Category: Uncategorized

Shareholders of Purcari winery (BVB: WINE) placed offers to sell 21.1% of the total number of shares to the Polish group Maspex, on the first day of the takeover bid organised by the latter for 98.4% of the winery’s shares, according to Profit.ro. At the price promised by Maspex, the shares already promised by the…

Romania’s last operating fertilizers producer, Azomures, owned by Swiss Ameropa but eyed for takeover by Romgaz, resumed operation at 30% capacity after an outage of nearly one year caused by high raw material (natural gas) prices. At the beginning, the plant started producing ammonia, which is a precursor to the manufacture of complex fertilizers. Ameropa…

JW Marriott Bucharest Grand Hotel is delighted to introduce BBQ Nights at OLEA, a weekly culinary celebration that brings the soul of Levantine charcoal tradition to the heart of the city. Held every Thursday evening, the garden of OLEA is transformed into a vibrant, open-air grill terrace, where authentic Middle’teranean flavors meet refined hospitality under…

Square 7, part of the international property group M Core, has announced the development of a new M Park retail center in Orăștie, continuing its expansion strategy across Romania. The project is being built on a 23,000 sqm plot acquired in April 2024. Construction is already underway, with the opening scheduled for November 2025. The…

The Romanian Constitutional Court (CCR) unanimously rejected president Nicușor Dan’s challenge to a law seeking harsher punishment for fascist, legionary, antisemitic, or xenophobic materials. The law, which amends Emergency Ordinance no. 31/2002, will now proceed to promulgation. One of the most significant changes introduced by the legislation is the criminalization of distributing such content online,…

Romania’s Permanent Electoral Authority, or AEP, imposed fines totaling over RON 1.6 million (EUR 320,000) and confiscated more than RON 19.5 million (EUR 3.9 million) following audits of political party and campaign financing for 2024–2025.  The largest fine, EUR 40,000, was issued to former independent candidate Călin Georgescu, who violated several legal provisions, while the…

Romania’s Finance Ministry managed to attract RON 681.3 million and EUR 192 million (totaling RON 1.65 billion or EUR 326 million) through the sixth offering of government Fidelis bonds for retail investors. The new bonds were listed on the Bucharest Stock Exchange, an event marked on Thursday, July 17, at the BVB headquarters. According to…

A new Hilton Garden Inn hotel will open in Bucharest as part of the final construction phase of the EnVogue Residence – Iuliu Maniu project, the developer announced Thursday, July 17.  The hotel will be integrated into a two-section building, whose structure has already been completed, and will feature 125 rooms, a gym, restaurant, event…

The Bucharest Stock Exchange (BVB) has announced the semi-finalists for the 2025 edition of its flagship program, BVB Arena, which aims to highlight ambitious Romanian entrepreneurial companies capable of driving the national economy. From an impressive initial pool of 485 valid nominations, the Nomination Committee selected 50 semi-finalist companies representing diverse sectors, including IT&C, trade,…

Romanian president Nicușor Dan will pay an official visit to Berlin, Germany, on Friday, July 18, the Presidential Administration announced. The visit, taking place at the invitation of German president Frank-Walter Steinmeier, includes official talks with both president Steinmeier and German chancellor Friedrich Merz. President Dan will also meet with German business leaders and representatives…