Category: Uncategorized

Romania’s chemical group Chimcomplex Borzești (BVB: CRC) announced to its shareholders that it took legal action to recover the incomplete disbursement of a state grant of RON 73.6 million, spotted by the audit report of the financial statements for the financial year 2024. The company requests the disbursement of due aid of RON 43 million…

Cătălin Predoiu, the Interior Affairs minister and interim president of the National Liberal Party (PNL), has been appointed the interim prime minister, the Presidential Administration announced. PM Marcel Ciolacu, the head of the Social Democrat Party (PSD), resigned yesterday, May 5, after the governing coalition candidate, Crin Antonescu, failed to qualify for the second round…

The Waldevar Group, a Romanian company that provides EPC (Engineering Procurement and Construction) solutions for C&I, utility-scale ground-mounted and floating photovoltaic plants, is investing almost EUR 10 million in a factory dedicated to floating solar technology, an emerging segment with high potential, according to Ziarul Financiar. The company, fully controlled by entrepreneur Aurel Şerban, announced…

Romania’s lithium-ion battery manufacturer Prime Batteries Technology, founded and controlled by Romanian entrepreneur Adrian Polec, confirmed plans for a second factory with an intended capacity of 6 GWh according to Profit.ro. The company reached a production capacity of 2.3 GWh of power storage devices per year in its existing factory near Bucharest, at Cernica, upon…

The leaders of the National Liberal Party (PNL) decided, on May 5, with a unanimity of votes, to support independent candidate Nicuşor Dan in the second round of the presidential elections. Kelemen Hunor, the president of the Democratic Alliance of Hungarians in Romania (UDMR), announced his party is also backing Nicusor Dan. “Let’s put aside…

Romanian prime minister Marcel Ciolacu has resigned after the first round of the presidential elections, a vote against the current governing coalition. George Simion, the leader of the nationalist party AUR (Alliance for Romanians’ Union) and the sole candidate of the sovereign movement in Romania, won the first round of the presidential elections with a…

All stock indices of the Bucharest Stock Exchange are down on Monday, May 5, a day after the first round of the presidential elections in which ultranationalist candidate George Simion won first place with over 40% of votes. The benchmark BET index was down 2.52% at the time of writing. The composite BET-XT and the…

The “Rezistența” community in Romania announced the organization of a pro-European march in the capital on Friday, May 9, after sovereignist candidate George Simion came in first place during the first round of the presidential elections in Romania. The march will take place between University Square and Victory Square, from 18:00 to 23:00.  “Romania is…

Queen Marie at Brukenthal, an exhibition focusing on Queen Marie of Romania, will open at the Brukenthal National Museum in Sibiu on May 9. The exhibition, initially presented at Art Safari in Bucharest, gathers works painted by the queen, pieces of furniture she designed, personal items, an extensive collection of photographs of her and other…

Unfinished Democracy, an event gathering workshops, civic debates, and conversations exploring new ways to strengthen and reshape democracy in an ever-changing world, takes place in Bucharest on May 11. Throughout the day, the organizers plan to tackle questions about rebuilding trust in institutions (and beyond), the kind of economy people want — protectionist or open…