Category: Uncategorized

President Nicușor Dan has asked the political parties to meet frequently in the coming period to reach an agreement regarding a majority supporting a new government. The president did not put forth a timeframe for when a new government might be put in place. “I want us to have a new government with full powers.…

A powerful overnight storm caused widespread flooding and damage across the Bucharest area, disrupting road and subway traffic, toppling hundreds of trees, and leaving one person dead. Authorities said emergency services had received nearly 2,000 calls by Wednesday morning, July 1, with hundreds of incidents still awaiting response. The Department for Emergency Situations (DSU) said…

Utility group Electrica (BVB: EL) received the technical grid connection permits for 17 new battery energy storage projects – BESS, with a total capacity of approximately 700 MWh, the company announced in a note to investors and the capital market quoted by News.ro. The projects are scheduled to become operational by the end of 2027.…

Bulgarian ceramic tile manufacturer Izida Ceramica has opened a Romanian subsidiary. The company aims to become one of the top three players in the Romanian market in less than three years, it said, quoted by Profit.ro. Established in 1894 near Sofia, the company has undergone significant modernization in recent years through investments exceeding EUR 30 million…

The Macroeconomic Confidence Indicator of the CFA Romania Association fell significantly, by 7.7 points, in May, reaching a value of 30.5 points, below the neutral 50-point benchmark. The current conditions indicator decreased by 9.3 points to 23.4 points, while the expectations indicator declined by 6.8 points, reaching 34 points. “Amid risk aversion, driven by both external…

Eli Lilly and Company has appointed Sebastian Iovan as general manager for Romania Cluster.  He will coordinate, starting July 1st, 2026, the company’s commercial, medical, and operational activity on the markets of Romania, Bulgaria, Serbia, Croatia, Slovenia, and Bosnia and Herzegovina. Sebastian Iovan is a medical doctor from Cluj-Napoca who has a Master of Science…

Qualysoft Romania ended 2025 with a EUR 7.89 million turnover, up 54% compared to 2024, when the local business stood at EUR 5.12 million. At the same time, the team in Romania reached 119 software engineers, an increase of approximately 45% compared to the previous year. The results reflect the expansion of local and international…

The first batch of photovoltaic panels, part of a total of approximately 800,000 panels, for the four solar parks currently under construction in the localities of Ișalnița, Tismana and Rovinari, has arrived in the country, energy producer OMV Petrom announced. The four parks have a total capacity of approximately 550 MW. OMV Petrom and CE Oltenia…

Prosecutors from Romania’s Directorate for Investigating Organised Crime and Terrorism (DIICOT) carried out dozens of searches on Tuesday, June 30, in a case involving a network accused of exploiting, over the past six years, hundreds of vulnerable or mentally ill people in Bihor County, western Romania. According to DIICOT, over 2,200 vulnerable persons passed through…

Products purchased online by individuals in Romania from platforms outside the European Union will become more expensive starting July 1, following the introduction of a EUR 3 customs duty for each item in packages with a value of up to EUR 150.  The new tax is added to the RON 25 logistics fee per package,…