Category: Uncategorized
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Romania to fund projects worth EUR 3.5-4 bln through EU-backed SAFE program by end-May
Romania’s Economy and Defense ministries will fund projects worth EUR 3.5 to 4 billion through the EU-backed Security Action for Europe (SAFE) program. The contracting section of the program will be partially concluded at the end of May this year. The two ministries, headed by reformist ministers part of the center-right Save Romania Union (USR)…
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Survey: 6 in 10 Romanians see renewables as key to energy independence
A majority of Romanians view renewable energy as the main solution for the country’s energy independence, according to a new survey commissioned by Greenpeace Romania. The study showed growing support for expanding domestic green energy production and reducing reliance on imports. The survey, conducted by Ipsos in February 2026, found that 60% of respondents consider…
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Romania sends drinking water to Moldova amid Dniester River pollution
Iași City Hall, in eastern Romania, announced that it has sent a humanitarian convoy of tankers with drinking water to Bălți, the second-largest city in the Republic of Moldova. The latter witnessed massive levels of pollution on the Dniester River following Russian strikes on the Novodnestrovsk Hydropower Complex. The complex is located about 15 km…
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Romania’s households allocate third of Fidelis state bond placements to 10-year EUR issue in March
The volume of state bonds sold by the Romanian Treasury in March was, to a significant extent, supported by the households’ preference for long-term bonds denominated in foreign currency. The 10-year issue denominated in euros, with a 6% coupon, attracted EUR 92 million, the equivalent of RON 467 million, or more than a third of…
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‘1 Minute Orchestra’ challenges Romanian students to turn recycled packaging into music
Romania’s national music education program BeatAgora has launched 1 Minute Orchestra, an online contest encouraging students to create music using recyclable packaging. The initiative, developed in partnership with RetuRO – the administrator of the Deposit Return System SGR, aims to combine creativity with environmental responsibility. The competition, hosted exclusively on Instagram, invites young participants to…
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Oscar-winning director Natalie Musteață to open American Independent Film Festival in Bucharest
Oscar-winning director Natalie Musteață will open the 10th edition of the American Independent Film Festival in Bucharest, scheduled to take place between June 5 and 7. The Romanian-born filmmaker will also present her award-winning short film, Two People Exchanging Saliva, to local audiences. Musteață, who recently won the Academy Award for Best Live Action Short…
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eYou raises €300,000 to build a Europe-first social media platform that fact-checks posts in real time
A new European social media platform, designed to combat online misinformation and rebuild trust in digital conversations, has secured €300,000 in pre-seed funding from Fil Rouge Capital, ahead of its public launch in May. The platform, called eYou, integrates real-time fact-checking tools directly into the social media experience, allowing users to verify the accuracy of…
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Romania’s Neptun Deep gas project on track for 2027 output, president says after OMV Petrom talks
The Black Sea natural gas project Neptun Deep is progressing on schedule and is expected to deliver first production in 2027, Romanian president Nicușor Dan said after talks with OMV Petrom executives. The project, valued at over EUR 4 billion, is seen as key to boosting the country’s energy security and reducing reliance on imports.…
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Ukraine’s Naftogaz reportedly approached Romania’s OMV Petrom for Black Sea offshore gas perimeter
Ukraine’s Naftogaz, which discovered “substantial” offshore gas reserves in the Black Sea before Russia’s invasion, is in talks with Romania’s OMV Petrom (BVB: SNP) to form a partnership relating to the field, according to Reuters, citing more sources familiar with the talks. Disucssions were at an early stage, and development of the field would not…
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Wages in Romania post deep 5.5% y/y real contraction in January
The average net wage in Romania increased by 3.6% y/y nominally to RON 5,518 (EUR 1,084) in January, while contracting by 5.5% y/y in real terms – the steepest decline in many years, according to data published by the statistics office INS. The correction seen over the past year comes after a steep (and unsustainable) 11.1%…