Category: Uncategorized

Cinema revenues in Romania reached a record EUR 63 million in 2025, marking a 16% increase compared to the previous year (in US dollar terms), according to a report by Colliers. The growth reflects a broader shift in consumer behavior, with Romanians increasingly prioritizing affordable leisure activities amid economic pressures. The report showed that spending…

Romanian vlogger and entrepreneur Andrei Șelaru, better known as Selly, is launching the Nibiru project, an entertainment complex in the seaside resort of Costinești with a mall, amusement park, event hall, and nightclub, on July 16, 2026. Developed as an entertainment city, Nibiru will operate this summer with events, concerts, shows, and other activities scheduled…

The leaders of the Social Democratic Party (PSD), the largest in the country’s ruling coalition, decided in a meeting of the National Permanent Bureau on March 23 that the party will decide on whether to remain in the ruling coalition, as well as its sentiments towards prime minister Ilie Bolojan and the reformist ruling partner…

The Romanian government is preparing a potential full takeover of the Damen Mangalia shipyard (where it already holds 51%), with plans to convert it into a military production facility financed through the EU’s SAFE mechanism and potentially involving German defence group Rheinmetall, according to Bursa.ro. Damen Mangalia was previously managed by Damen group (49%), which…

OMV Petrom (BVB: SNP), which owns 50% and is the operator of the Neptun Deep offshore natural gas concession, the largest in the Romanian Black Sea, has begun submitting the necessary documents for the approval of a new exploration drilling on the perimeter, named Cormoran West, according to Profit.ro. Cormoran West is planned for 2027,…

Bogdan Ivan, the minister of energy, stated that at this moment there is no liquidity problem on the Romanian fuel market, and assured that there will be no restriction enforced for the quantity of fuel sold to the population. “At the moment, there is no question of limiting the quantities of fuel to the population.…

Reconstruction works on the Unirii Square concrete slab in central Bucharest have reached nearly 50% completion, District 4 mayor Daniel Bǎluțǎ announced, with progress running ahead of the initial schedule. The project targets the full replacement of the deteriorated structure, a key piece of infrastructure in one of the city’s busiest areas. According to mayor…

The Isaccea-Vulcănești overhead power line, through which Romania exports electricity to Moldova, has been disconnected on the night of March 23 around 19:00, following attacks on energy infrastructure in southern Ukraine that the power line is connected with, announced energy minister Dorin Junghietu, according to Newsmaker.md. The power line crosses the territory of Ukraine and…

Digi Communications (BVB: DIGI), through its Fiber One subsidiary in England, will begin providing fixed internet services in the counties of Bedfordshire and Hertfordshire in the near future, according to a note to investors. The company informed investors that it has taken the initial steps to enter the telecommunications market in the United Kingdom.  On…

The Romanian reformist party Save Romania Union (USR) and Liberal Party (PNL) have both adopted on March 23 motions in support of the political stability of the ruling coalition, but warned the Social Democratic Party (PSD) “not to make Romania vulnerable” and announced PSD’s decision to pull out of the ruling coalition is a one-way…