Category: Uncategorized
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Romania’s SocDem leader gets radical against PM Ilie Bolojan on magistrates’ pensions
Sorin Grindeanu, the interim leader of the Social Democratic Party (PSD), the largest in Romania’s ruling coalition, has attacked prime minister Ilie Bolojan whose resignation he asked unless a committee is set up with the participation of the Supreme Magistracy Council (CSM) and the High Court (ICCJ) on re-writing the magistrates’ pensions law recently rejected…
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Romania, Moldova go ahead with construction of new bridge over Prut river
The government of Romania approved the signing of an agreement and the establishment of a joint commission with the Republic of Moldova to coordinate all activities related to the construction of the new road bridge over the Prut river, in the Bumbata – Leova area, Profit.ro announced. Earlier this year, in April, the construction of…
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Cris-Tim IPO heavily oversubscribed on retail segment
After the IPO conducted by Romanian cold-cuts producer Cris-Tim was heavily oversubscribed on the retail segment during the first days (when a discount applied), the institutional investors have already covered their segment with offers – while the price has still not increased significantly above the lower-end bound, according to Profit.ro. Ziarul Financiar revealed an oversubscription…
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Romania’s telco Digi ups refinancing bond issue to EUR 600 mln
Romania’s telecom operator Digi Communications (BVB: DIGI) announced on October 23 in a note to investors that it has increased the bond issue initially announced at EUR 500 million to EUR 600 million, setting an interest rate of 4.625% per year and maturity in 2031. Most of the money will be used for refinancing. The…
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European Commission allows Romania to replace VAT gap milestone under PNRR
The Ministry of Finance confirmed in a press release that Romania has obtained the agreement of the European Commission to replace the milestone in the PNRR regarding the reduction of the VAT gap and has avoided a loss of up to EUR 1 billion in grants in 2026. Following negotiations between Alexandru Nazare, minister of…
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Romania’s construction activity returns to normal after July spike
The construction works volume contracted by 2.1% y/y in August after the unusually strong 40% y/y surge in July that could be attributed rather to accounting or other bureaucratic developments caused by the budgetary measures implemented by the government, according to data published by the statistics office INS. The seasonally-adjusted works volume index dropped by…
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Romania targets 2.4% of GDP fiscal consolidation in 2026, to 6% of GDP public deficit
Romania’s government estimates its public deficit to reach 8.4% of GDP under ESA methodology this year marking a 0.9 percentage points (pp) consolidation from 9.3% of GDP in 2024, and targets stronger, 2.4pp consolidation to a 6%-of-GDP deficit in 2026 under the progress report sent to the European Commission (EC) under the Excessive Deficit Procedure…
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Central Romania: Brașov introduces traffic lights that turn red for speeding drivers
The City Hall of Brașov, a popular mountain city in central Romania, announced the introduction of a new traffic safety system that uses radar-equipped traffic lights to stop speeding drivers automatically. When a vehicle is detected going over the legal speed limit, the light turns red for 10 seconds, forcing the driver to stop before…
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Bankable, connection-ready, and built to last: Enexus and LONGi share their formula for solar success
Romania’s solar sector is entering a decisive phase, balancing immense potential with persistent grid and permitting challenges. In this exclusive Romania Insider interview, Alina Ștefan, Chief Commercial Officer at Enexus, and Mirel Jarnea, Country Manager of LONGi România, discuss how their partnership is redefining solar investment and execution in one of Europe’s fastest-growing renewable markets.…
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CX Conference 2025 brought together over 200 professionals from 5 countries in Bucharest. Romania becomes a regional hub for Customer Experience
A snapshot of the CX market: aligning customer expectations with company strategies. Global and local CX leaders, strategy, HR and marketing specialists, as well as representatives of some of the most customer-centric companies in the region, gathered on October 14–15 at CX Conference 2025, an event organized by Customer Experience Romania, under the coordination of…