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CPI Property Group has secured EUR 100 million in financing for Sun Plaza, one of the largest shopping centers in Bucharest. The funds were arranged through a club-deal involving OTP Bank and ING Bank Romania. The company said the transaction was signed through its subsidiary CPI Europe AG and also marks the beginning of a…

Prosecutors attached to the Bucharest Court of Appeal announced on Wednesday, May 20, that they are investigating four individuals and three legal entities in the case opened after the October 2025 explosion in the Rahova neighborhood.  The explosion left three dead and affected an eight-story apartment building located on Calea Rahovei. According to the authorities,…

American band Metallica, which recently performed in Bucharest, announced a donation of RON 90,000 (EUR 17,100) to two local organizations involved in supporting vulnerable people and fighting hunger.  The initiative was carried out through the All Within My Hands foundation, in partnership with Live Nation and Emagic. The funds will be divided between Social Food…

Romanian consumers follow an increasingly predictable spending rhythm, with clear differences between weekdays dedicated to stocking up, weekend shopping, and premium purchases, according to a Global Payments analysis of card transactions made in Romania between January and April 2026. Friday is the day when Romanians spend the most, across almost all industries analyzed. In supermarkets,…

Mayor Emil Boc announced that Cluj-Napoca has signed a EUR 3.5 million contract for the construction of a new photovoltaic park in the Valea Chintăului area. According to the official, the project will help cover more than half of the municipality’s public lighting energy consumption and reduce electricity costs by around RON 7 million annually.…

The mayor of Buduslău, Bihor county, has been charged with passive corruption after being caught red-handed while receiving part of a bribe linked to an EU-funded agricultural infrastructure contract, the European Public Prosecutor’s Office (EPPO) announced. The investigation concerns a project financed through the European Agricultural Fund for Rural Development (EAFRD). According to prosecutors from…

The Ministry of Environment announced that it published draft rules aimed at protecting Romania’s remarkable, centuries-old trees through the creation of a public national catalog. The proposed legislation would establish a framework for identifying, monitoring, and protecting trees considered exceptional because of their age, size, rarity, ecological importance, or historical and cultural significance. Interim environment…

The president of the Chamber of Deputies and head of the Social Democratic Party (PSD), Sorin Grindeanu, on May 20 filed a request with the Constitutional Court (CCR) to resolve an alleged legal conflict of a constitutional nature between the Parliament and the government, regarding the so-called “SAFE ordinance,” adopted by the interim government of…

Romania can still meet in time the milestone regarding the earmarking of degraded plots of land from the State Domains Agency (ADS) for the development of renewable energy projects, which has a EUR 771 million grant attached under the Recovery and Relaunch Scheme, the acting minister of agriculture, Tanczos Barna, assured on May 20, in…

Romania’s acting prime minister Ilie Bolojan reiterated criticism of the small modular reactor (SMR) project developed by state-controlled nuclear energy producer Nuclearelectrica (BVB: SNN) with US-based NuScale Power, warning that the investment carries major financial and feasibility risks.  Speaking in an interview for B1 TV, Bolojan said Romania, through Nuclearelectrica, had already spent more than…