Category: Uncategorized

Romanian agriculture minister Florin Barbu argued that the EU-Mercosur deal “is nothing more than an economic and interest-based agreement,” conceived “for certain companies that want to import and flood the markets of the European Union with low-quality products.” On the same day, Romanian president Nicusor Dan said the deal is “extremely beneficial” to Romania, especially…

Dragoș and Adrian Pavăl, the owners of Romanian DIY chain Dedeman, bought a curling arena in Flims, Switzerland, intending to demolish it. The investment, worth CHF 4 million (EUR 4.34 million), will probably be connected to the Waldhaus Flims Wellness Resort & Spa hotel, also in the same town, Economica.net reported. Waldhaus Arena is currently…

Star Residence Invest S.A., a company listed on the Bucharest Stock Exchange’s AeRO market under the symbol REIT, has acquired the Polonă 68 office building in the capital city for EUR 19 million. The buyer was assisted in the transaction by law firm PeliPartners, which made the announcement on Monday, January 26. The deal involved…

Cordia Romania, part of the Futureal Group, has acquired an 8,179 sqm land plot in Bucharest and has started construction on Centropolitan, a new residential development near Bucharest Mall and Alba Iulia Square. The land was purchased from Bog’Art Place and already has a valid building permit, allowing construction works to begin. The project will…

Romanian police have detained a 50-year-old Dutch citizen after he was caught in Bucharest transporting around 12 kilograms of a psychoactive substance known on the street market as the “zombie drug.” Officers from the Bucharest Organized Crime Combat Brigade, working with prosecutors from the Directorate for Investigating Organized Crime and Terrorism (DIICOT), said the man…

More than three-quarters (76%) of Romanians believe the country is heading in the wrong direction, while only 19% think it is moving in the right direction, according to a nationwide opinion poll conducted by CURS in January and cited by G4media.ro. If parliamentary elections were held next Sunday, AUR would rank first with 35% of…

Some 44% of Romanians believe that their country should join the Board of Peace proposed by US president Donald Trump, while 69% say president Nicușor Dan should have attended the World Economic Forum in Davos, according to an Avangarde poll conducted on January 22–23 and published by G4media.ro. Support for both positions is higher among…

The benchmarks set so far for the reform of the state owned enterprises (SOE) in Romania are two: initiating the selection procedures for the managing boards where some or all of the members operate under an interim status, by March 31, and initiating by August 31 the restructuring procedure (whatever this may be) for 3…

Romanian authorities have been trying for the last three years to purchase 12 hydrogen-powered trains, with financing provided under the Resilience Facility, according to Libertatea. The procurement procedure is in an advanced stage, the purchasing authority claims. By the end of 2024, three tenders had been cancelled, and only one bidder, Siemens, had submitted a…

Energy minister Bogdan Ivan, speaking on January 25, disclosed that he discussed with Eric Trump, president of the Trump Organisation, at the World Economic Forum in Davos. Minister Ivan claimed that the Organisation could develop the region’s largest AI factory in Romania, according to News.ro.  Eric Trump would be expected to make a private visit…