Category: Uncategorized
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Local analysts question Romania’s 6%-of-GDP 2026 public deficit target
Romanian analysts surveyed by Ziarul Financiar questioned Romania’s 6%-of-GDP public deficit target mentioned by president Nicusor Dan. “In practice, a decrease in the deficit by two percentage points of GDP, in such a short time, is impossible,” said economics professor Aurelian Dochia. In turn, Adrian Codirlaşu, president of CFA Romania, argued that “a 6% of…
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Board game on Roma history for schools and libraries, launched in Romania
An educational board game dedicated to Roma history is to be launched this week in Romania, aiming to fill a long-standing gap in school curricula where the community’s past has been largely absent. The game, called Inelul Timpului (The Ring of Time), was developed by the association Cu Alte Cuvinte (CUAC) in partnership with the…
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Wolt Romania turns old delivery bags into school backpacks for vulnerable children
Wolt Romania has launched a global first for the company by transforming decommissioned Tazz delivery bags into school backpacks and pencil cases for children at risk of dropping out of school. The initiative, developed in partnership with World Vision Romania and social enterprise Atelierul de Pânză, repurposed the bags that were retired after the company’s…
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Romania’s Fiscal Council nods government’s 2025 budget revision
Romania’s Fiscal Council (CF), in an opinion issued on October 1, endorsed as credible the 2025 budget revision approved by the government on the same day, stressing that the country’s deficit would have reached 9% of GDP this year under the no-policy-change assumptions. “Based on the available data, the CF assesses that the new budgetary…
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Romanian parties spend more than half of subsidies on propaganda and media, watchdog says
Romanian political parties directed 53% of their RON 174 million (EUR 35 million) in public subsidies during January-August towards media and propaganda expenses, according to a report published by the Expert Forum (EFOR) on October 1. The watchdog estimates that by the end of 2025, total party subsidies will reach RON 284 million (EUR 57…
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Cushman & Wakefield sees potential for logistics projects outside the Bucharest region
The stock of industrial and logistics spaces in the Romanian market is approaching the threshold of 8 million square meters, over 60% of which is located in projects within a maximum of an hour’s drive from Bucharest, while Moldova and Oltenia remain the least developed, but with high potential to recover the gap with the…
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Electromontaj to launch IPO on Bucharest Stock Exchange in October
Electromontaj, the Romanian construction company that won the contract to renovate the Vidraru dam, is preparing for an initial public offering (IPO) on the Bucharest Stock Exchange (BVB), Ziarul Financiar reported. The offering, expected to raise RON 77 million and give the company a market valuation of about RON 700 million (EUR 140 million), will…
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Romanian FinMin says risk of sanctions under Excessive Deficit Procedure largely averted
The risks of EU funds destined for Romania being suspended by the European Commission due to serious budgetary slippages have been reduced as a result of the measures taken by the government to stabilise the state’s finances, according to finance minister Alexandru Nazare, Profit.ro reported. He stated that he does not believe that in the…
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Romanian Environment Ministry convenes emergency committee over severe weather warnings
The Environment Ministry convened an extraordinary session of its Emergency Committee on Wednesday, October 1, as meteorologists and hydrologists issued yellow and orange weather alerts warning of heavy rain, strong winds, flooding, and unseasonably cold temperatures until Saturday. Mountain areas could see up to 40 cm of snow, while Bucharest and southeastern counties face wind…
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Through a buyback operation of 4.86% of its share capital, EVERGENT Investments continues to return value to its shareholders in 2026
The Board of Directors of EVERGENT Investments SA convenes the Extraordinary and Ordinary General Meetings of Shareholders for October 29/30, 2025. All shareholders registered in the shareholder registry on the reference date of October 16, 2025, are invited to the two Meetings. “We propose a set of well calibrated corporate actions to the General Meeting…