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A wave of Romanian mayors has followed the example set by Slatina’s mayor, who recently announced plans to eliminate gambling halls from his city under newly amended legislation. While the political signal is growing louder, the decisive vote belongs to local councils – and gambling operators are unlikely to retreat without resistance. On February 26,…

In a public statement issued on February 26 after Social Democrat (PSD) leader Sorin Grindeanu warned his party would run another referendum on its role in the ruling coalition, the National Liberal Party (PNL) asked Grindeanu to decide more quickly whether he is in the ruling coalition or in opposition. PSD should decide on this…

The European Commission (EC) will decide by mid-March about the suspended portion of the third disbursement request under the Resilience Facility (RRF) – namely, EUR 869 million – and the fourth request (EUR 2.6 billion), announced prime minister Ilie Bolojan after meeting European Commission president Ursula von der Leyen in Brussels on February 26. He…

Fondul Proprietatea, which owns 20% of the National Company Maritime Seaports Administration (CNAPM, with Constanta Port among key assets), was summoned to participate in the Extraordinary General Meeting of Shareholders scheduled for March 30/31, 2026, during which the increase in the company’s share capital will be decided, Ziarul Financiar reported. FP should contribute some EUR…

Chimcomplex, Romania’s largest chemical company and part of the CRC Group (BVB: CRC), will lay off 1,200 employees, shut down energy-intensive production lines, and expand its trading division, owner Ștefan Vuza announced in the company’s annual financial report. The businessman accused the government of failing to include meaningful support for the chemical industry in its…

The Ministry of Finance of Romania has used the instrument of private placements, negotiated directly with the large banks, at lower interest rates, continuing the series of financings of this type used last year. In January, the ministry raised nearly EUR 1 billion with such instruments, on top of the EUR 3 billion and USD…

The general government budget execution data for January, not yet published officially but consulted by Ziarul Financiar, show a surplus of RON 845 million (over EUR 160 million, or 0.04% of GDP). The revenues of RON 55.1 billion were higher than the RON 54.3 billion expenses. “This is the first January budget execution with a…

The European Bank for Reconstruction and Development (EBRD) has reduced the forecast for the Romanian economy in 2026 to 1.2% growth, compared to 1.6% envisaged in September, under the Regional Economic Prospects report published on February 26. The country’s economy would accelerate to 2.2% in 2027, according to the bank’s scenario. The gloomy 2026-2027 forecast…

American rapper Wiz Khalifa is to serve a nine-month prison sentence in Romania after the Constanța Court of Appeal rejected his annulment appeal, issuing a final ruling in the case. The sentence stems from a 2024 incident in which the artist smoked cannabis on stage at a music festival in Costinești. In its decision, the…

Engineering and technology group Simtel (BVB: SMTL), a company listed on the Main Market of the Bucharest Stock Exchange, reported consolidated preliminary operating revenues of RON 605.7 million (EUR 118.7 million) in 2025, up 68% compared to 2024 and approximately 20% above the budgeted level.  Revenues from core operations amounted to RON 598.4 million, representing…