Category: Uncategorized
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Romania prepares year-end debt deals as rating concerns persist
Romania is planning fresh bond sales and buybacks before the end of the year, aiming to smooth upcoming maturities and bolster investor confidence after months of political turbulence, Reuters reported on September 23. The Ministry of Finance intends to replace part of the EUR 4.25 billion (USD 4.57 billion) in euro-denominated bonds maturing in 2026…
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Exhibition on Queen Marie of Romania to open at ICR Lisbon
An exhibition showcasing archival images of Queen Marie of Romania and a selection of illustrations from children’s books written by Queen Maria is scheduled to open on September 24 at the Romanian Cultural Institute (ICR) in London. The exhibition, titled Queen Marie, An Ambassador of Romanian History and Folk Art, marks the 150th anniversary of…
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Romanian entrepreneurs launch e-learning platform, target EUR 500,000 in revenue in first year
Serial entrepreneur Sergiu Neguț, the co-founder of FintechOS, and entrepreneur Raluca Neagu have launched basetolearn, an e-learning ecosystem focused on providing solutions for professional development. The platform is launched in an educational partnership with the Bucharest International School of Management. The company targets a turnover of over EUR 500,000, with more than 50 courses and…
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Romanian European Projects Ministry to introduce new PNRR reporting system
Romania’s Ministry of Investments and European Projects will introduce an open data type of reporting, with all 17,000 projects included in the EU-funded Recovery and Resilience Plan, or PNRR. The projects will be placed in a database indexable by location, type of beneficiary, or type of intervention, according to minister Dragoș Pîslaru. “We are talking…
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Exim Banca Romaneasca Grants Companies Loans Guaranteed by the European Investment Fund
Exim Banca Romaneasca supports the development of Romanian companies by granting loans for investments and working capital under advantageous conditions, with European guarantees that can cover up to 70% of the financing value, following the signing of a guarantee agreement between the bank and the European Investment Fund (EIF). EIF guarantees can be accessed under…
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Romanian prosecutors request lifting of immunity for pro-Russian MEP Diana Șoșoacă
The Prosecutor’s Office attached to Romania’s High Court requested that the European Parliament lift the immunity of MEP Diana Șoșoacă on Tuesday, September 23. The request relates to cases of unlawful deprivation of liberty, Holocaust denial, public promotion of the cult of persons convicted for genocide and war crimes, as well as fascist, legionary, racist,…
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Romanian student team crosses Australia aboard solar vehicle
Last month, the Solis student team from the Technical University of Cluj-Napoca crossed the Australian desert from north to south over 6 days aboard the solar-powered car “Hyperion.” The crossing was part of the Bridgestone World Solar Challenge 2025, which took place on a 3,020 km route, from the cities of Darwin to Adelaide, crossing…
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IULIUS restores contaminated site to pave way for EUR 800 mln urban regeneration project in Constanța
Romanian developer IULIUS announced on Tuesday, September 23, that it will invest EUR 29 million in “the largest bioremediation project in Europe by a private investor,” restoring 38 hectares of contaminated land in downtown Constanța as part of its EUR 800 million urban regeneration project. The site, once home to the city’s Oil Terminal platform,…
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Two Romanians arrested in Greece for suspected espionage at naval base
Greek authorities have arrested two Romanian nationals on suspicion of espionage after they allegedly took pictures of the Hellenic Navy’s main base on the island of Salamina, the Coast Guard said on Tuesday, September 23, as reported by ekathimerini.com. The men, aged 52 and 22, were detained on Monday afternoon after Navy personnel spotted them…
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Firefighters battle over 8,500 vegetation fires in Romania this summer
Romanian firefighters intervened to extinguish 8,520 vegetation fires nationwide between June 1 and August 31 this year, 3.2% fewer than in the same period of 2024, the General Inspectorate for Emergency Situations (IGSU) said on Tuesday, September 23. Despite the slight national decrease, the agency said the phenomenon continues to pose a major threat to…