Category: Uncategorized

The Constitutional Court (CCR) postponed a decision regarding the reform of magistrates’ pensions to February 11, invoking the need “to study more thoroughly” a report submitted on Thursday, January 15, by the High Court. The top court judges were initially supposed to rule on the issue on December 10, but postponed the decision to December…

Registrations have opened for the second edition of the Romania Startup Awards, a competition recognising the most innovative startups in Romania and the Republic of Moldova. Eligible startups can submit applications until February 25. The awards are organised by the Romanian Tech Startups Association (ROTSA), with the gala set to take place on March 12,…

The explosion that left three people injured and destroyed an annex of the Lugoj Police headquarters in western Romania may have been caused by an underground gas pipe, according to investigators.  The building that housed the Criminal Records Office, which collapsed following the explosion, was not connected to the gas supply network, so preliminary investigations…

The European Commission (EC) approved Romania’s national defense projects worth almost EUR 16.7 billion under the Security Action for Europe (SAFE) programme, paving the way for low-cost, long-term EU loans aimed at strengthening military capabilities and strategic infrastructure.  On January 15, the EC endorsed the defense investment plans of eight EU member states – Belgium,…

OMV Petrom (BVB: SNP) has calculated total “impairment adjustments” of EUR 420 million, which will be seen in the financial results of the last quarter of 2025, arising mainly as a result of the agreement between the OMV group and the Romanian government at the end of last year. “Following the principles agreed between OMV…

The Romanian minister of finance, Alexandru Nazare, on January 15, signed the second financing agreement with the European Investment Bank (EIB), worth EUR 500 million, intended to support the construction of the A1 Sibiu-Pitești motorway, one of the most important road infrastructure projects in Romania. The EIB loan will partially finance the state contribution to…

Europe could face a wave of credit rating downgrades if tensions with the United States over Greenland fracture NATO, Fitch’s chief sovereign ratings analyst, James Longsdon, said on January 15, according to Reuters, as quoted by Ziarul Financiar. Romania is working to maintain its fragile investment-grade rating after narrowly avoiding a downgrade to junk last…

The industrial production volume in Romania contracted by 1.1% y/y in January-November and by 0.9% y/y in the 12 months to November, after a disappointing performance (-2.9% y/y) in November, according to data published by the statistics office INS. The production dropped by 0.7% m/m in November after adjustment for seasonality. The state forecasting body…

Romanian cinema will also be represented at the 2026 Berlin International Film Festival – Berlinale, with two feature films selected for major sections of the event: Forum and Generation. This year’s edition runs from February 12 to 22. De capul nostru/On Our Own, the latest fiction feature by director Tudor Cristian Jurgiu, has been selected…

Thousands of people gathered in central Bucharest on January 15 for a rally initially organised in opposition to the so-called Vexler Law, the legislation aimed at strengthening Romania’s legal framework against extremism, antisemitism, and xenophobia. The demonstration later broadened into a protest against the government and state authorities more generally. The rally was first promoted…