Category: Uncategorized
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Romanian Environment Ministry brings its rooftop solar panels back online
Romania’s Environment Ministry announced that it brought its rooftop photovoltaic system back into operation after several years of inactivity. The installation has a capacity of 30 kWp and is expected to generate approximately 36,000 kWh of electricity annually. Interim environment minister Diana Buzoianu said the building was first fitted with solar panels in 2014. “Today,…
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US ambassador to Greece Kimberly Guilfoyle resigns amid misconduct allegations and Romania controversy
Kimberly Guilfoyle, the United States ambassador to Greece who allegedly pressured Romania and other Balkan states to purchase liquefied natural gas from the US through Greek intermediaries via the Vertical Corridor, resigned on Tuesday, October 13. In a message published on X, Guilfoyle said that serving as US ambassador to Greece was “the honor of…
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EY: Romania’s M&A market rises 33% y/y to USD 7.1 bln in Jan-Sep, but slows down in Q3
The value of transactions for which consideration was disclosed rose by 39% y/y to USD 4.1 billion, Cursdeguvernare.ro reported. Approximately 60% of this amount was concentrated in three major deals announced in the first half of the year: Pavăl Holding’s acquisition of Carrefour Romania for USD 977 million, Premier Energy’s takeover of Evryo Group for…
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Real wages steady in Romania in August as inflation eases, 2027 advance problematic
This marked a visible improvement from the 2.5% real contraction in July and the 5%–6% decline in real net wages recorded during the first part of the year compared with the same period of 2025. In nominal terms, the average net wage reached RON 5,688 in August, equivalent to EUR 1,083, up 1.9% y/y in…
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European Commission approves Tenaris acquisition of Romania’s Artrom
The European Commission announced on Tuesday, October 13, that it approved Tenaris’s acquisition of sole control over Romanian company Artrom Steel Tubes under the EU Merger Regulation. The transaction was examined through the Commission’s standard merger review procedure. “The Commission concluded that the notified transaction would not raise competition concerns, given that credible competitors would…
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Romanian president welcomes Ukraine’s law on education rights for ethnic minorities
A few days earlier, three organisations representing Romanian citizens in Ukraine had sent a memorandum to the authorities in Bucharest, calling for urgent intervention with the authorities in Kyiv to amend the recently adopted law on the educational rights of national minorities, G4media.ro reported. The new provisions strengthen the legal framework for education in minority…
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PSD-centred minority government emerges as possible scenario in Romania
The scenario gained traction after Dan reportedly informed party leaders that he could move to dissolve Parliament as early as Friday, October 16, unless lawmakers invest a government beforehand. Niculescu plans to seek Parliament’s investiture on October 15, irrespective of the outcome of negotiations with the political parties. According to Digi24, Dan is considering diplomat…
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How to Web 2026 brings tech leaders and investors to Bucharest to discuss AI and startup growth
How to Web Conference 2026, a leading startup and technology conference in Eastern Europe held annually, brought together technology leaders, investors, startup founders, business professionals, and representatives of European institutions and the public sector in Bucharest from October 6 to 8. With the theme “What will you build when you can build anything?” the event…
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Cushman & Wakefield Echinox: Romania delivered more than 636,000 new homes over past decade, above several European markets
More than 636,000 homes were completed in Romania between 2016 and 2025, equivalent to almost 33 new homes per 1,000 inhabitants, according to an analysis by Cushman & Wakefield Echinox based on housing completion data compiled for the 2016-2025 period. This compared with 33.6 in Germany, 34.4 in Slovakia and 31.5 in Czechia. Residential construction…
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Bucharest Tribunal grants Călin Georgescu house arrest in EUR 1.1 mln fraud case, ruling subject to appeal
The Bucharest Tribunal approved on Tuesday, October 13, the request submitted by former presidential candidate Cǎlin Georgescu to replace pretrial detention with 30 days of house arrest. The ruling is not final and will take effect only if upheld following the appeal period, Agerpres reported. Judicial sources cited by the news agency said Romania’s organized…