Category: Uncategorized

Pavel Popescu, the vice president of media regulator ANCOM, said in an interview with Politico published March 24 that Romania is fighting an information war with Russia to stop election meddling, and not censoring speech, as many US officials and figures like Elon Musk have said.  The Politico article names Romania “ground zero in a…

More than 2,300 military personnel from Romania and 11 allied nations, namely Albania, Bulgaria, Canada, France, Greece, Italy, the Netherlands, Spain, the United Kingdom, the United States, and Turkey, will take part in the multinational military exercise Sea Shield 25, set to take place from March 31 to April 11. Training sessions will be conducted…

Romanians are reportedly among those suspected of a massive fraud of the student loan system in the United Kingdom, according to an investigation by The Sunday Times published on Sunday, March 23. The fraud was straightforward. The would-be students reportedly enrolled in universities without the intention of attending classes, solely to obtain loans they have…

ANG Luxury Properties, a leading real estate company specializing in premium properties and exclusive transactions, said it achieved property sales and rentals worth approximately EUR 26 million in 2024. Over the past year, the company completed an average of 10 transactions per month, including 118 sales and 82 rentals, primarily in Bucharest, with a few…

Integrated energy producer OMV Petrom and Romania’s main gas supplier Romgaz announced the spud of the first well for development and production of the Pelican South and Domino natural gas fields in the Neptun Deep block, located 160 km offshore in the Black Sea. The development plan for Neptun Deep includes a total of ten…

A new Eurobarometer survey conducted in the winter of 2025 shows that 66% of European citizens want the EU to take on a more significant role in protecting them against global crises and security risks. Romania, however, has the lowest share of people who hold the same opinion, 47%, surpassing only Poland (44%).  The survey…

Romania secured a convincing 5-1 victory over San Marino on Monday, March 24, in the 2026 FIFA World Cup qualifiers, climbing to second place in Group H. The Romanian side dominated the match, with goals from Mihai Popescu, Răzvan Marin, Ianis Hagi, and Denis Alibec, along with an own goal from San Marino’s Cevoli, Libertatea…

Romania can go forward with the EUR 200 million capital increase of state-owned bank CEC, currently the third-largest lender by assets in the country and growing fast, after the European Commission (EC) announced on March 24 that it cleared the move.   CEC Bank’s capital would thus rise by 40% to RON 3.5 billion (EUR…

The investment fund Mid Europa Partners, one of the most active investors in the Romanian market, wants to sell Urgent Cargus, the second largest courier company in Romania, according to sources familiar with the discussions consulted by Profit.ro. “Yes, they want to sell. That’s what they would like, to complete the sale this year. However,…

Romania’s general government deficit reached RON 30 billion (EUR 6 billion) in January-February, accounting for 1.59% of the entire year’s expected GDP, according to Profit.ro. The Finance Ministry has not yet released the budget execution data for the first two months of the year. The deficit was RON 29 billion in the first two months…