Category: Uncategorized
-
Wizz Air launches 25 new routes in Romania for 2025–2026 winter season
Low-cost carrier Wizz Air has kicked off the 2025–2026 winter season with its most extensive network expansion of the year, introducing 25 new routes from six Romanian airports. Between October 26 and 29, the airline said it is launching flights from Bucharest, Cluj-Napoca, Craiova, Iași, Brașov, and Sibiu to destinations across 17 countries. From Bucharest…
-
Romania’s top judicial bodies reject involvement in magistrates’ pension bill
Romania’s High Court (ICCJ) and the Supreme Council of Magistracy (CSM) have both de facto refused to participate in consultations on the government’s draft law regulating magistrates’ pensions, according to Digi24. The statements issued by both ICCJ and CSM indicate no commitment on their part to contribute to the rewriting of the law in such…
-
Real estate developer Nusco floats bonds with 9% coupon at Bucharest Exchange
Nusco Imobiliara, a Romanian real estate company that develops housing, offices, commercial spaces, and hotels, listed on October 28 on the Multilateral Trading System of the Bucharest Stock Exchange, the first issue of guaranteed corporate bonds, with a total value of RON 25 million. The NUSCO28 bonds, totaling 250,000 units, have a fixed interest rate…
-
Romanian hydropower producer Hidroelectrica reports 75% reservoir capacity ahead of winter
Romanian hydropower producer Hidroelectrica enters the cold season with its water reservoirs filled to over 75% capacity, a higher level than a year ago, Radu Constantin, Chief Administrative Officer of the company, said at the 14th Energy Forum organized by DC Media Group, Bursa.ro reported. Constantin said the company is reinforcing its role in guaranteeing…
-
EC’s Valdis Dombrovskis urges Romania to stay on fiscal consolidation path
European Commissioner for Economy and Productivity Valdis Dombrovskis said in Bucharest on October 28 that Romania must adhere to its fiscal consolidation trajectory to ensure market stability and continued access to European funds. He spoke alongside Romanian Prime Minister Ilie Bolojan at a joint press conference. “The scope and nature of the measures taken correspond…
-
Romania’s Romgaz issues EUR 500 mln FX bond to finance offshore gas project Neptun Deep
Romanian natural gas producer Romgaz (BVB: SNG) launched a EUR 500 million bond with a maturity of six years and a fixed coupon on October 28. This is Romgaz’s second exit on the external capital markets, after the success of the previous EUR 500 million issue, with a five-year maturity, in October 2024. Both bonds…
-
Romanian PM Ilie Bolojan nominates Dăruiește Viață co-founder Oana Gheorghiu as deputy prime minister
Prime minister Ilie Bolojan has proposed Oana Gheorghiu, co-founder of the Dăruiește Viață Association, for the position of deputy prime minister, according to a government statement released on Tuesday, October 28. The nomination has been formally submitted to president Nicușor Dan for approval. Oana Gheorghiu is best known for co-founding Dăruiește Viață, a non-profit that…
-
Romania takes first step to increase penalties for violating protection orders
The Romanian Senate adopted a draft law that automatically extends provisional protection orders and increases penalties for violating them on Monday, October 27. A total of 120 votes were recorded in favor. The bill extends provisional protection until the resolution in the first instance of the request for it, amending Law no. 217/2003 on preventing…
-
Romanian drone manufacturer BraveX.Aero enters partnership with German company to develop autonomous drone swarms
BraveX Aero, a Romanian manufacturer of fixed-wing, long-range drones, announced on Tuesday, October 28, the signing of a strategic partnership with Germany’s Uniq Things UG, a technology company specializing in autonomous coordination and software for drone swarms. The technology allows for the simultaneous deployment of multiple drones, contributing to increased information and response capabilities for…
-
First edition of “Halloween in the Citadel” in Sighişoara takes place this weekend
The medieval citadel of Sighişoara, in central Romania, will host the first edition of the “Halloween in the Citadel” festival. The event will take place this weekend, between October 31 and November 2. The entire city center will be decorated in the spirit of Halloween with the ocassion. The towers and historic houses inside the…