Category: Uncategorized

OMV Petrom  (BVB: SNP), the largest company listed on the Bucharest Stock Exchange and the main oil and gas producer in Romania, recorded mixed results in the first nine months of 2025, with revenues slightly increasing but profits declining compared to the previous year, according to a research note of Tradeville brokerage house published by…

Romanian cold cuts and ready-made meals producer Cris-Tim Family Holding (BVB: CFH) announced the allocation of the shares put up for sale under the IPO at Bucharest Exchange, and the company’s CEO Radu Timis Jr. announced that a broad range of institutional investors, including the European Bank for Reconstruction and Development (EBRD), became shareholders. “Cris-Tim…

The government of Romania, the main creditor of the integrated steel mill Liberty Galati, part of the Liberty Steel group but currently under pre-insolvency procedure, agreed with the sale of the company’s core assets separately, according to Ziarul Financiar, citing the independent manager of the company set under the pre-insolvency procedure, Remus Borza. The executive…

There are several contenders for Lukoil’s Petrotel refinery in Romania, including Shell and Orlen, according to Valeri Andrianov, a senior lecturer at the Financial University, an institution subordinate to the government of Russia, cited by Economica.net in the context of the Russian company announcing its decision to sell its foreign assets following the US sanctions.…

The Bucharest General Council has unanimously approved an implementation protocol for the Bucharest–Ilfov Green Belt on Thursday, October 30, marking a key step toward integrating nature and sustainable development across the capital region. The protocol, signed between the City Hall, represented by city manager Lucian Judele, and the Green Belt Foundation (Fundația Centura Verde), represented…

The first edition of the event “Energy for Romania ”, organized by the Electrica Group and the Electrica Foundation, took place at Hala Filaret, the site of the first power plant in Bucharest. It brought together over 150 participants, including representatives from the public authorities, leaders from the energy sector, the capital market, academia, and…

Andrei Găluț, the lead singer of the band Goodbye to Gravity, which was on stage when the fire broke out in the Colectiv club on October 2015, launched a new project honoring the victims of the tragedies that have marked Romania over the past decade. The Memento Project, created as a charitable project together with…

71% of people worldwide support Deposit Return Schemes (DRS), with trust at record highs, paving the way for circular systems that keep infinitely recyclable materials like drink cans in the loop. ●      Romania is among the fastest DRS adopters, with 9 in 10 people participating and 77% supporting the system. ●      71% of Romanians feel…

Romania’s construction sector accounted for almost 8% of GDP over the past four quarters, the highest share across the entire European Union, according to Eurostat data analysed by investment company Colliers. This level is well above the EU-27 average of 5%. Moreover, Romania recorded the second-fastest post-pandemic growth in construction activity within the European Union, according…

Romanian women who went abroad to work found it disproportionately harder to find work in their country compared to the men, according to data from a European study conducted by Save the Children Romania. Parents in the study sample have been abroad for an average of six years, both mothers and fathers, and 67% of…