Category: Uncategorized
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Head of Romanian Constitutional Court explains decision to annul 2024 presidential elections
Simina Tănăsescu, the president of the Romanian Constitutional Court (or CCR), explained the decision to annul the 2024 presidential elections in a recent interview for TVRInfo. According to her, the decision was based on “three reasons extremely solidly anchored in the text of our Constitution. They fall within the competence of the Constitutional Court,” and…
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Underground passage planned at Henri Coandă Airport to ease traffic towards Bucharest
The National Company Bucharest Airports (CNAB) announced plans for a new underground passage at Henri Coandă International Airport (also known as Otopeni Airport) aimed at improving road traffic flow towards the capital. The project is part of broader efforts to modernize access infrastructure at Romania’s busiest airport. The proposed underpass would create an additional exit…
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Concelex wins contract to restore and seismic-retrofit landmark Dacia România Palace in central Bucharest
Romanian construction company Concelex has been awarded a contract worth over RON 88 million to carry out seismic strengthening and modernization works on the historic Dacia România Palace in central Bucharest. The project targets one of the capital’s most prominent heritage buildings, currently classified as being at seismic risk. The building, listed in Romania’s Register…
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Christian Tour announces plans for IPO on Bucharest Stock Exchange
Christian Tour announced its intention to launch an initial public offering (IPO) and list its shares on the regulated market of the Bucharest Stock Exchange (BVB). The move would make it the first pure-play tour operator listed on Romania’s capital market, offering investors direct exposure to the tourism sector. The planned IPO will include both…
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Bucharest’s Theodor Pallady Museum reopens after revamping works
The Theodor Pallady Museum, a branch of the National Museum of Art of Romania (MNAR), is scheduled to reopen on April 24 following refurbishment and reorganizing works. The recent transformation entailed expanding the exhibition area and a redesigned visitor pathway, meant to better highlight the museum’s collection and offer visitors “a current and coherent experience,”…
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Romania looking for consortium leader for Black Sea AI Gigafactory project
The Romanian government has launched the process to preselect a consortium leader for implementing the Black Sea AI Gigafactory project, a strategic investment in artificial intelligence computing infrastructure. According to the Ministries of Energy and Finance, the project is of national and regional relevance. The Gigafactory is “aimed at supporting the development of advanced digital…
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INSCOP poll shows Social Democrats gaining momentum in Romania
Far-right party Alliance for the Union of Romanians (AUR) remained in first place in voting intention for the parliamentary elections, but reached the lowest level recorded by INSCOP after the presidential elections in May 2025 (37.0%, down from 38% in March and above 40% in four of the six polls carried out over the past…
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Romania’s Banca Transilvania raises EUR 1 bln with bond placed on international market
Banca Transilvania (BVB: TLV) on April 15 announced that it raised EUR 1 billion from international markets through a bond issuance that was almost four times oversubscribed, confirming investors’ strong interest in supporting BT’s growth prospects. This bond issuance represents BT’s first Investment Grade instrument, rated BBB- by Fitch Ratings. Strong investor demand (EUR 3.8…
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Romania’s current account deficit narrows in January-February, external debt rises
Romania recorded a modest improvement in its external balance in the first two months of 2026, as the current account (CA) deficit narrowed to EUR 3.19 billion, from EUR 3.64 billion in the same period of 2025, according to data published by the National Bank of Romania (BNR) on April 15. The improvement was mainly…
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Romania’s net wage down real 5% y/y in February
The average net wage in Romania increased by 3.8% y/y to RON 5,557 (EUR 1,091, +1.5% y/y) in February, but the 9.3% y/y inflation turned the positive nominal advance into a deep 5.0% y/y real contraction according to data published by the statistics office INS. The net wages in Romania posted negative real annual growth…