Category: Uncategorized
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Romanian state secretary warns of higher electricity prices this winter and in 2027
Romania will be affected by rising electricity prices on European markets, where record levels could be reached if the situation in the Middle East persists and the Strait of Hormuz remains closed, Buşoi said, as reported by Financialintelligence.ro. He also said that although Romania’s energy system has proved more resilient than specialists had expected, the…
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Romania’s currency slips amid politics, fundamentals as country faces FX bond test
Sources cited by Economica.net estimated that Romania should have a designated government by October 16-17 in order to be able to issue FX bonds by November 7. Given the high level of US bond yields, Romania is expected to seek financing on other markets, including Europe and possibly Asia, such as Japan, the same sources…
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Romanian parties wait for PM-designate Luca Niculescu to unveil his plans
The Social Democrats (PSD), meanwhile, have taken a more active stance, signalling readiness for negotiations while reportedly seeking a direct or indirect role in the next government, Cursdeguvernare.ro reported. The far-right Alliance for the Union of Romanians (AUR) has confirmed that it will not support any government. “We want to see if there is a…
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Romania’s Nuclearelectrica seeks EUR 800 mln EIB loan for Cernavoda Unit 1 refurbishment
According to a document submitted to the Bucharest Stock Exchange, the agenda of the Extraordinary General Meeting of Shareholders scheduled for October 29/30, 2026, will be supplemented with a proposal to approve “the contracting, by SNN, as borrower, of cumulative financing worth EUR 800 mln from the European Investment Bank, for the financing of the…
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Schmitz Cargobull to build EUR 25 mln factory in western Romania
The company will build a hall of approximately 23,500 square metres for the production of chassis subassemblies for semi-trailers and the assembly of complete vehicles, ebihoreanul.ro reported. Schmitz Cargobull has committed to investing at least EUR 25 mln and creating at least 200 jobs. “This amount refers strictly to the construction of the hall and…
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Romanian president discusses EU budget, enlargement with Antonio Costa
Romanian president Nicușor Dan held a telephone conversation with European Council president Antonio Costa on Tuesday, October 6, to discuss the agenda of the upcoming EU leaders’ summit. Their talks covered the bloc’s future budget, economic competitiveness, energy prices, enlargement, and security challenges. “Romania wants an ambitious budget, even if additional resources are needed at…
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20 years in Romania, a new project for the community: Auchan supports the construction of 10 homes together with Habitat for Humanity
In the year in which it celebrates 20 years on the Romanian market, Auchan Romania, in partnership with Habitat for Humanity, is launching “Casute pentru casute” (“Little Houses for Homes”), a solidarity project supporting the construction of 10 homes for families in vulnerable situations. Auchan has allocated €625,000 to the project, with the homes to…
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Roughly 95% of Romanians would use RO Wallet, Interior Ministry survey says
A survey conducted by the Romanian Ministry of Internal Affairs showed that 95% of the Romanians surveyed would use RO Wallet, Romania’s digital identity wallet, according to an official press release released on Tuesday, October 6. The survey was conducted between September 13 and 27, 2026, and collected 3,065 complete responses. “The results show a…
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Romanian prosecutors charge Iași mayor over alleged fictitious fuel oil purchase
Iași mayor Mihai Chirica has been formally charged with abuse of office in a case concerning missing fuel oil from the city’s heating company storage facilities, the National Anticorruption Directorate (DNA) announced. Nine other officials from Iași City Hall are also under investigation for alleged complicity in abuse of office and repeated intellectual forgery. According…
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Romania’s EV charging network expands rapidly, but utilization remains low
Romania surpassed 10,000 public charging points for electric vehicles in August 2026, while the number of ultra-fast charging stations, with a capacity of at least 150 kW, has increased more than 45-fold over the past four years, reaching more than 2,060. However, the average utilization rate of charging stations is only 4-5%, according to the…