Category: Uncategorized

The Presidential Administration explained that president Nicușor Dan cannot promulgate the law on magistrates’ pensions without receiving from the Constitutional Court (CCR) “the decision confirming its constitutionality.” Magistrates’ organisations, which previously referred the Law to the Constitutional Court, have openly but informally requested president Dan to return the law to Parliament.  The Presidency explained its…

Kelemen Hunor, president of the Democratic Alliance of Hungarians in Romania (UDMR), said he would support Hungarian prime minister Viktor Orban in Hungary’s parliamentary elections scheduled for April 12, stating that opposition leader Peter Magyar “did not convince him.” Speaking to RFI, Hunor said that, in his view, “the better option scenario is that Orban…

A government ordinance that downsizes the personnel and the personnel expenditures across the entire public administration at the central and local levels, but also decentralises and simplifies operations of the public administration and instates unified evaluation procedures for the public servants, was approved by the government of Romania on Tuesday, February 24, after months of…

Lukoil Overseas Atash BV, a subsidiary of the Russian group Lukoil and operator of the Trident offshore perimeter in the Black Sea (88%), has officially notified the Romanian authorities that it is in a force majeure situation that makes it impossible for it to continue operations, according to Mediafax. The force majeure could prevent the…

Romanian utilities group Electrica (BVB: EL) announced to investors that it signed on February 24 a Memorandum of Understanding with the integrated steel mill Liberty Galati regarding the joint development of renewable (photovoltaic) energy production and storage capacities of up to 500 MW, on land plots owned by the steel group. Liberty Galati is currently…

German retailer Schwarz, which already operates its chains Lidl and Kaufland in Romania, received from the local competition body (Consiliul Concurentei) a conditional permit to take over the majority stake in Romanian retailer La Cocos, according to a press release issued by the Competition Council. The new owner will have to preserve the business model…

The former coach of Romanian tennis star Simona Halep, Darren Cahill, will return in 2026 to the Sports Festival as a special guest at her official retirement event. The gala match will take place on June 13, 2026, at BT Arena in Cluj-Napoca, and will represent the culmination of the seventh edition of the festival.…

The global leading index provider FTSE Russell published the results of the semi-annual review, bringing several changes to its indices. As such, the shares of Simtel Team (BVB: SMTL) will be included in the FTSE Global Micro Cap indices, while the shares of OMV Petrom (BVB: SNP) will no longer be part of the FTSE…

Across Europe — and particularly in Romania — educational performance is frequently discussed in quantitative terms. Examination results, national rankings, admission statistics, and grade averages dominate public conversation. Success is often interpreted through visible indicators: how high the scores are, how competitive the exams appear, how demanding the curriculum seems. This framing, however, leaves a…

Norofert (BVB: NRF), a major producer of organic agricultural inputs and biotechnology provider for agriculture in Romania, announced the signing of an agreement for the acquisition of a 60% stake in Expert Agribusiness SRL, a Romanian seed producer with local genetics, headquartered in Fundulea, Călărași County.  The transaction amounts to EUR 100,000. The full amount…