Category: Uncategorized
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European Parliament president Roberta Metsola receives Timișoara Award for European Values
Roberta Metsola, the president of the European Parliament, received the Timișoara Award for European Values on Thursday, May 22. The prize honors figures who support European values. A jury of five gave Metsola the award. Iulia Motoc – a judge at the International Criminal Court, Cristian Măcelaru – music director of the National Orchestra of…
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Romania receives two more F-16s from Norway
Romania has received two additional F-16 Fighting Falcon aircraft from Norway, marking the latest delivery in the country’s ongoing effort to modernize its air force. The jets landed on Thursday, May 22, at the 71st Air Base “General Emanoil Ionescu” in Câmpia Turzii, the Ministry of Defense announced. The delivery is part of a broader…
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Cushman & Wakefield Echinox: retail projects delivered in April-May in Romania surged after weak Q1
There was no retail project completion in Q1 in Romania, but the delivery pace significantly picked up in April and May, when roughly 150,000 sqm of new schemes opened (including one super-regional shopping center – Mall Moldova – in Iasi). This area represents 80% of the entire 2024 new supply, according to data from real…
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Romania’s largest integrated livestock farm DN AGRAR reports solid Q1 results
DN AGRAR Group (BVB: DN), Romania’s largest integrated livestock farm and leading producer of cow milk, closed the first quarter of 2025 with a turnover of RON 51 million (EUR 10 million), an increase of approximately 27% compared to the same period last year. The growth was fueled by an increase in both the volume…
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Romania to add 2.5 GW to its power generation capacity this year
Romania may commission power generation units with a total capacity of 2.5 GW this year, twice the figure last year, minister of energy Sebastian Burduja said during a conference on May 22, according to Economica.net. Among the generation units to come online this year, Burduja outlined the gas-fired power plants Iernut (430 MW) and one…
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Romania raises RON 1.2 billion from households with fourth Fidelis bond issue
Romania’s Treasury sold RON 1.2 billion (EUR 240 million) worth of bonds denominated in local currency and in euros under the fourth issue of the Fidelis scheme aimed at households this year. More than half of the money was raised with the 1-year RON-denominated bonds with a 6.75% coupon (RON 430 million) and the 7-year…
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Romanian government envisages quick comeback in execution of Resilience Facility
Romania hopes to submit the fourth disbursement request under the Resilience Facility (RRF) in July, after the revised RRF plan for Romania (PNRR) is endorsed by the European Commission, and to submit another two disbursement requests (out of the four left) by the end of 2026 when the Facility ends, according to the minister of…
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Romania’s next government will have tight deadline for budget consolidation plan
The new government to be formed by president-elect Nicusor Dan within three to four weeks based on a ruling majority that was not yet agreed upon will have a tight deadline and less than two months to come up with a fiscal consolidation plan aimed at bringing Romania’s public deficit back on the trajectory set…
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Romania points to “Russian hallmarks” on still ongoing disinformation attack
During the past years and increasingly in the last months, Romania was subject to a sustained campaign of manipulation and informational interference of foreign origin aimed at influencing the country’s public opinion and, more recently, its elections, according to a Romanian Foreign Ministry note. This campaign is still ongoing and has all the hallmarks of…
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Nicușor Dan to be sworn in as Romania’s president on Monday
Nicușor Dan, the former mayor of Bucharest, will officially take office as Romania’s new president on Monday at noon during a joint session of the Chamber of Deputies and the Senate at the Palace of Parliament. The date and time were confirmed on Thursday, May 22, by Romania’s Joint Standing Bureaus of Parliament, shortly after…