Category: Uncategorized
-
Survey: Majority of Romanians want closer ties with EU states, opinions divided on US
A majority of Romanians want the country to establish closer ties with states such as France and Germany, but opinions are divided on relations with the United States under the Trump administration, according to an Avangarde poll cited by Digi24. Specifically, 66.7% of Romanians want closer ties with the EU, while 24.9% reject this idea. …
-
Banca Transilvania cuts Romania’s 2026 growth forecast to 0.2%
Banca Transilvania (BVB: TLV), Romania’s largest financial group, has sharply revised down its 2026 economic growth forecast for the country to 0.2%, from 1.67% projected in January, citing weaker-than-expected economic activity, political uncertainty, and rising geopolitical risks. In its latest monthly economic outlook, the bank’s analysts said the balance of risks remains “strongly tilted to…
-
Rising tensions between Bucharest and Moscow after Russian drone incident in Galați
President Nicușor Dan on May 30 said in an interview with the BBC that Romania is considering expelling the Russian ambassador to Bucharest if incidents like the Russian drone that hit a block of flats in Galați continue. The warning came after Romania already closed the Russian consulate in Constanta and expelled as persona non grata Russia’s…
-
Romanian Post criticises its restructuring plan dictated by government
The general manager of the Romanian Post, Valentin Stefan (PNL), stated that the company’s management has drafted the reorganisation, restructuring, and financial recovery plan for the company to reduce accounting losses from previous years, only because the government asked it to do so – but he personally does not believe in the document, Profit.ro reported.…
-
Romanian president awards top decoration to former athlete Nadia Comăneci
President Nicușor Dan signed a decree awarding the National Order “Star of Romania” in the rank of Grand Cross to famous former athlete Nadia Comăneci on Saturday, May 30, on the occasion of the 50th anniversary of the 1976 Montreal Olympic Games. At the age of 14, Comăneci secured the first perfect 10 in Olympic…
-
Poll shows Romanians prefer early elections rather than a technocratic prime minister
Romanians do not want an independent prime minister to lead a government formed from the former coalition, but they also oppose an executive made up only of technocrats, the latest Avangarde poll cited by Digi24 showed. In contrast, most respondents support early elections. Incidentally, the poll’s outcome pointed to the opposite direction envisaged by president…
-
Romanian president prepares to promote PM with diffuse support in Parliament
Nearly a month since the government of prime minister Ilie Bolojan was dismissed by a no-confidence motion initiated by an alliance formed by former coalition member PSD and far-right opposition party AUR, president Nicusor Dan is expected to come up with a prime minister designation in the coming days, amid a lack of visible parliamentary…
-
Romania’s Romgaz takes over fertilisers producer Azomureş for some EUR 69 mln
Romania’s state-controlled natural gas group Romgaz (BVB: SNG) announced that it signed on May 28 the contract to take over from Swiss Ameropa the productive assets of the country’s largest and sole functional fertilisers producer, Azomureş, for EUR 46.5 million plus corrections that may bring the final price to EUR 69 million. The price, which…
-
Romania signs EUR 6 bln military endowment contracts with Rheinmetall
Romania’s Defense Ministry announced that it had signed several contracts with the German group Rheinmetall, with a total value of nearly EUR 6 billion. The contracts are financed under the EU-backed SAFE financing scheme, and the signing deadline was May 29. Among the contracts is one regarding the supply by Rheinmetall Automecanica SRL (from Mediaș) of…
-
Cristian Mungiu’s Palme d’Or-winning film ‘Fjord’ to screen in special nationwide Romanian preview this month
Romanian audiences will have the chance to see Fjord, the latest film by director Cristian Mungiu, during a one-night-only nationwide preview on June 13. The special screening will take place simultaneously in 90 cinemas across 52 cities, ahead of the film’s official Romanian premiere. Tickets for the preview will go on sale on Tuesday, June…