Category: Uncategorized
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Tradeville projects 3.6% average dividend yield for Romanian blue chips in 2026
Some companies in the BETPlus index are expected to deliver an average dividend yield of 3.6% in 2026, down from the 4.1% projected for a similar selection last year, according to an analysis by the TradeVille Analysis Department, Bursa.ro reported. The estimates are based on expected net profits for the current year and dividend payout…
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Romanian media finds Frank Timis behind Tanbreez project in Greenland
The American company Critical Metals, which concluded an agreement with the Romanian state-owned company Nuclearelectrica for the partnership construction of a processing plant in Feldioara for the rare earths that the former extracts from Greenland, is actually controlled by the Romanian businessman Frank Timiș, who was, among other things, behind the Roșia Montană project, according…
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Romania’s government adds four more companies to list of SOEs slated for reforms
The government has added four more companies to the list of the first 17 that entered the reform process and the analysis of the Interministerial Committee for Supporting the Implementation of Reform 9 (CNR9), led by deputy prime minister Oana Gheorghiu. These are CNCAF Minvest, Romaero, CNMPN Remin, and Avioane Craiova, companies from the portfolio…
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Increasingly more magistrates denounce “captured judiciary” in Romania fueling street protests
Almost 180 magistrates in Romania joined an action group denouncing the compromised judicial system in the country, allegedly controlled by High Court president Lia Savonea, after judge Raluca Morosanu publicly confirmed the allegations expressed by Laurentiu Besu in the “Captured Judiciary” documentary released by investigative platform Recorder that prompted the second night of protests in…
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Romania confirms first leprosy case in over 40 years, three more under investigation
Romania has confirmed its first case of leprosy in more than 40 years, with three other suspected cases currently under clinical and microbiological investigation, health minister Alexandru Rogobete announced on Thursday, December 11. All four individuals are women from Asia who were employed as masseuses at a spa salon in Cluj-Napoca. The first two patients,…
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Fund backed by private sector to support cultural organizations in Romania starting next year
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been…
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EC refers Romania to EU Court of Justice over failures in air quality monitoring
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on…
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Bucharest Appeal Court leadership rejects media investigation, but judge says “toxic” conditions are real
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the…
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Romania’s Superior Council of Magistracy claims judiciary is targeted by destabilization campaign after media investigation
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a…
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MedLife hits EUR 1 billion valuation on Bucharest Stock Exchange
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016,…