Category: Uncategorized

Fondul Proprietatea (BVB: FP) announced in a note to investors that three fund managers have submitted letters of intent to take over the management mandate of its assets, worth approximately RON 2.3 billion (EUR 460 million), by the deadline of March 15, 2026. According to information published by the fund, the three candidates are Franklin…

Romania’s energy group OMV Petrom (BVB: SNP) has delivered the first electrolyser module for the production of green hydrogen to the Petrobrazi refinery, which is to be installed and connected to the electricity grid, according to the company’s press release. The company said it is an important milestone in the construction of the new unit…

The Fiba Group of Turkey, which entered the Romanian market with the first shopping mall in the country back in 1997, announced plans to develop wind and solar power generation capacities as well as storage capacities with a total capacity of 500 MW, within five years, according to Ziarul Financiar. The first 200 MW in…

The works on Romania’s main motorway projects, Moldova’s motorway (A7) and Sibiu-Pitesti motorway (A1) that crosses the Carpathians, are reportedly gaining momentum with a larger number of workers involved and the pace of work advancing as the weather improves, according to Economedia.ro. The pace of work on one of the most difficult sections of the…

Since the outbreak of the conflict in the Middle East, there have been outflows of foreign currency from the Romanian market, and the National Bank of Romania has reportedly intervened with amounts of “billions of euros” to smooth exchange rate volatility and avoid amplifying pressures at an already sensitive time, according to dealers consulted by…

Although Romania has lowered the level of material and social deprivation over the past decade, concerns about daily food persist in many households, with 56% of respondents to a recent survey saying they had to skip meals, purchase cheaper products, or eat smaller portions in order to handle financial constraints. The survey was carried out…

More than 2,500 military personnel from Romania and 12 allied countries will participate in the multinational exercise Sea Shield 2026, set to take place in the Black Sea region between March 23 and April 3. The drill is the largest naval training event organized by the Romanian Naval Forces this year. Participating countries include Bulgaria,…

Romanian airline Dan Air said it decided to postpone the launch of several new European routes, citing a sharp increase in fuel prices driven by the conflict in the Middle East. The affected routes were initially scheduled to begin on April 1, 2026. The airline announced that flights to Barcelona, Madrid, Paris Beauvais, Valencia, and…

RetuRO data analysed by Every Can Counts shows a strong alignment between collection, sorting and recycling, with the aluminium drink can emerging as a key indicator of circularity. Global Recycling Day, marked annually on March 18, highlights the role of recyclable materials and the people involved in recycling, often referred to as “Recycling Heroes”. From…

Romania is preparing a new high-speed road connection to Bucharest’s Henri Coandă International Airport, also known as Otopeni Airport. The National Company for Road Investment – CNIR announced that it submitted the tender documentation for validation, marking the next step toward launching the public procurement process. The project involves the construction of a 2.55 km…