Category: Uncategorized

Greenvolt Group, through Greenvolt Power, a developer of wind, photovoltaic, and battery energy storage projects, announced that it has agreed to the sale of a 253 MW onshore wind project in Ialomița County to Engie Romania, a subsidiary of Engie Group. This agreement follows a series of successful asset-rotation operations announced by Greenvolt in 2025,…

The Romanian Competition Council has fined Philip Morris Trading, Interbrands Orbico, and Mediaposte Hit Mail with fines totaling RON 135.2 million (EUR 26.6 million) for participating in anti-competitive agreements on the heated tobacco products market. The decision is enforceable. Following an investigation, the competition authority said it found that there were agreements between Philip Morris…

Romania is among 19 European Union member states asking the European Commission to allocate funding for the creation of migrant return centres to be located outside the EU, amid a broader tightening of the bloc’s migration policy, Agerpres reported. The request follows decisions taken by EU interior ministers on December 8, when they adopted a…

The minister of economy, Radu Miruţă, announced that the Agency for Monitoring and Evaluation of Public Enterprises’ Performance (AMEPIP) fined him, as a natural person, for “wanting a clean and fair management at a state-owned company” – Avioane Craiova.  The fine is apparently linked to comments made by minister Miruţă about the management teams appointed…

In a meeting on Wednesday, December 17, the leaders of Romania’s four-party ruling coalition agreed on the last bills to be included in the second package of budgetary measures – primarily the public administration law, but also the minimum tax on turnover, the minimum wage, and the reduction of some other public expenditures. The parties…

Metinvest announced on Wednesday, December 17, that it completed the acquisition of ArcelorMittal Tubular Products Iași, in eastern Romania. The plant produces welded structural pipes for the construction, engineering, infrastructure, and agricultural sectors, with a maximum annual production capacity of 240,000 tonnes. The plant is Metinvest’s first production site in Romania. Negotiations on its acquisition…

The government approved on December 17 an emergency ordinance by which the Ministry of Finance allocates almost RON 2.5 billion (nearly EUR 500 million), intended for the payment of arrears of the Ministry of Development (MDLPA) and the continuation of public investments.  This comes on top of RON 1.35 billion allocated to the Ministry of…

It’s the last weekend before Christmas and another chance to search for presents or enjoy the season’s music. In Bucharest: Bucharest Christmas Market November 29 – December 28 Held in the city’s Constituției Square, the event will have a 30-meter-high Christmas tree, Santa Claus’s House and a Ferris wheel, in addition to numerous stalls with…

The government adopted an emergency ordinance on December 17 requiring all local authorities to approve, by December 31, the local taxes and fees that will apply in 2026, effectively forcing city halls to implement substantial property tax increases in line with guidelines already legislated, Ziarul Financiar reported. The ordinance obliges local councils and the General…

Romanian president Nicușor Dan was received by King Charles III at Buckingham Palace on Wednesday, December 17, during his official visit to the United Kingdom, marking the final stage of his trip to London. The head of state also met with Romanians who welcomed him during the visit. President Dan posted a brief message alongside…