Category: Uncategorized
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Board of Romanian pharmaceutical manufacturer Biofarm greenlights takeover by Polish buyer
The Board of Directors of the Romanian pharmaceutical manufacturer Biofarm (BVB: BIO) officially approved the public takeover bid launched by the Polish group Zakłady Farmaceutyczne Polpharma on Monday, May 25. The company leadership adopted a resolution approving the offer announced by Polpharma on May 20. The offer targets the acquisition of 985.3 million ordinary shares,…
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Low salaries and corruption first among Romania’s main problems, survey says
Roughly 27.8% of Romanians think that the main problem of the country was corruption, while 48.2% believe that the priority in the next 6 months should be increasing salaries and pensions, according to an INSCOP survey conducted between May 11 and 14, 2026. When asked what they consider the main problem of the country, Romanians…
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Romania’s former president Traian Băsescu granted Moldovan citizenship by Maia Sandu
Moldovan president Maia Sandu announced on Tuesday, May 26, that Romania’s former president Traian Băsescu has become a citizen of Moldova for a second time, after his citizenship was withdrawn by pro-Russian former president Igor Dodon in 2017. During his mandate, which lasted between 2004 and 2014, Băsescu gained a reputation as a supporter of…
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Romania’s Road Infrastructure Company wins lawsuit with Italian builder over Brăila bridge delays
Romania’s National Company for Road Infrastructure Administration scored a legal victory in Italy against builder WeBuild. The company had sued CNAIR to block the enforcement of the guarantee of more than RON 87 million related to the delays registered in the construction of the suspended bridge in Brăila, southeastern Romania. Back in June 2025, CNAIR…
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History, Heritage and Packed HallsOver 1,500 Visitors at the Central University Library During Museum Night
More than 1,500 visitors crossed the threshold of the “Carol I” Central University Library on Saturday, 23 May 2026, during the Museum Night festival, transforming one of Bucharest’s most spectacular cultural buildings into a space for dialogue between history, heritage and the contemporary public. Public interest remained constant throughout the evening, with queues forming from…
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Survey: Nearly 30% of Romanians plan to shop on international online platforms in 2026
Almost 30% of Romanians plan to shop on international online platforms in 2026, while marketplaces have become the main online shopping channel for most consumers, according to a new survey by courier company Cargus. The study also found growing openness toward artificial intelligence tools that simplify online shopping and delivery experiences. The survey, conducted on…
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“I have not met any Romanian disappointed with Donald Trump,” US ambassador says
Darryl Nirenberg, the US ambassador to Bucharest, highlighted Romanians’ favorable opinion of president Donald Trump during a visit to Sibiu last week. In an interview with local publication Turnul Sfatului, the ambassador said that he had not met any Romanian disappointed with the American president. “What I have noticed is how favorably Romanians view the…
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EVERGENT Investments reports a net result of RON 186.8 million in Q1 2026
EVERGENT Investments, the investment company listed under the ticker EVER, reported a net result of RON 186.8 million in the first three months of the year, exceeding the projected level for the whole of 2026 by 11%. The net result is the company’s main financial performance indicator and consists of net profit and the net…
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Romania’s banking system’s profitability down to four-year lows
The aggregated profit of the Romanian banking system decreased by 9.3% y/y to RON 3.35 billion (EUR 657 million, 11.5% down y/y) in Q1, according to data published by the National Bank of Romania (BNR). The aggregated profitability indicators have dropped to the lowest levels in four years, after they remained well above the average…
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Romania’s public deficit reportedly shrinks to 1.2% of GDP in January-April
Romania’s public deficit reached 1.17% of GDP, down from 2.95% of GDP in the same period last year, according to sources familiar with the reporting consulted by Profit.ro. The Finance Ministry has not released the figures yet. While not as relevant as full-quarterly data, April figures may add optimism on the budget execution side. The…