Category: Uncategorized

The creditors of the insolvent shipyard Damen Mangalia, following a meeting on March 25, decided to defer for at least seven days the meeting dedicated to making a final decision on the reorganisation plan proposed by the insolvency firm CITR. However, the main creditor (and minority shareholder) Damen Holding implied that endorsing the reorganisation plan,…

Romania recorded significant progress in implementing rulings of the European Court of Human Rights (ECHR) in 2025, closing more cases than any other country, according to a new report by the Council of Europe. However, it continues to rank among the states with the highest number of pending cases. Romania closed 146 cases in 2025,…

Signs of degradation have already appeared at Poenari Fortress in Argeş County, less than a year after the completion of extensive EU-funded restoration works, according to the Vidraru Mountain Association, as cited by Digi24. The NGO reported the issues in a social media post, raising concerns about the durability and quality of the recent conservation…

Romania’s main opposition party, the Alliance for the Union of Romanians (AUR), has denied engaging in any negotiations with ruling coalition parties over potential parliamentary support, amid growing political tensions and speculation about a possible government reshuffle. Petrișor Peiu, president of AUR’s National Steering Council (CNC), rejected claims that the party is in discussions with…

Romanian real estate developer One United Properties (BVB: ONE) is considering distributing a supplementary amount of RON 48.15 million (over EUR 9 million)  in the first half of this year, in the form of a gross dividend of RON 0.4400 per share corresponding to a 1.5% yield for the current market price, according to Profit.ro.…

Another drone entered Romanian airspace on the night of Wednesday to Thursday, March 25-26, near the northern part of Tulcea County, before crashing in an uninhabited area, authorities said. The incident occurred during a new wave of Russian drone attacks targeting civilian and infrastructure sites in Ukraine, close to Romania’s river border. According to the…

The Transilvania International Film Festival, which will take place between June 12 and 21 in Cluj-Napoca, is set to celebrate director Corneliu Porumboiu with a complete retrospective of his work. A two-time winner of the Transilvania Trophy, Porumboiu will receive the TIFF.25 Special Award and give a masterclass during the event. “A defining figure of…

Holcim Romania, a company that produces construction material, signed a financing agreement with the European Climate, Infrastructure and Environment Executive Agency (or CINEA) for the Carbon Hub CPT01 project, a carbon capture and storage initiative. The project, developed in partnership with Belgian mining company Carmeuse, is an important step in the decarbonization of energy-intensive industries…

The Republic of Moldova has instituted a 60-day state of emergency in the energy sector, starting March 25, after Russian attacks on Ukraine’s energy infrastructure disrupted the main power line supplying the country. To assist, Romania supplied electricity to the neighboring country. The 400 kV Vulcănești–Isaccea line, which crosses the territory of Ukraine and ends…

The real estate developer STC Partners is delivering the Quartier Azuga project, a residential complex that has been sold at a rate of nearly 90%. The second phase of the project has already received the completion certificate and is currently in the process of delivering residential units, while the first-phase community moved into their new…