Category: Uncategorized

OMV Petrom, one of Ukraine’s largest gasoline suppliers, has started shipping gasoline to Ukraine by road, whereas until now, transport was only done by rail, Economica.net announced, quoting Ukraine’s Enkor. The declared capacity of the new source is 5,000 tons per month and the terminal serves vehicles are equipped according to the latest standards. OMV…

The copper and gold mining project developed by the Canadian mining company Euro Sun Mining in the Rovina area in Hunedoara County, just shortlisted by the European Commission under the Critical Raw Material Act (CRMA), lost its environmental permit last year, and Hungary’s consent is needed for getting a new one, according to Profit.ro. The…

Romania will receive EUR 1.3 billion out of the EUR 2 billion (pre-financing not included) envisaged under the third Resilience Facility request sent to the European Commission and has six months to meet all targets and get the rest of the money, the Ministry of Investments and European projects (MIPE) announced. Romania has completed the…

Romania issued EUR 2.75 billion of euro-denominated FX bonds with 7-year and 14-year maturities, according to Ziarul Financiar. That takes Romania’s Eurobond funding this year to EUR 6.75 billion (2% of GDP) after the country sold the equivalent of EUR 4 billion of euro- and dollar-denominated bonds in February. Finance minister Tanczos Barna concluded on…

Romania will work with Turkey and Bulgaria to monitor compliance with the Russian-Ukrainian 30-day ceasefire in the Black Sea (if it eventually happens), interim president Ilie Bolojan said at the end of the Paris summit of the “Coalition of the Willing.” He also said that the decision on “a numerical increase in NATO forces on the…

The Constitutional Court (CCR) has ruled that the Army has the authority to shoot down drones that fly unauthorized in Romania’s airspace, rejecting challenges from extremist parties AUR, POT, and SOS against the airspace control law. The court unanimously dismissed claims that the law was unconstitutional, stating that Romania’s NATO membership entails shared defense responsibilities…

The Google Street View cars will be back in Romania beginning in April, the company announced. In the coming months, they will visit dozens of localities across the country to update Street View images for more than 25,000 kilometers of roads. The Google Street View cars will cover localities ranging from large cities such as…

The government adopted on Thursday, March 27, an Emergency Ordinance allowing Romanian citizens who reside in an EU member state to obtain electronic identity cards that also serve as travel documents. Government spokesman Mihai Constantin stated that the measure guarantees the right to free movement and residence within the European Union. “For citizens who can…

Untold, the globally recognized festival born in Romania, is set to return for a second edition in Dubai from November 6-9, at a larger venue, Dubai Parks and Resorts. The event promises an even bigger and better experience, showcasing a diverse lineup of musical genres and visual productions. “We were motivated by the joy and…

Ten years ago, filmmaker Șerban Georgescu bought 250 kg of cabbage for 10 euros (his mother needed all for pickling!) and so he made an experiment: he added a new profession to his résumé and went to plant potatoes and cabbage for one year and see if there was a way to make more than…