Category: Uncategorized
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Nova Power&Gas says it joined LNG memorandum at Romanian government’s request
The company’s statement, as reported by Economica.net and Profit.ro, came amid a political controversy triggered by reports in The Wall Street Journal and The Financial Times that US Ambassador to Greece Kimberly Guilfoyle pressured Romania to buy American LNG and suggested that the US had been involved in the dismissal of the Ilie Bolojan government.…
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CFA Romania sees economic growth of up to 0.5% in 2027
The report, which will be presented in its third edition, indicated a year of modest economic recovery as Romania adjusts to the fading impact of the National Recovery and Resilience Plan (PNRR) and seeks new sources of growth, Economica.net reported. CFA Romania’s economists are examining whether investment supported by European funds can become a new…
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Romania’s president expected to designate new PM candidate
The consultations are taking place after the Parliament rejected the government proposed by PM-designate Siegfried Mureșan on September 30, extending the political crisis that has lasted since the Ilie Bolojan government was toppled in May. Sources cited by Digi24 indicated that Dan has two favourites for the position: PSD leader Sorin Grindeanu and interim finance…
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Romania’s ailing Mangalia shipyard up for sale at lower price
The previous auctions were held at the market value of EUR 184 million, excluding VAT, while the new starting price has been cut to EUR 138 million, according to News.ro. Paul Dieter Cîrlănaru, general director of CITR, told News.ro that if there are no offers at 75% of the market value, another auction can be…
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Romanian students win five medals at International Astronomy and Astrophysics Olympiad
Romanian students won three gold and two silver medals at the 2026 International Olympiad on Astronomy and Astrophysics, the Education Ministry announced. The 19th edition of the competition took place in Hanoi, Vietnam, from September 25 to October 5. Alexandru-Ioan Jicu of the Gheorghe Vrănceanu National College in Bacău, Teodor Bichir of the International Computer…
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Thousands march for animal rights in Bucharest
Around 4,000 people joined an animal-rights protest in Bucharest on Sunday, October 4, according to Digi24. The demonstration, held on World Animal Day, brought together campaigners and representatives of more than 70 animal-protection organisations from across Romania. Participants gathered outside the National Theatre in downtown Bucharest before marching toward Victoriei Square. Some travelled from cities…
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Bucharest City Hall plans Dâmbovița River area overhaul
Bucharest City Hall announced plans to transform the Dâmbovița River, the city’s main waterway, in a press release issued on Thursday, October 1. The overhaul will include changes in traffic, the planting of trees, and the creation of wide areas for residents. “All modern European cities make the most of these spaces along rivers. The…
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Romanian tennis legend Simona Halep terminates contract with struggling carrier AnimaWings
Former tennis player Simona Halep announced on Friday, October 2, that she decided to terminate her ambassador contract with AnimaWings, a company that launched judicial reorganization proceedings in recent days. On Wednesday, September 30, AnimaWings announced that it had launched “a judicial reorganization process” due to repeated technical problems with its fleet. “These were compounded…
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Romania’s Banca Transilvania lays out plans to acquire banks in other markets
The management of Banca Transilvania, Romania’s largest bank, presented plans to acquire banks in other markets on Friday, October 2, as part of BT Investor Day, a flagship event for the group. According to the document presented on this occasion, BT aims for organic growth “significantly above the market level and selective mergers and acquisitions.”…
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Fitch Ratings confirms the financial strength of Exim Banca Romaneasca
Exim Banca Romaneasca obtained the first rating from the international rating agency Fitch Ratings, a favourable assessment that reflects the Bank’s financial and risk profile and its ability to continue its development on a sustainable basis, marking an important milestone in its development, and strengthening its active role in financing and supporting the Romanian economy.…