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Romanian PM Ilie Bolojan operates outside of the legal procedures when initiating consultations on a proposal for amending the legislation on the service pensions in the field of Justice, the Romanian Superior Council of Magistracy (CSM) said in a press release on July 30. The document launched by the government is not formally a draft…

Romania is currently rebuilding its bilateral relations with the United States with the aim of rejoining the Visa Waiver program after the Trump administration removed it from the list of partner countries, according to foreign minister Oana Ţoiu. During an interview given on Wednesday, July 30, the minister noted that efforts are being made for…

Justice Minister Radu Marinescu (Social Democratic Party) stated, in an intervention on Digi24, that the ministry he heads supports the special pension reform, proposed by Prime Minister Ilie Bolojan, but “the set of proposals communicated by the prime minister will be discussed with the judiciary, respecting the principles of the rule of law.” He refused…

Romania’s governing coalition agreed on July 30 to hold local elections for Bucharest Mayor in November, although the exact date has not yet been set, Ziarul Financiar reported. The mayoral seat became vacant after former mayor Nicuşor Dan won the presidential election in May. On the same day, president Nicuşor Dan met with the Save…

State-owned Romgaz (BVB: SNG) sold 2.52 billion cubic meters of natural gas from domestic production in the first six months of the year, 12.55% above the level of the same period in 2024, according to the operational report from the Bucharest Stock Exchange. The company’s financial report will be published on August 14. Hydrocarbon production…

Hidroelectrica (BVB: H2O), the largest energy producer controlled by the Romanian state, announced on the Bucharest Exchange that its net electricity production decreased by 27% in the first half of the year, to  6,068 GWh, while purchased energy increased by 62%, to  674 GWh. The company’s financial results for the first 6 months of the…

Romania’s automobile production fell 2.8% year-on-year (y/y) in the first six months of 2025 to 284,216 units, despite a sharp recovery in June, data published by the Romanian Automobile Manufacturers Association (ACAROM) showed. In the first half of 2024, Romania produced 292,378 vehicles. In June, the combined output at the country’s two major car plants…

Polish group Maspex will get 71.1% (28,78 million shares) of Bucharest Exchange-listed Moldovan winery Purcari, for a price of RON 604 million (nearly EUR 120 million), according to Profit reporting at the closure of the takeover bid on July 30. The price paid in the bid values Purcari winery at EUR 167 million. Prior to…

Romania’s Economic Sentiment Indicator, or ESI, a composite indicator designed to track GDP growth calculated as a weighted average of the balances of replies to selected questions addressed to firms in five key economic sectors, plunged in July to 94.7 – the lowest level since January 2021, according to Eurostat. Romania’s ESI dropped below the…

A celebration of Armenian culture and traditions takes place in Bucharest, while Timişoara’s city celebration brings concerts from James Bay and Mika. In Bucharest: Armenian Street Festival August 1 – August 3 This event celebrating the culture of the Armenian community takes place at the Botanical Garden, where the public can enjoy, among other things,…