Category: Uncategorized

AROBS Systems, part of AROBS Group (BVB: AROBS), together with Power Net Consulting, acting as leader of the consortium, will deliver and implement an integrated IT system for the Romanian National Employment Agency (ANOFM). The project, financed through Romania’s National Recovery and Resilience Plan (PNRR), aims to modernize and digitalize ANOFM’s operations through a unified…

The net profit of Banca Transilvania Group (BVB: TLV) reached RON 1.97 billion (EUR 394 million) at the end of June 2025, of which the net profit of the lender Banca Transilvania amounted to RON 1.78 billion.  The results were slightly lower than in the same period of 2024, and were impacted by the acquisition…

Romania’s minister of finance, Alexandru Nazare, announced a new proposal to introduce an adaptive minimum share capital system for limited liability companies (SRLs), linking the required capital to company size.  The initiative follows consultations with entrepreneurs and aims to address widespread issues caused by the current symbolic capital threshold of just RON 1. Initially, the…

Traffic (Jaful Secolului), a Romania-Belgium-Netherlands co-production directed by Belgian-Romanian director Teodora Ana Mihai from a screenplay by Romanian filmmaker Cristian Mungiu, is scheduled for release in local cinemas on September 23. The film is inspired by the real case of a burglary carried out by a group of Romanians at the Kunsthal Rotterdam, in October…

Prosecutors of the Prosecutor’s Office attached to the Bucharest Tribunal and judges of the Bucharest, Târgu Mureș, Iași, Bacău, Galați, Suceava, and Oradea Courts of Appeal announced on Tuesday, August 26, that they are suspending their activity “indefinitely” to protest the government project to cut magistrates’ special pensions. Also joining them are judges from the…

The Turda Salt Mine, in central Romania, will be expanded with a new tourist space, which will have 5 panoramic elevators, an artificial river, as well as several suspended walkways, following an investment of almost RON 100 million (EUR 20 million), according to local authorities cited by Profit.ro.  At the end of the development, a…

Over 1.7 million Bucharest residents are exposed to a noise level that exceeds legal limits during a normal day, according to a draft project of the Bucharest General Council, cited by Digi24. Local authorities aim to reduce the noise level in the city, starting from a report from the Environmental Directorate, which shows that nearly 1.9 million…

PPC Renewables Romania has installed the first two turbines at what will become the largest wind farm in the country’s Moldova region, located in Vaslui county, the company announced. The Deleni wind farm will feature 23 turbines with a total installed capacity of 140 megawatts. Equipped with GE Vernova turbines of 6.1 MW each –…

Three Romanian artists, Maia Ștefana Oprea, Alina Tofan, and Cătălin Rulea, have created new site-specific works inspired by the natural and cultural heritage of the Țara Hațegului UNESCO Global Geopark, to be showcased in Bucharest as part of the exhibition The Big Green: Soil. The show, running August 27 to September 14 at the “Dimitrie…

Real estate developer Nusco has sold one-third of the villas in its new residential project, Nusco Green Homes, a premium sustainable housing compound north of Bucharest. Located in the town of Tunari, the EUR 30 million development includes 61 villas, of which 21 have already been sold, the company said. Marketed as the first fully…