Category: Uncategorized
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Prime Kapital secures EUR 150 mln syndicated loan to refinance Mall Moldova in Romania
Prime Kapital has obtained a EUR 150 million syndicated loan to refinance Mall Moldova, one of Romania’s two super-regional shopping centers. The financing was structured by UniCredit Bank Romania as sole coordinator and joint arranger alongside Alpha Bank Greece. Each bank contributed EUR 75 million to the facility, supporting the mall that opened in April…
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Political normalisation pushes down Romania’s borrowing cost
Romania’s borrowing costs eased sharply after the Constitutional Court validated the reform of magistrates’ special pensions, a key milestone required by the European Union for the release of funds under the National Recovery and Resilience Plan (PNRR), Bloomberg reported. The improvement, however, reflects a broader easing of political tensions rather than the court ruling alone.…
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Romanian PM wants to raise retirement age to standard level for all sectors of activity
Prime minister Ilie Bolojan declared on Wednesday, February 18, that the government wants to increase the retirement age for employees in defence, public order, and national security after the Constitutional Court (CCR) upheld as constitutional the law regulating magistrates’ retirement regime. A bill in this regard would be drafted in March, PM Bolojan announced, as…
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Romanian fund managers’ association argues for pension funds allowed to invest in defence
The Association of Fund Administrators of Romania (AAF) has proposed a legislative amendment that would allow domestic pension funds to expand investments in companies operating in the defence, security, and dual-use technologies sectors listed on the Bucharest Stock Exchange (BVB), according to a press release quoted by Bursa.ro. AAF representatives say the initiative aims to…
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Polish Elemental Group to build EUR 20 mln WEEE recycling factory in Romania
Poland’s Elemental Group, one of Europe’s largest metal recycling companies, has taken full control of Romanian firm ACC Recycling Services and is preparing a EUR 20 million investment in a new recycling plant, according to Profit.ro. The Polish group recently acquired the remaining 20% stake in ACC Recycling Services from founder Cristian-Ioan Pocol, after having…
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Romanian president flies to US Board of Peace meeting on private jet, reviving debate over state aircraft
Romanian president Nicușor Dan travelled to Washington for the first Board of Peace meeting aboard a privately leased aircraft, prompting renewed debate about the need for a dedicated presidential plane. According to Boarding Pass, the Presidency rented a Bombardier Global 6000 owned by businessman Ion Țiriac due to the long distance, after previously relying mainly…
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Weekend calendar: Dragobete fairs, concerts, exhibitions
Several events in Bucharest mark the Romanian celebration of love, and the weekend agenda also includes concerts by Mireille Mathieu and Elf Traps. In Bucharest: Concerts @ George Enescu Philharmonic February 19, 20 Gábor Káli conducts the George Enescu Philharmonic Orchestra for a program of works by Prokofiev, Liszt, and Rachmaninoff. Pianist Lise de la…
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Romania was the EU’s largest gas producer in 2025 as well
Romania was the largest gas producer in the European Union last year, as in 2024, when it surpassed the Netherlands for the first time in history in terms of extractions reported, according to Profit.ro. Production in Romania in 2025 was nearly 357.500 TJ (terajoules), while that of the Netherlands was 315,000 TJ, according to data…
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Romania is CEE’s second-largest modern retail market but still has lowest density – report
Romania has the second-largest modern retail stock in Central and Eastern Europe (CEE) after Poland, yet remains the region’s least dense market per capita, according to a Cushman & Wakefield Echinox report published for Q4 2025. Developers are continuing to expand, with projects totaling more than 750,000 sqm planned or under construction through 2029. If…
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Romanians among EU citizens most favorable to dictatorship, poll says
Romanians are among the top European nations that would prefer a dictatorship instead of democracy, according to a survey conducted by AboutPeople at the request of ProgressiveLab and cited by Politico. However, nearly 70% of Europeans said they would reject an authoritarian regime. Conducted in five European countries with different democratic traditions, the study appears…