Category: Uncategorized
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Romania’s acting transport minister launches complaint form for train passengers
Romania’s acting transport minister, Radu Miruță, announced the launch of an online form allowing train passengers to report problems encountered during their journeys. The initiative aims to help authorities identify recurring issues across the rail network based on passengers’ experiences rather than railway companies’ reports, he said. In a Facebook post, minister Miruță said he…
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Romanian tall ship Mircea included in July 4 parade in New York
The Romanian training ship Mircea, a symbol of the Romanian Naval Forces, took part in the Parade of Tall Ships in New York on Saturday, July 4. The ship joined several tall ships from around the world in Sandy Hook Bay, south of New York, arriving on Friday, July 3. The same day, a powerful…
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Romania declares 2026 the ‘Year of Traian Vuia’ to mark 120 years since historic flight
Romanian president Nicușor Dan promulgated last week the law declaring 2026 the “Year of Traian Vuia” to mark the 120th anniversary of the inventor’s pioneering powered flight. The initiative aims to honor one of Romania’s most prominent aviation pioneers through a series of commemorative events nationwide. Under the law, Parliament, the Presidential Administration, the government,…
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Romanian president Nicușor Dan to attend NATO Summit in Ankara
Romanian president Nicușor Dan will attend the NATO Summit in Ankara on July 7-8, where allied leaders are expected to discuss defense spending, support for Ukraine, and strengthening the alliance’s collective defense amid a deteriorating security environment. The meeting will mark the second NATO summit hosted by Turkey, after the 2004 gathering that took place…
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Sale of bankrupt Romanian shipyard Mangalia resumes at going concern price
The bankruptcy manager of Romanian shipyard Mangalia will try to sell the shipyard’s assets on July 29 at the same price asked in the first attempt (EUR 184 million), at the request of the creditors, among which the largest is the company’s minority shareholder and former manager Damen. The prospective buyers Rheinmetall and MSC abstained…
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Romanian Nuclearelectrica reconnects Cernavodă Unit 1 after planned two-month shutdown
Unit 1 of Romania’s Cernavodă nuclear power plant, operated by Nuclearelectrica (BVB: SNN), was reconnected to the national power grid on July 5 after completing a two-month planned shutdown programme, the company announced. The return of the 700MW reactor is expected to ease pressure on electricity imports during evening peak hours, when solar generation declines. According…
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Romania cuts retail bond yields in July, except for 10-year euro coupon
Romania’s Treasury cut the yields offered on local currency retail government bonds for the third consecutive month in its July Fidelis issuance, mirroring the broader decline in borrowing costs on international markets. The exception was the 10-year euro-denominated bond, whose coupon was raised to 6.2% from 5.8% in June. The Treasury has continued to lower…
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Romania’s M&A market up almost 50% y/y to USD 6 bln in H1
Romania’s mergers and acquisitions market expanded by 49% y/y by value to USD 6 billion (EUR 5.25 billion) in H1, in line with the global trend, while it edged up by only 3% by the number of deals (143), according to the latest EY Romania – Parthenon analysis. Out of the 143 deals, three accounted…
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Romania’s acting PM to request extraordinary parliamentary session for PNRR laws
Romania’s acting prime minister Ilie Bolojan said after the July 2 government meeting that the executive will request an extraordinary parliamentary session in the second half of July to adopt nine legislative projects linked to the National Recovery and Resilience Plan (PNRR), as the country faces an August 31, 2026 deadline to implement key reforms…
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Romania’s acting PM Ilie Bolojan likely to remain in office as coalition talks stall
Romania’s acting prime minister Ilie Bolojan is expected to remain in office until at least August after no significant progress was made over the weekend in negotiations to form a new government. As political parties continue to disagree over the shape of the next coalition, discussions have shifted towards interim governing arrangements, while the prospect…