Category: Uncategorized
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Romanian General Prosecutor’s Office confirms in rem investigation into canceled 2024 presidential election
Romania’s General Prosecutor’s Office confirmed on Wednesday, October 14, that it opened a criminal case in July related to the annulment of the 2024 presidential election, Agerpres reported. The decision followed more than 600 complaints submitted by an association. “Following the submission by an association of more than 600 complaints in the context of the…
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Romania’s political crisis nears end as Social Democrats opt to form minority cabinet
With 11 of the 17 ministers and the deputy prime minister’s post, the PSD will dominate the cabinet, while most of the other ministers have been or will be informally nominated by president Nicușor Dan, who reportedly accelerated the government formation process the previous day by warning of early elections unless Niculescu secured the necessary…
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Rheinmetall yet to confirm takeover of Romanian shipyard Mangalia
The judicial liquidator recently announced that the German defence group had won the auction for the sale of the entire asset. Contacted by Mediafax to confirm the acquisition and whether it had submitted the required notifications to the authorities whose approval is necessary to complete the transaction, Rheinmetall’s naval division said it would provide official…
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Polish Maspex raises stake in winemaker Purcari above 75%
Maspex Romania SRL now holds 30,991,956 shares, up from a stake representing 72.8% of the voting rights in the previous notification, Ziarul Financiar reported. That level was reached following a takeover offer in the summer of 2025 at RON 21 per share. Since then, the group has purchased approximately 918,000 shares, equivalent to 2.2% of…
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BT Capital Partners sees 18% upside potential for OMV Petrom shares
SNP shares have risen by 41% since the previous update in October 2025, exceeding the previous target price of RON 1.0965. However, the target price was revised upwards, as “a significantly higher set of commodity prices and an earlier and now largely constructed Neptun Deep offset the heavier fiscal burden”, the report states, as quoted…
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Bucharest court rejects Animawings’ insolvency request, may accept creditors’ similar request
The court split the insolvency proceedings into two separate requests, one filed by Animawings and the other by its creditors. The list of creditors includes Banca Transilvania, several national airports, air traffic control services provider Romatsa, technical service providers and several individuals, Tvrinfo.ro reported. The court’s ruling leaves passengers facing even greater uncertainty, after the…
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Report: Bucharest loses dominance in Romania’s commercial real estate investment market
In the first three quarters of 2026, the value of commercial real estate investments reached EUR 654 million, above the volume recorded in the entire year 2025. Retail had the largest share (61%), followed by office buildings (33%) and the industrial-logistics sector (7%). “Bucharest attracted commercial real estate investments of approximately EUR 190 million between…
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Bucharest’s main North Railway Station looking for artists to restore mural
CFR, Romania’s state-owned railway company, is looking for artists to restore the mural at platform 14 at Bucharest North Railway Station (Gara de Nord). The project is themed “The History of Romanian Railways at North Railway Station” and aims to reinterpret more than 150 years of railway history through a public artwork, according to Mediafax.…
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Romania to get its first Radisson Blu thermal spa resort in Băile Felix
Winners First, a Romanian hospitality company and operator of Radisson Blu Hotel Cluj, announced the affiliation agreement for the country’s first Radisson thermal resort in Băile Felix. Romania’s only five-star thermal resort, currently operating under the name Lotus Therm Resort & Spa, will undergo a transformation process to align with Radisson Blu’s international standards, with…
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Bucharest Stock Exchange opens nominations for 2026 edition of flagship program BVB Arena
The Bucharest Stock Exchange launched the BVB Arena 2026 edition on Wednesday, October 14, targeting Romanian entrepreneurial companies with high growth potential and capital market readiness. Through its redesigned structure, the program aims to identify and select relevant companies while creating a structured framework for direct interaction with capital market professionals. The launch event was…