Category: Uncategorized

Hidroelectrica (BVB: H2O), the majority state-owned hydropower energy producer that ensures a large part of Romania’s electric energy, has signed the contract for a non-reimbursable financing worth RON 43.37 million obtained through the Modernisation Fund for the largest battery storage project developed by the company to date. The implementation of the project leverages the existing…

Romania’s “Carpathian Vipers” F-16 detachment, deployed in Lithuania for NATO Enhanced Air Policing missions, monitored a formation of Tu-22M3 bombers, escorted by Su-35S aircraft, flying over the Baltic Sea.  According to the Ministry of National Defence, the Romanian aircraft carried out an identification and monitoring mission of the Russian formation, which operated in international airspace.…

The National Company for Road Investments CNIR said it awarded the contract for the final section of the A8 (Union) motorway, marking a key milestone for one of Romania’s most important infrastructure projects. The segment will also include the first motorway connection across the Prut River into Moldova. “We are achieving a milestone for the…

Romania ranks among the lowest countries in terms of education spending per student, allocating around USD 7,200 annually, far below the OECD average of approximately USD 15,000, according to data from Visual Capitalist based on the OECD’s Education at a Glance 2025 report. The figures highlight a significant gap between Romania and higher-spending nations, particularly…

The takeover of Romanian fertiliser producer Azomures by the state-controlled gas company Romgaz has advanced, according to state secretary Cristian Buşoi, who mentioned an offer with a still confidential value. Furthermore, Romgaz (BVB: SNG), a company listed on the Stock Exchange, has not had an official communication on this subject. Azomures is currently held by…

OMV Petrom (BVB: SNP) and RNV Infrastructure announced that three wind projects, with a total installed capacity of approximately 300 MW, are entering the execution phase after the adoption of the Final Investment Decision (FID), according to an OMV Petrom note to investors. The projects already have the necessary permits, and production is estimated to…

The general government budget deficit in Romania narrowed to 1% of GDP in the first quarter of the year, compared to 2.28% in the same period of 2025, finance minister Alexandru Nazare announced on April 22. Official data will be released after April 25. This robust Q1 budget execution creates the conditions for this year’s…

The large event that turns downtown Bucharest into pedestrian areas returns this weekend, when numerous music, film, and art events are also taking place. In Bucharest: Open Streets April 25 – October 11 For 25 weekends, the capital’s central area will host various concerts, shows, parades, workshops for children, sports activities, and guided tours. Calea…

The 2026 edition of the Tour of Romania will make history by starting outside the country for the first time, with the official launch set to take place in Chișinău, the Republic of Moldova. The move marks a new chapter for one of the most important cycling competitions in Southeast Europe.  The organizers announced that…

Subway fares in Bucharest will increase starting May 1, with a single journey set to cost RON 7 (some EUR 1.4), up from the current RON 5. The decision was approved by the Transport Ministry following a request from Metrorex. The new pricing structure was signed off by transport minister Ciprian Șerban, who confirmed the…