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Romanian prime minister Ilie Bolojan said responsibility for reductions to the High Court’s budget lies with parliament rather than the government, amid a legal dispute over funding. The High Court of Cassation and Justice (ICCJ) has filed a preliminary complaint seeking additional funds and asking the Bucharest Court of Appeal to compel the government and…

The Romanian state-owned airline Tarom has resumed the selection procedure for the position of general manager, following the departure of Costin Iordache at the beginning of 2026. The position is temporarily occupied by Bogdan Costaș, and the recruitment process aims for a mandate in a context marked by managerial instability.  The new CEO will become…

Sofmedica, a provider of advanced medical technologies in Central and Southeastern Europe, has expanded its operations into Slovenia, marking its seventh market in the region, the company said in a statement. The expansion will initially focus on the deployment and support of da Vinci robotic-assisted surgery systems, as Sofmedica seeks to build on an existing…

Romania’s prosumers reached an annual generation capacity of 4.42 GWh, which accounts for nearly 9% of last year’s total electricity production reported by the statistics office, thanks to an installed capacity of 3.4 GW and 800 MW of storage capacity, according to the Association of Prosumers and Energy Communities (APCE).  The prosumers, 305,000 at this…

The Chinese industrial conglomerate Sany Group intends to develop in Romania and invest over EUR 1 billion in the largest hybrid energy project in Europe, according to Profit.ro. A group’s subsidiary registered in Singapore has already signed a memorandum to this effect with a Romanian partner. The EUR 1 billion Timis Sany project will be…

Prime minister of Romania, Ilie Bolojan, announced on March 30 in an interview with Digi24 that the government will reduce the excise duty on fuel in the coming period to support buyers. The final decision will be taken by the end of the week and applied next week, in parallel with other interventions already taken…

Romania is set to receive a closely watched sovereign rating review from S&P Global Ratings on April 3, a key event for the country’s economic outlook this spring. While analysts expect no change to the current rating or outlook, attention is focused on the agency’s assessment of rising fiscal and external risks, according to data…

Major companies listed on the Bucharest Stock Exchange are expected to distribute lower dividends in 2026, reflecting weaker profits and a more cautious outlook amid external uncertainties, according to data compiled by Ziarul Financiar. Aggregate dividend payouts from firms included in the benchmark BET index are projected to total around RON 11 billion (EUR 2…

Romania is likely to face a more difficult economic year in 2026 than previously expected, prime minister Ilie Bolojan said, citing global instability and rising prices linked to tensions in the Middle East. He warned that higher costs could lead to a mild economic contraction. Speaking on Digi24, as quoted by Agerpres, Bolojan pointed to…

Romania has launched the design phase for an additional 64 km of the A8 Târgu Mureș-Târgu Neamț motorway, marking a key step in connecting the regions of Transylvania and Moldova. The move brings the entire mountainous section between Sărățeni and Pipirig into the design stage, transport minister Ciprian Șerban said. The contracts, managed by the…