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Romania’s Senate has appointed a new leadership team for the Romanian Cultural Institute (ICR), with candidates backed by the Social Democratic Party (PSD), the far-right Alliance for the Union of Romanians (AUR), and the Hungarian Democratic Union of Romania (UDMR) securing the top positions. The vote, held in plenary session on June 2, resulted in…

Romania’s Liberal Party (PNL), led by interim prime minister Ilie Bolojan, has called on parliamentary parties, including former coalition partner the Social Democratic Party (PSD), to support the rapid adoption of legislation required under the National Recovery and Resilience Plan (PNRR), warning that delays could jeopardise access to European Union funding. The party said nearly…

A rare encounter with a young roe deer has been captured on camera in a forest in northern Romania. The footage, shared by the National Forest Administration Romsilva, shows a fawn spotted among the trees in Suceava County, with its mother nearby. The video was recorded in a forest managed by the Putna Forest District,…

The German group ebm-papst, specialised in the production of motors and fans, inaugurated, on June 2, what it called “a strategic investment” of EUR 30 million in a new production building located within Industrial Park II in Oradea, western Romania, which involves the creation of 500 new jobs in the next 5 years. The new…

Approximately 200 engineers and specialists from the carmaker Automobile Dacia in Romania, owned by Renault Group, and its technical unit Renault Technologie Romania (RTR), will be extended significant severance packages as part of a voluntary departure campaign initiated by the company, according to Profit.ro. Unlike previous schemes, focused on the production area in Mioveni, the…

Romania Manufacturing PMI compiled by Erste Group’s local subsidiary BCR, has improved for the third consecutive month to 48.3 points in May – remaining in the contractionary region but still enough to support Erste Group’s hopes for mild industrial recovery this year, after three consecutive years of decline.  “Although the index still points to a…

The thermal insulation panel manufacturer Topanel from Râmnicu Vâlcea, which reported RON 353 million (EUR 70 million) turnover last year, up 20% y/y, is analysing investing some EUR 15 million in a new factory, according to Ziarul Financiar. This comes after Topanel invested EUR 20 million with its partner ICCO Grup in a EUR 20…

General Gheorghiță Vlad, chief of the Defense Staff of the Romanian Armed Forces, rejected corruption-related allegations brought against him by anti-corruption prosecutors, saying he had no direct or indirect involvement in any activities that could constitute complicity in such offenses. The military section of the National Anticorruption Directorate (DNA) placed him under criminal investigation for…

A curated season of signature experiences bringing together gastronomy, champagne, sport, music, outdoor living and the unmistakable spirit of Monaco Sass’ Restaurant & Lounge announces Sass’ Events — Summer Series, a curated collection of signature experiences designed to bring the venue’s distinctive dinner-to-nightlife energy into the Bucharest summer season. Hosted across Sass’ Restaurant & Lounge,…

Hidroelectrica (BVB: H2O), one of the largest companies listed on the Bucharest exchange and majority-owned by the Romanian state, appointed Iulius–Dan Plaveti as new CEO, and Stan Mihail-Dan as CFO. Two candidates were in the running for the top position in Hidroelectrica when the procedure was initiated in March, after the failure in the autumn…