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Romania’s president Nicusor Dan, in an interview for Antena 1 TV station, said the stable government is his main achievement in the first 100 days in office, evaluated his performance at 7-8 out of ten, and described his relationship with prime minister Ilie Bolojan (a topic on the last days’ agenda) as “correct” without denying…

Romania’s High Court (ICCJ) decided on September 4 to refer to the Constitutional Court the draft law regulating the magistrates’ retirement and pensions, a bill that prime minister Ilie Bolojan sees as critical for his staying in office.  The draft law is one of the five filed by the government to Parliament on September 1…

French DIY retailer Leroy Merlin estimates its investments in Romania at some EUR 28 million this year (+50% y/y), when its sales are seen as rising by 8% from RON 3.4 billion (EUR 680 million) in 2024, Revistabiz.ro reported. The company expects further growth as Romania’s DIY market would surge from EUR 5-6 billion this…

As of September 1, Romania’s installed power generation capacity reached 19.6 GW, a jump of just over 1 GW year-to-date, according to data from the Transelectrica website consulted by Ziarul Financiar. The data does not include prosumers.  Most of the supplementary power has been generated by new solar parks, where 925 MW of projects were…

The Romanian Ministry of Finance, which owns about 12% of the share capital of Fondul Proprietatea, is requesting the resumption of the selection process for a new fund administrator, according to Hotnews.ro. Three funds from Slovenia also expressed their opposition to the candidacy of Roca FP and IRE AIFM, which have already been selected and…

The government adopted on Thursday, September 4, the memorandum that includes short-term energy market reform measures, in order to have fair prices for end consumers. Energy minister Bogdan Ivan stated that by 2032, Romania can turn from an energy importer into an energy exporter. Unblocking investments in new generation capacities, dynamic tariffs, and smart metering…

The National Road Infrastructure Management Company (CNAIR) has sent an order to the contractor to start works on the first lot of the Arad – Oradea express road, starting no sooner than March 1, 2027, Economica.net reported. The decision is mainly justified by budgetary limitations.  Other highway and express road projects are also set to…

Romania’s retail sales volume index increased by 5.3% y/y in July, partly thanks to positive base effects in the sales of car fuels, and marked a new record in seasonally and workday adjusted terms according to data published by the statistics office INS on September 4. The outlook remains modest, not that much because of…

Dutch prosecutors have dropped charges against three of the four secondary suspects in the Drents Museum art heist, narrowing the case to the main defendants as investigators continue to search for the stolen Romanian treasures. The Public Prosecution Service (OM) announced that while the three suspects carried out supporting actions for the alleged thieves, there…

President Nicușor Dan said on Thursday, September 4, that Romania supports the adoption of additional sanctions against Russia, stressing the need to maintain strong transatlantic unity in the face of Moscow’s ongoing aggression against Ukraine.  His statement came during a videoconference meeting of the “Coalition of the Willing,” chaired by French president Emmanuel Macron and…