Category: Uncategorized
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Poll: Majority of people in the Republic of Moldova see relations with Romania as good
A clear majority of people in the Republic of Moldova consider that relations with Romania are good. Specifically, 55% of them think they are good, and 14.2% see them as very good, according to an opinion poll titled “Results of the socio-political Omnibus-type survey,” conducted by Ates Research. The relationship of the Republic of Moldova…
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West Side Flower Fest returns to Bucharest park with literary-themed gardens and free events
West Side Flower Fest, Romania’s largest flower festival, is set to return for its third edition from May 30 to June 1 in Bucharest’s Drumul Taberei Park. Organized by the District 6 City Hall, the event promises a fairytale atmosphere with giant floral installations, themed gardens inspired by classic literature, live performances, workshops for children,…
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BBC: Romanian-born Tesla whistleblower scores legal victory against Elon Musk
Cristina Balan, a Romanian-born engineer and former top employee at Tesla, has won a key victory in her years-long legal fight against Elon Musk’s company. A panel of appeal judges in California reversed a previous court decision that had upheld an arbitration ruling in favor of Tesla, effectively allowing Balan to relaunch her defamation case,…
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Agreements between Romania and US “in force and respected,” defense sources say
The agreements between Romania and the United States are in force, respected, and permanently adapted to security developments in the regional environment, according to defense sources cited by Agerpres. Among the agreements still respected are those regulating the US military presence in Romania. To that end, the rotationally stationed American forces at the 57th Air…
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Romania’s competition body asks Vodafone, Digi to address concerns prompted by their planned Telekom takeover
Romania’s competition body, Consiliul Concurentei, expressed eight concerns in a press release on April 16 regarding the transactions through which Vodafone Romania intends to take over Telekom Romania Mobile Communications and Digi Romania SA would take over some of the assets of the same company. These concerns refer to the potential impact on competition in…
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OMV Petrom and CE Oltenia develop 550 MW PV parks on site of former coal mines in Romania
OMV Petrom (BVB: SNP), the largest integrated energy producer in South-Eastern Europe, in partnership with Complexul Energetic Oltenia (CE Oltenia), a large coal mining and power complex transitioning toward low-carbon energy production, announced the signing of design and execution contracts for four photovoltaic parks with an installed capacity of 550 MW, according to a note…
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Romcim takes over two concrete stations in northeastern Romania
Romanian cement producer Romcim, owned by the Irish group CRH, has completed the acquisition of two concrete production plants located in the northeastern part of the country in Miroslava and Iaşi, previously owned by BCC Agregate Betoane. “Proximity is an essential factor in the construction industry, and we are pleased that these two concrete production…
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Romania prepares for electricity oversupply during Easter period
The conventional electricity producers and the power distribution companies are preparing to accommodate the expected oversupply of electricity by renewable energy units, including the prosumers, during the Easter period, when the consumption drops below that during working days. Particularly, the prosumers, with an installed capacity estimated at 2,700 MW, “are now a challenge,” according to…
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Romania’s automobile production down 11.2% y/y in Q1
Romania’s automobile production decreased by 11.2% y/y to 135,723 units in Q1, according to data compiled by the industry association ACAROM. The contraction was milder, only 5.9% y/y, in March. Out of this, Renault-owned Dacia produced 75,812 units and Ford Otosan 59,911 units. Although both Romanian car factories, Dacia in Mioveni and Ford Otosan in…
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Recently recovered Dacian gold bracelet on display at Romania’s National History Museum
A Dacian gold bracelet dating back to the mid-1st century BC is now on display at the National History Museum of Romania, following its recent recovery by Romanian judicial authorities at the end of 2024. The artifact, part of a treasure discovered near the archaeological site of Sarmizegetusa Regia, had been trafficked illegally before being…