Category: Uncategorized
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Romania receives 24th favorable opinion out of 25 needed to join OECD
Romania has obtained the 24th favorable opinion out of the 25 required to join the Organisation for Economic Co-operation and Development (OECD), according to an announcement by the Ministry of Foreign Affairs. The formal opinion was adopted by the OECD’s Investment Committee on Thursday, April 2. The evaluation of the Investment Committee represents one of…
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Romania awards section of SAFE-financed A8 highway to Spanish constructor
Romania’s National Road Investment Company, or CNIR, awarded a section of the A8 highway to Spanish constructor FCC Construcción, according to an announcement made on Friday, April 3. The contract is for the design and execution of section 3 of the Târgu Neamț (Moțca)–Iași–Ungheni Highway, a project financed through the EU-backed SAFE Program. According to…
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Romania’s Competition Council greenlights courier Sameday takeover of competitor Cargus
The Competition Council, the government body tasked with protecting and stimulating competition in Romania, announced on Thursday, April 2, that it has authorized Cargus’ takeover by courier company Sameday. The latter is owned by the company that operates eMag, Romania’s largest online commerce platform. The acquisition unites two major courier companies in Romania. Following its…
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Romania’s M&A market reaches EUR 2.9 bln in Q1 2026, its best quarter in two years
Romania’s M&A market recorded its best quarter in two years in Q1 of 2026, reaching a cumulative value of EUR 2.9 billion, three times higher than the first three months of last year, according to an analysis by PwC Romania. Data from the first quarter of 2026 indicates a revival of activity in the Romanian…
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Bucharest to merge its cultural institutions into one entity
The Bucharest General Council voted on April 2 to merge the city’s seven institutions running cultural programs into one entity. As such, Arcub, Creart, Proedus, Lumina Cultural Center, Expo Arte Cultural Center, the Youth Center, and the Arts School will merge into the new Bucharest Urban Arts and Events. The move is part of a…
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Court rules to continue coup d’état trial of far-right Romanian politician Călin Georgescu, mercenaries
The trial of former presidential candidate and far-right, pro-Russian politician Călin Georgescu can begin, according to a decision by the Bucharest Court of Appeal communicated on Thursday, April 2. Georgescu is accused of complicity in an attempted coup d’état initiated by mercenary Horațiu Potra and 21 other individuals. In the decision, the court said the…
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Romanian PM Ilie Bolojan says he will not resign if Social Democrats issue 72-hour ultimatum
Romanian Liberal (PNL) prime minister Ilie Bolojan said he would refuse to step down if the Social Democratic Party (PSD) issues a widely expected 72-hour ultimatum demanding his resignation, amid escalating tensions within the ruling coalition. Speaking in an interview with Europa FM, as reported by Hotnews.ro, Bolojan made clear he would not accept such…
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Romania risks losing EUR 1.1 bln Resilience money unless it passes Urban Planning Code by July
The draft law on the Code of Territorial Planning, Urbanism, and Constructions, currently stuck in the Chamber of Deputies as the decision-making chamber, must be adopted within the following quarter so that it enters into force by the date of completion of the PNRR (end-September), according to Profit.ro. The deadline for the milestone is end-June,…
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Romanian group Superbet expands into Greek sports betting market
Super Technologies (Super), the sports betting group founded by entrepreneur Sacha Dragic, announced that it has officially launched its operations in Greece, according to Economedia.ro. Adam Lamentowicz, Chief Commercial Officer CEE, Super, said: “Greece is a mature and growing market, so we are proud to be present here. With this step, we are making a…
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Romania’s PM envisages talks with Pfizer on EUR 600 mln pay linked to Covid-19 vaccines
Romania should contact Pfizer, upon the pharma group winning a court ruling envisaging EUR 600 million payment owed by the Romanian state in the account of 29 million of Covid-19 vaccine doses contracted but not ordered, prime minister Ilie Bolojan announced in an interview with EuropaFM, according to Economica.net. Romania should negotiate the payment in…