Category: Uncategorized
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President Nicuşor Dan points to need for strategy for Romanians in the diaspora
While explaining that the country’s foreign policy needs to remain predictable and coherent, president Nicuşor Dan outlined three directions that need to be emphasized: security, the economic aspect, and Romanians living abroad. “Our foreign policy needs to remain predictable and coherent: EU and NATO membership, the strategic partnership with the US, and the rule-based order.…
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Meta Estate Trust CEO to end mandate in October
Alexandru Bonea, the CEO of Meta Estate Trust, a holding company active in the real estate sector, will finalize his mandate at the end of October 2025, in agreement with the Board of Directors. A new CEO will be appointed in the next three months. The end of his mandate marks a “natural transition to…
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Bulgaria’s Buildcom to take over Romanian vegetable oil producer Argus Constanţa
Infinity Capital Investments (BVB: INFINITY) has entered into an agreement with Bulgarian company Buildcom EOOD for a potential transfer of all the shares it holds in Romanian vegetable oil producer Argus Constanţa (91.42%), the company said in an announcement at the Bucharest Stock Exchange (BVB). The agreement also covers the shares held by Argus in…
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AROBS Systems, Power Net Consulting to implement integrated IT system for Romania’s National Employment Agency
AROBS Systems, part of AROBS Group (BVB: AROBS), together with Power Net Consulting, acting as leader of the consortium, will deliver and implement an integrated IT system for the Romanian National Employment Agency (ANOFM). The project, financed through Romania’s National Recovery and Resilience Plan (PNRR), aims to modernize and digitalize ANOFM’s operations through a unified…
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Romania’s Banca Transilvania Group reports RON 1.97 bln in profit in H1 2025
The net profit of Banca Transilvania Group (BVB: TLV) reached RON 1.97 billion (EUR 394 million) at the end of June 2025, of which the net profit of the lender Banca Transilvania amounted to RON 1.78 billion. The results were slightly lower than in the same period of 2024, and were impacted by the acquisition…
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FinMin announces new proposal for minimum share capital of limited liability companies in Romania
Romania’s minister of finance, Alexandru Nazare, announced a new proposal to introduce an adaptive minimum share capital system for limited liability companies (SRLs), linking the required capital to company size. The initiative follows consultations with entrepreneurs and aims to address widespread issues caused by the current symbolic capital threshold of just RON 1. Initially, the…
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Film inspired by Rotterdam art heist carried out by Romanians to open in local cinemas next month
Traffic (Jaful Secolului), a Romania-Belgium-Netherlands co-production directed by Belgian-Romanian director Teodora Ana Mihai from a screenplay by Romanian filmmaker Cristian Mungiu, is scheduled for release in local cinemas on September 23. The film is inspired by the real case of a burglary carried out by a group of Romanians at the Kunsthal Rotterdam, in October…
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Numerous judges, prosecutors across Romania suspend activity to protest pension cuts
Prosecutors of the Prosecutor’s Office attached to the Bucharest Tribunal and judges of the Bucharest, Târgu Mureș, Iași, Bacău, Galați, Suceava, and Oradea Courts of Appeal announced on Tuesday, August 26, that they are suspending their activity “indefinitely” to protest the government project to cut magistrates’ special pensions. Also joining them are judges from the…
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Romania’s Turda Salt Mine to be expanded with new tourist space
The Turda Salt Mine, in central Romania, will be expanded with a new tourist space, which will have 5 panoramic elevators, an artificial river, as well as several suspended walkways, following an investment of almost RON 100 million (EUR 20 million), according to local authorities cited by Profit.ro. At the end of the development, a…
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Over 1.7 million Bucharest residents exposed to excessive noise daily, report says
Over 1.7 million Bucharest residents are exposed to a noise level that exceeds legal limits during a normal day, according to a draft project of the Bucharest General Council, cited by Digi24. Local authorities aim to reduce the noise level in the city, starting from a report from the Environmental Directorate, which shows that nearly 1.9 million…