Category: Uncategorized

A court has sentenced a 71-year-old man to 2 years in prison for animal cruelty after he assaulted a small dog earlier this year, the Bucharest Police said on Tuesday, December 23.  According to the police, the incident took place in July 2025 in District 5, where the man attacked a three-month-old dog. Officers from…

Environment minister Diana Buzoianu announced on Monday, December 22, that the National Environmental Guard (GNM) will begin using an X-ray scanner to detect trucks entering Romania with illegal waste, as part of efforts to curb cross-border environmental crime. In a statement published on Facebook, minister Buzoianu said the mobile scanning system, purchased for around EUR…

Energy producer OMV Petrom and state-owned energy company Complexul Energetic Oltenia (CE Oltenia) announced that construction works have started on four photovoltaic projects with a total installed capacity of approximately 550 MW. Located in Ișalnița, Tismana, and Rovinari, the parks are expected to become operational in 2026. The total investment value for the four photovoltaic…

Education minister Daniel David announced his resignation on Monday, December 22, one year after taking office. Marilen Pirtea, the rector of West University in Timișoara, has been proposed to take over the education minister job, according to reports by Edupedu.ro. In a post on his blog, Daniel David said he never aimed for a career in politics and…

The Ministry of Finance published on December 22 the draft emergency ordinance outlining the main fiscal and budgetary measures to be applied in 2026. The ordinance covers a broad package of measures meant to “stimulate Romania’s economy, reduce public spending, and strengthen financial discipline.” Among the measures to cut public spending are a 10% reduction…

Banca Transilvania has granted an investment loan of over EUR 75 million to Nova H, owned by Nova Power & Gas, for the development of Romania’s largest battery energy storage facility, with a capacity of 200 MW and a storage capacity of 400 MWh. Located in Florești, in Cluj county, the facility began commercial operation…

RenewAcad, a network of training centers in renewable energy, has received a EUR 3.1 million financing from UniCredit Bank to develop the energy storage projects Petrila 1 and Petrila 2. This marks the first stage of an investment program in energy transition and the revitalization of Petrila, a former mining area in Hunedoara county. The…

Mehiläinen, the largest healthcare and social care provider in Finland, has received the necessary regulatory and customary investor approvals for the acquisitions of healthcare provider Regina Maria in Romania and MediGroup in Serbia. Mehiläinen acquired the two healthcare networks from private equity fund MidEuropa in a deal announced this April as “the largest healthcare services…

Against the backdrop of multiple political, macroeconomic, and microeconomic challenges, perceptions of the business climate deteriorated significantly this year, the AmCham Survey on Romania’s Investment and Business Climate in 2025 showed. Confidence declined sharply, from 45% in 2024 to just 21% of participating companies still rating the investment climate as good or very good, a…

Romgaz, the largest producer and main supplier of natural gas in Romania, has listed its second bond issue, worth EUR 500 million, on the main market of the Bucharest Stock Exchange (BVB). The bonds were previously admitted to trading on the Luxembourg Stock Exchange in November 2025. This issue, like the first one, is part…