Category: Uncategorized

AIM-quoted mining company Vast Resources, with operations in Romania, Tajikistan, and Zimbabwe, announced the continuation of production activity at the Băița Plai polymetallic mine in Romania, but also the fact that it has initiated discussions regarding a partnership (joint venture) with other mining companies to attract foreign investment in the Romanian mine, according to Economica.net.…

Romania’s general government budget deficit increased by 22% y/y to RON 43.7 billion (EUR 8.8 billion), or 2.28% of the GDP expected by the government for the whole year, the Finance Ministry announced on April 25. Although below the 3%-of-GDP target, the figure puts pressure on the government to come up with new restrictive fiscal…

Famous group Gipsy Kings will hold their first concert in Romania’s Danube Delta in May, at the Festival of Pirates. They will take the stage on May 18 in Sulina. “We are very happy to be reunited with our fans in Romania. We are coming for the first time to the beautiful Danube Delta. On…

Last Friday, April 25, Romania’s High Court ICCJ, responding to an objection of the Constitutional Court (CCR), scrapped the unusual ruling issued by the Court of Appeal in Ploiesti, Prahova County (CAP) – which decided on the day earlier that the presidential elections annulled by CCR in 2024 should be resumed with the second ballot. …

Chinese automaker Chery announced the official entrance into the Romanian market through a partnership with AUTO ITALIA Group, part of the Samelet Group. The agreement will see the introduction of the TIGGO SUV lineup starting in the second half of 2025. The move marks a significant step in Chery’s expansion strategy across Central and Eastern…

Romanian acting president Ilie Bolojan met on Friday, April 25, with a delegation from the Office for Democratic Institutions and Human Rights, or ODIHR, of the Organization for Security and Cooperation in Europe (OSCE), according to a statement from the presidential administration. The acting president told the delegation that Romania “is faithful to democratic principles…

Shareholders of Romanian oil company OMV Petrom recently approved the distribution of record dividends amounting to RON 2.8 billion (EUR 562.6 million) for the 2024 financial year, as well as the 2025 budget, which provides for investments of RON 8.1 billion (EUR 1.6 billion). The decision was taken during the Ordinary and Extraordinary General Meetings…

TikTok has launched an Election Center dedicated to Romania’s upcoming elections as part of its broader effort to protect “the integrity of the platform” and promote access to reliable information. The initiative is supported by a new media literacy campaign and ongoing collaboration with more than 20 fact-checking partners, the company said in a statement.…

The 2025 edition of the European Film Festival (FFE), which takes place this year in Bucharest and nine other cities, will screen more than 40 feature films, 28 of which are national premieres. The festival will also present two selections of short films, also screened as national premieres. Among them are 11 documentaries, 13 films…

Russia’s Federal Security Service, FSB, said on Friday, April 25, that it arrested a 23-year-old Romanian citizen on suspicion of spying for Ukraine by sharing the locations of Russian air defense systems. The unnamed man is accused of collecting and transmitting information about air defense sites in the Black Sea resort city of Sochi to…