Category: Uncategorized
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Veolia Romania buys majority stake in General Me.el Electric to become an integrated provider of public utility services
Expansion of the portfolio with low, medium and high voltage electricity services, complementing existing solutions in water, sewage, gas and thermal energy. Alignment with the objectives of the Veolia Group’s “GreenUp” strategic program by diversifying decarbonization solutions, such as solar electricity generation and battery storage systems. Enhancing the capacity for implementation and the complexity of…
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OMV Petrom signs new gas supply deals for Neptun Deep project
The Neptun Deep project in the Black Sea, set to become the largest gas production venture in the European Union, has attracted additional buyers, including German utility group Uniper SE, operator OMV Petrom announced, as reported by Bloomberg and Agerpres. The project is scheduled to deliver its first gas in 2027. OMV Petrom Chief Executive…
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Romania’s flag carrier Tarom abandons plan to buy Boeing 737 Max fleet
Romanian state-owned air carrier Tarom decided to skip purchase plans for four of the five Boeing Max aircraft contracted in 2018, rescheduled for delivery in 2026, according to Economica.net, citing a decision of the company’s general shareholder meeting. The company is also selling its holdings in DNATA Catering (where it holds 30.8%), a company that…
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Romania’s real estate market volume slightly up in August
The number of properties (mostly residential units) traded nationwide has increased by nearly 5% y/y to 53,433 in August 2025, according to the National Agency for Cadastre and Real Estate Advertising (ANCPI). On a seasonal trend, the volume of the market dropped by 19% m/m. The most real estate sales were recorded in Bucharest (10,237),…
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Car sales in Romania up 53% y/y in August, mild-hybrid segment reaches 24%
New car registrations rose by 52.6% y/y in August 2025, while the electric segment in its widest definition has surged by 74.4% y/y, achieving a market share of 59.9%, according to the association of car producers and importers APIA. Passenger cars (some 89% of the total market) recorded, in August 2025, a volume of 15,043…
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Romanian IT group Bittnet considers EUR 40 mln bond issues
Brothers Cristian and Mihai Logofătu, founders of the IT group of companies Bittnet Systems (BVB: BNET), requested completing the agenda of the company’s general meeting of shareholders scheduled for October 21 with a vote on the launch of two bond schemes of maximum sizes of RON 100 million (EUR 20 million) and EUR 20 million,…
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Romanian president: Poland, NATO showed real-time readiness after Russian drone incursion
Romanian president Nicușor Dan said Wednesday, September 10, that Poland and NATO allies have proven they are prepared to respond swiftly after Polish forces downed Russian drones that entered the country’s airspace, in what he described as an unprecedented incident, news agency Agerpres reported. The incident marked the first time Russian drones have been downed…
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NOCA: Contemporary art center to open in Romania’s Oradea
NOCA (New Oradea Contemporary Art), a hub for to contemporary visual art, is set to open next month in Oradea, in northwestern Romania. It is meant as a “cultural lab dedicated to meetings between modern and contemporary art, multidisciplinary practices and events, and established and emerging artists.” The center was founded by Oradea City Hall…
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Romanian Community Summit takes place in Chicago this month
Representatives from across the Romanian diaspora and officials from Romania and the United States will take part in this year’s Romanian Community Summit 2025 (RoSummit 2025), set to take place in Chicago on September 20. The event is organized through a partnership of the Romanian-American community in Chicago and other diaspora organizations. It will focus…
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Via Transilvanica: Long-distance trail crossing Romania could receive EEA and Norway Grants funding, minister says
Via Transilvanica, the long-distance trail stretching between Putna, in northern Romania, to Drobeta Turnu Severin, in the southern part of the country, could receive funding of EUR 6 – 7 million from the European Economic Area (EEA) and Norway Grants 2021-2028, Investments and European Funds minister Dragoș Pîslaru told Agerpres in an interview. The funding…