Category: Uncategorized

Recommerce©, the leading European player in trade-in, refurbishment and resale of consumer electronics, and Xiaomi, a consumer electronics and smart manufacturing company with smartphones and smart hardware connected by an Internet of Things (“IoT”) platform at its core, announce a strategic partnership for the deployment of integrated trade-in programs across Europe and enhance consumer’s purchasing…

Romania’s president Nicușor Dan reiterated that he was dissatisfied with the work of the head prosecutor and the head of the National Anticorruption Directorate (DNA), saying that these prosecutors’ offices have “a problem of management,” particularly in regard to the resources allocated for “dossiers that are highly important for society.” President Dan has constantly criticised…

Romania’s state-controlled company Transgaz has required the environmental permit to build a connection between the pipeline that brings Black Sea offshore gas to the national grid and the BRUA pipeline (Tuzl-Podisor), and the pipeline that connects the southern part of the continent (Greece-Bulgaria) with Ukraine and the Republic of Moldova (pipelines T2 and T3), Economedia.ro…

Expansion of the portfolio with low, medium and high voltage electricity services, complementing existing solutions in water, sewage, gas and thermal energy. Alignment with the objectives of the Veolia Group’s “GreenUp” strategic program by diversifying decarbonization solutions, such as solar electricity generation and battery storage systems. Enhancing the capacity for implementation and the complexity of…

The Neptun Deep project in the Black Sea, set to become the largest gas production venture in the European Union, has attracted additional buyers, including German utility group Uniper SE, operator OMV Petrom announced, as reported by Bloomberg and Agerpres. The project is scheduled to deliver its first gas in 2027. OMV Petrom Chief Executive…

Romanian state-owned air carrier Tarom decided to skip purchase plans for four of the five Boeing Max aircraft contracted in 2018, rescheduled for delivery in 2026, according to Economica.net, citing a decision of the company’s general shareholder meeting.  The company is also selling its holdings in DNATA Catering (where it holds 30.8%), a company that…

The number of properties (mostly residential units) traded nationwide has increased by nearly 5% y/y to 53,433 in August 2025, according to the National Agency for Cadastre and Real Estate Advertising (ANCPI). On a seasonal trend, the volume of the market dropped by 19% m/m. The most real estate sales were recorded in Bucharest (10,237),…

New car registrations rose by 52.6% y/y in August 2025, while the electric segment in its widest definition has surged by 74.4% y/y, achieving a market share of 59.9%, according to the association of car producers and importers APIA. Passenger cars (some 89% of the total market) recorded, in August 2025, a volume of 15,043…

Brothers Cristian and Mihai Logofătu, founders of the IT group of companies Bittnet Systems (BVB: BNET), requested completing the agenda of the company’s general meeting of shareholders scheduled for October 21 with a vote on the launch of two bond schemes of maximum sizes of RON 100 million (EUR 20 million) and EUR 20 million,…

British investor Ghai Sant Ram announces the official launch of a new residential project in Romania. HORIZON CITY is shaping up to be one of the most significant residential developments currently underway in Bucharest. Located on Bulevardul Pipera no. 2/IXA, right next to Kaufland Pipera and the main business and lifestyle hub of Northern Bucharest,…