Category: Uncategorized

Bucharest’s initiative to combine recycling with animal welfare has led to 2,000 meals being provided for stray cats in just two months. Smart vending machines, installed in Tineretului, Floreasca, and Circului parks, dispense pet food in exchange for recycled plastic bottles or aluminum cans. Since their launch, the five machines have collected over 8,000 bottles…

Far-right party leader George Simion is leading in Romania’s presidential race, according to a new CURS poll conducted between March 19 and 22 and quoted by Hotnews.ro. The survey, the first since the final confirmation of candidates, places the AUR leader at 29% in the first round of voting.  A previous AtlasIntel poll also had…

Liberty Galati, the sole integrated steel producer in the region, hopes to resume full operations at a capacity of 2 million tonnes per year, about two-thirds of its nameplate capacity according to the pre-insolvency request approved by the court this month – and the revised European Union’s strategies in the sectors of defense and energy…

Addiko Bank, an Austrian financial institution specialising in the consumer and SME sector operating in Central and South-Eastern Europe (CSE), is preparing to launch operations in Romania with the first solutions offered to consumers in the first quarter of 2025, according to Economedia.ro.  However, the bank does not expect the expansion into Romania to have…

Romania’s Ministry of Energy, as the majority shareholder (82%), required the nuclear group Nuclearelectrica (BVB: SNN) to go ahead with the deal by which company’s JV project with private partner Nova Power and Gas (NPG) will purchase from the latter (NPG) the plot of land for the development of the project – the small nuclear…

Romania will allow foreigners from non-EU countries to work, including as taxi or Uber/Bolt drivers, after changing the rules for obtaining a permit by allowing the exam to be taken in English, Profit.ro reported. Transport organizations in Romania have been insisting for at least 5 years, amid the lack of professional drivers, that the Romanian…

The volume of goods loaded and unloaded in the Romanian maritime ports dropped by 14% y/y to 59.55 million tonnes in 2024, according to data published by the statistics office INS and quoted by Bursa.ro. The overall handling volume’s decline was due to the 26.3% reduction in the volume of loaded goods, while the volume…

Over 600,000 Romanians invest in cryptocurrencies, according to Horia Gustă, president of the Association of Fund Administrators (AAF), quoted by Economica.net. For comparison, the stock exchange has only 220,000 investors. The regulations and lack of financial education are the main obstacles to bringing more investors to regulated markets such as BVB, according to Horia Gustă.…

Yami Fruits, a strawberry and blueberry producer controlled by four Romanian entrepreneurs, is building a fruit processing and packaging hall in Şoimus commune, Hunedoara county, with money from the Just Transition scheme (dedicated to regions hit by decarbonization), according to Ziarul Financiar. The production of blueberries and other forest fruits in Romania has developed quickly…

Controversial social media influencer Andrew Tate and his brother Tristan, who are being investigated on several charges related to human trafficking and other offenses, have returned from the US to Romania after nearly three weeks. They said they returned to clear their names in court, as they’ve done “nothing wrong.” “Innocent men don’t run from…