Category: Uncategorized
-
PPC secures EU funding to install 106 fast EV charging points in Romania and Greece
PPC blue, part of the Public Power Corporation (PPC) group, will install 106 fast and ultra-fast electric vehicle charging points along major European routes in Romania and Greece, after securing up to EUR 3.42 million in European Union (EU) funding. The project aims to improve travel conditions for EV users, passengers, and freight operators across…
-
Fifth of investors on Bucharest Stock Exchange exclusively bought Fidelis government bonds
One in 5 Romanians who invest in the Bucharest Stock Exchange bought Fidelis government bonds exclusively. The monthly issuance of government bonds helped push the number of investors to a new record, according to Profit.ro. The number of accounts registered with the 28 brokerage houses active on BVB reached approximately 306,000 investor registrations in the…
-
Press freedom at lowest level in 25 years, Romania ranked 49th out of 180
Press freedom has reached its lowest level in the past quarter-century, according to the announcement made by Reporters Without Borders on Thursday, April 30, as it launched its World Press Freedom Index. Romania is in 49th place in the ranking, up from 55th in 2025. According to RSF, in 2002, 20% of the global population lived…
-
Turkish Otokar signs deal to acquire Romania’s Automecanica and its Mediaș manufacturing facility
Otokar, Türkiye’s leading exporter of land systems and a key supplier to NATO and the United Nations, announced the signing of an agreement to acquire Automecanica S.A. and its production facility in Mediaș, Romania. The transaction, subject to regulatory approvals, marks a significant step in the company’s European industrial expansion. The agreement, signed on April…
-
Digital insurer Anytime launches full commercial rollout in Romania
Anytime, the digital insurance brand of Interamerican, and part of the Dutch financial group Achmea, started full commercial operations in Romania following its entry in 2025. The launch was marked in Bucharest during a special event attended by the local team, partners, and collaborators in Romania, alongside senior representatives. The event was hosted by Romanian TV…
-
Oscar-winning actor Cuba Gooding Jr. visits Bucharest site of new pediatric psychiatry hospital
Oscar-winning actor Cuba Gooding Jr. visited the construction site of the future “Prof. Dr. Alexandru Obregia” Pediatric Psychiatry Clinic in Bucharest, marking his direct support for one of Romania’s key mental health initiatives. The visit highlights growing international backing for the project led by the Metropolis Foundation, the organization said. The famous actor was joined…
-
EVERGENT Investments shareholders approved all proposals from the Board of Directors at the General Meetings
Record net result of 378 million RON in 2025 and an ambitious investment program for 2026 At the General Meetings of Shareholders of EVERGENT Investments, one of the largest investment funds in Romania by capitalization, the proposals on the agenda of the Extraordinary and Ordinary General Meetings of 29 April 2026 were approved. Shareholders approved…
-
Romanian PM says Liberals could stay in government after no-confidence motion, but not with PSD
The National Liberal Party (PNL) could remain in government after the no-confidence vote, but no longer alongside the Social Democrats (PSD), prime minister Ilie Bolojan said. The statement came as the Parliament prepares to vote on the no-confidence motion filed by PSD and far-right party AUR that is expected to bring down the current cabinet.…
-
Polish group Żabka reaches 204 Froo stores in Romania after 32 openings in Q1 2026
Polish group Żabka grew its local network of stores operated under the Froo brand to 204 after 32 openings in the first quarter of the year. In Q1, the group opened 435 new stores across Poland and Romania, bringing the network to 12,750 outlets at end-March 2026 (+11.3% YoY). The expansion is underpinned by 2,742…
-
Danish retailer Normal to open first local unit in Bucharest mall
Danish-owned discount retailer Normal will open its first unit in the country in the Bucharest mall Mega Mall, Profit.ro reported. The retailer sells an assortment that includes well-known brands within categories such as skin care, hair care, oral care, shampoo, makeup, and cleaning. All items are sold at fixed, low prices. Normal opened its first…