Category: Uncategorized
-
Romanians buy more state bonds, particularly denominated in euros, in July
The Ministry of Finance raised about RON 1.31 billion through the Fidelis bond issue carried out between August 7 and 14, double the RON 659 million raised in July, preliminary subscription data showed. Some RON 423.5 million were subscribed for the lei tranches, compared to RON 202.6 million in July, Ziarul Financiar reported. The most…
-
Romania’s Romgaz posts 3.4% stronger net profit in H1 on tax, regulatory effects
Romanian natural gas producer Romgaz (BVB: SNG) reported its net profit rose 4.7% y/y to RON 762.7 million (EUR 145 million) in Q2, while turnover fell 6.6% to RON 1.75 billion. Gross profit decreased by 8.3% to RON 796.6 million, while EBITDA fell 13.5% y/y to RON 864.6 million. The decline in operating profit was…
-
Romania shoots down fourth Russian drone on national territory
A drone entered the national airspace on the morning of August 16 from the Republic of Moldova, approximately 24 km north of Galati, the Ministry of Defence (MApN) announced, adding that the drone was shot down. Republic of Moldova confirmed that the drone was of type Shahed 138 (Geran 2) and it crossed its national territory…
-
Romanian swimmer David Popovici claims third European 200m freestyle title after 100m triumph
Romanian swimming star David Popovici has won the 200m freestyle race at the European Aquatics Championships in Paris, his third consecutive European title in the event. The win on August 14, following the August 12 gold in the 100m freestyle race, makes him the only athlete to have won both races at three consecutive editions of…
-
Romanian executive to submit fifth payment request under Recovery and Resilience Facility
The Romanian government is set to submit the fifth payment request under the EU-backed Recovery and Resilience Facility, or PNRR, according to an announcement from European Investments and Projects minister Dragoș Pîslaru. Payment no. 5 is worth EUR 2.84 billion, and is the penultimate request that Romania will submit within the PNRR. Once approved, the…
-
Romanian telco Digi reports 10% higher revenues in Q2 2026
Romanian telecommunications company Digi (BVB: DIGI) reported consolidated revenues of EUR 608 million in the second quarter of 2026, representing an 11% YoY increase. Adjusted EBITDA (ex. operating leases) for Q2 2026 increased by 23% compared to the result from Q2 2025, reaching EUR 169 million. Consequently, in the first semester of 2026, the group…
-
Drone crashes in Romania’s Tulcea County
A drone crashed on Friday, August 14, in the area of Luncaviţa, a locality in eastern Romania’s Tulcea County, about five kilometers from the border with Ukraine, the Defense Ministry (MApN) announced. The drone crashed in a wooded area and caused no casualties, according to preliminary information provided by MApN. The drone was not detected…
-
Raiffeisen Bank Romania issues a new series of bonds denominated in RON
Raiffeisen Bank, one of the largest banks in Romania, issued on August 13, 2026, a senior preferred eligible bond issue maturing in 2033, with a total value of RON 750 million. The tranche represents the bank’s 0th series of eligible bonds, the financial institution informs through a statement sent to Economica.net. The bond issue was…
-
Romanian nuclear plant operator SNN sees net profit soar 36.6% before shutdown
In the first six months of 2026, Romania’s Nuclearelectrica (BVB: SNN), the operator of the country’s sole nuclear energy plant, obtained a net profit of RON 1.18 billion (EUR 225 million), up 36.6% compared with the same period last year, according to the company’s financial report published on the Bucharest Stock Exchange. Operating profit increased…
-
Central Romania: EBRD extends EUR 120 mln loan for PV plant, battery system near Brașov
The European Bank for Reconstruction and Development (EBRD) announced on Friday, August 14, that it has extended a financing package of up to EUR 120 million for the development, construction, and operation of Econergy’s Părău 2 project in Romania. The project includes a 342 MW solar photovoltaic plant and a 150 MW/300 MWh battery storage…