Category: Uncategorized
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Romanian Banca Transilvania extends EUR 67 mln loan to Antibiotice for critical drugs project
Romania’s largest financial group, Banca Transilvania (BVB: TLV), signed with state-controlled drug producer Antibiotice Iași (BVB: ATB) to provide a financing package worth EUR 67 million targeting two major industrial expansion and modernisation projects. These include the development of production capacities for sterile products, solutions, and topicals, as well as the operationalisation of the INOVA…
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Survey: Four in ten Romanians opt for early elections, a quarter of voters oppose pro-Western orientation
Four in ten Romanians believe that organising early elections would be the best option for settling the current political crisis, according to the Informat.ro – INSCOP Research Barometer, conducted between May 11-14. President Nicusor Dan has categorically ruled out this option, narrowing his room for negotiations with the main political parties for the formation of…
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Romanian president challenges law increasing brown bear hunting quotas
President Nicușor Dan has challenged at the Constitutional Court (CCR) the law that would significantly increase the number of brown bears allowed to be hunted nationwide. He argued that the legislation contains incomplete monitoring and prevention mechanisms and could violate European Union environmental rules. The law, adopted by Parliament, would approve the hunting of 859…
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EBRD extends InvestEU guarantees worth EUR 270 million to Romanian banks
The European Bank for Reconstruction and Development (EBRD) has officially launched its Risk Sharing Facility in Romania extending EUR 270 million in “green financing” to Romanian banks under the InvestEU program. Through its InvestEU guarantees, the EBRD expects to mobilize new green financing for individuals and companies in Romania, ensuring much-needed energy savings and carbon…
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Haferland Week 2026 to celebrate Saxon culture in Romania in August
The Haferland Week Festival will take place this year in Romania between August 6 and 9, celebrating local Saxon culture with a series of events themed “Longing for Transylvania.” The event will take place in 10 localities: Archita, Saschiz, Homorod, Rupea, Criț, Roadeș, Meșendorf, Cloașterf, Bunești, and Viscri. According to the organizers, the theme is…
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Cushman & Wakefield Echinox: Pre-lease transactions gain momentum on Bucharest office market
The Bucharest office market has shown early signs of recovery, driven by a visible increase in pre-lease transactions, highlighting a renewed occupier appetite for future office spaces. The current development pipeline, exceeding 215,600 sq.m, the highest level in recent years, is expected to be gradually absorbed, according to data from the Cushman & Wakefield Echinox…
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BVB-listed FMCG distributor Aquila expands operations in Eastern Romania with Bacău center
Aquila (BVB: AQ), a major player in the Romanian market for integrated distribution and logistics services for fast-moving consumer goods, or FMCG, has inaugurated its new logistics center in Bacău, a strategic project in which the company invested over EUR 1.2 million. The new logistics infrastructure integrated the relocated operations into a modern facility with…
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BMW iX3 named best electric car in Romania for 2026, Renault 4 wins public vote
BMW iX3 won the title of Best Electric Car in Romania 2026 at the sixth edition of the country’s leading electromobility competition. The award was presented following comparative tests and evaluations carried out by a jury of automotive specialists, journalists, and mobility experts. Meanwhile, Renault 4 received the Popularity Award based on public voting. The…
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Five injured after elevator collapses at Romanian Transport Ministry headquarters in Bucharest
An elevator cabin collapsed while transporting seven people on Thursday, May 21, at the headquarters of the Romanian Ministry of Transport in Bucharest. Of the people involved, five required medical care, while two escaped without injuries requiring hospital transport. Emergency response teams intervened at the scene, including two fire trucks and two SMURD ambulances, according…
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EUROPAfest 2026 to bring artists from 14 countries to Bucharest
EUROPAfest will return to Bucharest between July 3 and July 12, bringing artists from 14 countries to the Romanian capital for the festival’s 33rd edition. The organizers said this year’s event will place a stronger focus on jazz while also continuing to feature blues, pop, and classical music performances. Artists from France, Italy, Ireland, Canada,…