the same period last year. Between January and June, consumers returned over 2.4…