Category: Uncategorized
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Bucharest Exchange-listed Purcari announces second acquisition this year
Bucharest Exchange-listed Purcari Wineries (BVB: WINE), one of the leading wine groups in Central and Eastern Europe, on April 3 announced that its Romanian subsidiary, Crama Ceptura, has signed an agreement to acquire 100% of the share capital of CaraprodVin, a wine producer from Vârteşcoiu commune, Vrancea County. The move marks Purcari’s expansion in the…
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Renalfa Power Clusters acquires PV plant and BESS system in western Romania
Renalfa Power Clusters, a recently formed joint venture between the Vienna-based clean energy and electric mobility investment group Renalfa Solapro Group and the Paris-based investment management company Rgreen Invest, through its Infragreen equity funds, has acquired a PV plant and a BESS system in western Romania, with plans to combine and expand the project, which…
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Romania rises yields of state bonds sold to households in April
Romania’s Ministry of Finance announced the yields of the 1, 3, and 5-year bonds sold to households under the Tezaur scheme in April – when the coupons attached to the 3 and 5-year papers will rise by 0.5pp compared to March, at 7.00% and 7.50% respectively. The 1-year bonds will pay 6.5% yield, compared to…
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S&P affirms Romania’s investment-grade rating, but also its negative outlook
International rating agency S&P on April 3 affirmed Romania’s BBB- sovereign rating, but also its negative outlook, sketching a scenario of steady medium-term fiscal consolidation for this year and beyond – which would keep the growth rate subdued this year (0.25%) but correct the external deficit in the coming years. Nevertheless, S&P warned of the…
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Romania’s former presidential candidate Călin Georgescu released from judicial supervision in legionary propaganda case
A Romanian court has lifted the judicial control measure imposed on former presidential candidate Călin Georgescu, ending more than 14 months of restrictions. The decision, issued by the Bucharest Tribunal late last week, is final and comes as the case in which he is accused of promoting legionary ideology moves forward in court, News.ro reported. The…
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Bucharest local authorities vote to establish “climate shelters” to counter extreme heat, cold
The General Council of Bucharest approved on Thursday, April 2, the establishment of a network of “climate shelters.” The areas will be set up in public spaces and spaces belonging to private entities, where people will be able to take shelter free of charge during periods of heatwaves or frost. According to the adopted document,…
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Romania receives 24th favorable opinion out of 25 needed to join OECD
Romania has obtained the 24th favorable opinion out of the 25 required to join the Organisation for Economic Co-operation and Development (OECD), according to an announcement by the Ministry of Foreign Affairs. The formal opinion was adopted by the OECD’s Investment Committee on Thursday, April 2. The evaluation of the Investment Committee represents one of…
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Romania awards section of SAFE-financed A8 highway to Spanish constructor
Romania’s National Road Investment Company, or CNIR, awarded a section of the A8 highway to Spanish constructor FCC Construcción, according to an announcement made on Friday, April 3. The contract is for the design and execution of section 3 of the Târgu Neamț (Moțca)–Iași–Ungheni Highway, a project financed through the EU-backed SAFE Program. According to…
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Romania’s Competition Council greenlights courier Sameday takeover of competitor Cargus
The Competition Council, the government body tasked with protecting and stimulating competition in Romania, announced on Thursday, April 2, that it has authorized Cargus’ takeover by courier company Sameday. The latter is owned by the company that operates eMag, Romania’s largest online commerce platform. The acquisition unites two major courier companies in Romania. Following its…
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Romania’s M&A market reaches EUR 2.9 bln in Q1 2026, its best quarter in two years
Romania’s M&A market recorded its best quarter in two years in Q1 of 2026, reaching a cumulative value of EUR 2.9 billion, three times higher than the first three months of last year, according to an analysis by PwC Romania. Data from the first quarter of 2026 indicates a revival of activity in the Romanian…