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The Japan Credit Rating Agency – JCR on March 27 improved the outlook on Romania’s sovereign debt to stable from negative. The rating was affirmed at BBB for the long-term foreign debt and BBB+ for long-term domestic currency debt – one, respectively two notches above the non-investment grade. Romania returned to the JPY bond market…

Rompetrol Rafinare (BVB: RRC) has completed the mechanical works included in the planned turnaround of the two operated refineries – Petromidia Năvodari and Vega Ploiești, a company press release announced. The company ranks as the country’s largest fuel producer, refining oil imported from Kazakhstan through the Novorossiysk port in Russia. Petromidia refinery is one of the…

A revamped Dimitrie Leonida Technical Museum opened to the public this past weekend with an extended exhibition area, a focus on young audiences, and plans to continue its transformation. The museum, located in Bucharest’s Carol I Park, was founded by engineer Dimitrie Leonida (1883–1965), who had a keen interest in the history of science and…

Construction has begun on a major tourism project in western Romania, with authorities aiming to transform the Semenic area into a key ski destination. The investment, worth over RON 224 million (around EUR 44 million), includes new slopes, a gondola system, and modern infrastructure. The project was announced by Reşiţa mayor Ioan Popa, who said…

A majority of Romanians are dissatisfied with the government’s handling of the fuel price crisis, while support for the opposition remains strong, according to a new survey by CURS. The poll also showed that the Alliance for the Union of Romanians (AUR) would win parliamentary elections if held next Sunday. The survey, conducted between March…

Several areas with Sarmatian vestiges dating from the 2nd or 3rd centuries have been found on the construction site of the future Western Ring Road of the municipality of Timișoara, western Romania. Archaeological clearance works are being carried out as a result of the finding, coordinated by a team of specialists.  “Traces of habitation from…

Slovakian prime minister Robert Fico was received on Friday, March 27, by the Romanian counterpart Ilie Bolojan and president Nicusor Dan in Bucharest. During the visit, the official said that Slovakia would be interested in buying natural gas extracted through Romania’s Neptun Deep project. Fico was first received by president Nicusor Dan on Friday morning.…

Romanian airline AnimaWings has launched direct flights between Bucharest and London Gatwick Airport, marking the only direct connection between the Romanian capital and the UK’s second-busiest airport. The route began operations on March 22 and will run year-round. The flights are scheduled six times per week, excluding Saturdays, with a mix of morning and evening…

Data from the major Romanian auto marketplace Autovit from the past month shows a visible shift in the preferences of car consumers in Romania, with growing interest in electric cars, against the backdrop of an economic and energy context marked by uncertainties.  The platform’s analysis indicated an approximately 40% increase in demand for 100% electric…

The Board of Directors of Romanian helicopter producer IAR Brașov (BVB: IARV) plans to share 90% of the company’s net profit from 2025 with investors, resulting in a yield of around 9%.  The company registered a 50% higher net profit in 2025 compared to 2024. The Board called for an Ordinary General Meeting of Shareholders…