Category: Uncategorized
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OMV Petrom prepares for new exploration drilling in Neptun Deep offshore perimeter
OMV Petrom (BVB: SNP), which owns 50% and is the operator of the Neptun Deep offshore natural gas concession, the largest in the Romanian Black Sea, has begun submitting the necessary documents for the approval of a new exploration drilling on the perimeter, named Cormoran West, according to Profit.ro. Cormoran West is planned for 2027,…
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Romania’s energy minister rules out fuel sales restrictions
Bogdan Ivan, the minister of energy, stated that at this moment there is no liquidity problem on the Romanian fuel market, and assured that there will be no restriction enforced for the quantity of fuel sold to the population. “At the moment, there is no question of limiting the quantities of fuel to the population.…
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Unirii Square reconstruction in central Bucharest reaches nearly 50% completion
Reconstruction works on the Unirii Square concrete slab in central Bucharest have reached nearly 50% completion, District 4 mayor Daniel Bǎluțǎ announced, with progress running ahead of the initial schedule. The project targets the full replacement of the deteriorated structure, a key piece of infrastructure in one of the city’s busiest areas. According to mayor…
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Romania’s USR and PNL warn SocDem party, prepare centre-right alliance
The Romanian reformist party Save Romania Union (USR) and Liberal Party (PNL) have both adopted on March 23 motions in support of the political stability of the ruling coalition, but warned the Social Democratic Party (PSD) “not to make Romania vulnerable” and announced PSD’s decision to pull out of the ruling coalition is a one-way…
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Romania-Moldova power line disconnected after Russian attacks in southern Ukraine
The Isaccea-Vulcănești overhead power line, through which Romania exports electricity to Moldova, has been disconnected on the night of March 23 around 19:00, following attacks on energy infrastructure in southern Ukraine that the power line is connected with, announced energy minister Dorin Junghietu, according to Newsmaker.md. The power line crosses the territory of Ukraine and…
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Romania’s Digi Communications enters UK telecom market
Digi Communications (BVB: DIGI), through its Fiber One subsidiary in England, will begin providing fixed internet services in the counties of Bedfordshire and Hertfordshire in the near future, according to a note to investors. The company informed investors that it has taken the initial steps to enter the telecommunications market in the United Kingdom. On…
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Romania nominates former PM Dacian Cioloș for top Francophonie role
President Nicușor Dan has nominated former prime minister Dacian Cioloș as Romania’s candidate for Secretary General of the International Organisation of La Francophonie. The announcement was made on the occasion of the International Day of La Francophonie, ahead of elections scheduled for November in Cambodia. President Dan mentioned Romania’s strong historical and cultural ties to…
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2026 Easter fairs in Romania: Cities, dates, and activities
Cities large and small welcome the Easter celebration with colorful fairs that blend tradition, craftsmanship, and festive entertainment. From the larger events in Craiova and Timișoara to ones held in historic settings, here are some of the Easter events taking place across Romania this season. Palm Sunday Fair @ Peasant Museum in Bucharest April 3…
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Dubai-based multinational logistics company DP World initiates coastal restoration in Romania
DP World has launched a five-year coastal restoration program in Romania aimed at creating “underwater forests” of native seaweed that will support the recovery of marine life around the Constanța South Container Terminal on the Black Sea. Over the five years, the initiative will focus on restoring a native species of brown algae, Cystoseira barbata,…
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Deloitte: Romanian real estate developers most concerned with construction costs, acquisitions
Construction costs and plot acquisition for future developments are the main concerns of real estate developers in Central Europe in 2026 (27% and 25% respectively), surpassing labor costs and availability, which were the dominant challenges a year ago (19% compared to 26% in 2025), according to the Deloitte 2026 Real Estate Confidence Survey for Central…