Category: Uncategorized
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Technical investigation confirms Russian origin of drone that crashed into Galați apartment block, president says
Romanian president Nicușor Dan said on Sunday, May 31, that a technical investigation has conclusively determined that the drone that crashed into a residential building in Galați last week was a Russian-made Geran-2. The findings will be shared with Romania’s allies in NATO and the European Union, he added. The statements came days after a…
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Romania to close Russian Consulate in Constanța and expel consul after Galați drone crash
Romania will close the Russian Consulate General in Constanța and expel its consul general following the crash of a Russian drone into a residential building in Galați, president Nicușor Dan announced on Friday, May 29. The decision was taken after a meeting of the Supreme Council of National Defence (CSAT), convened in response to what…
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Premier Energy Romania reports 12% revenue growth in Q1 2026
Premier Energy (BVB: PE), a major vertically integrated utility and infrastructure company in Southeastern Europe, reported normalized revenue of EUR 536 million (+12% YoY) and normalized EBITDA of EUR 52 million (+23% YoY) in Q1 of 2026. On a reported IFRS basis, revenue amounted to EUR 519 million, a 7% increase year-on-year, while adjusted EBITDA…
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Central Romania: Brașov-Sfântu Gheorghe metropolitan train receives Transport Ministry approval
The metropolitan train connecting Brașov and Sfântu Gheorghe received a necessary approval from the Ministry of Transport, according to an announcement made on Thursday, May 28. The order regarding the establishment of a partnership between the Brașov County Council and state-owned national railway operator CFR for the implementation of the metropolitan train project in Brașov…
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The Central University Library “Carol I” hosted the National Public Health Conference
Health education and access to validated information are essential, especially in the context of public data showing the deterioration of Romanians’ health status The Central University Library “Carol I” hosted the National Public Health Conference – “From the Burden of Disease to the Real Value of Collaboration. How Do We Rebuild a Healthcare System Centered…
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Romanian tour operator Christian Tour successfully closes IPO
Christian Tour, one of the leading tourism operators in Romania, announced the successful closing of its initial public offering, carried out between 21 and 28 May 2026, at a final price of RON 1.895 per share, raising roughly RON 149 million, of which RON 121.8 million were gross proceeds to the company through the share…
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Romania returns to Madrid Book Fair with national stand and literary events
Romania takes part in the 85th edition of the Madrid Book Fair with a national stand and an extensive literary program featuring some of the country’s best-known authors. The event, one of Europe’s most prestigious book fairs, is held between May 29 and June 14 in the Spanish capital. Romania’s participation is organized by the…
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Bucharest leads Romania in old versus new apartment price gap, analysis shows
Among all cities in Romania, the capital has had the largest price difference between old and new apartments, with old homes being EUR 520/sqm more expensive than new ones, according to an analysis released on Thursday, May 28, by real estate platform Storia. Bucharest’s old homes were priced at EUR 2,535/sqm, while new homes stood…
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Romanian developer IULIUS opens its first coworking space in Timișoara office hub
Romanian real estate developer IULIUS opened its first coworking space in Timișoara, expanding its office portfolio with a flexible workspace concept aimed at freelancers, entrepreneurs, and small teams. The new facility is located in the United Business Center (UBC) 1 building within the Iulius Town mixed-use development. Called IULIUS Workhub, the coworking space covers 1,000…
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Eleven soldiers injured after road accident involving armored personnel carriers in Romania
Eleven soldiers required medical care after three Piranha 5 armored personnel carriers part of a military convoy from the 813th Infantry Battalion collided on Thursday, May 28, in Sălaj County, on DN 1C. According to representatives of the military unit, the cause of the accident was the failure to maintain the regulatory distance between vehicles.…