Category: Uncategorized
-
Romania wins one gold, four silver medals at the 2025 International Physics Olympiad
The Romanian team won one gold medal, four silver medals, and two special prizes at the 2025 International Physics Olympiad (IPhO), held in Paris, France, between July 17 and 25. Among the Romanian medalists, Ionuț Gabriel Stan from the International Theoretical High School of Informatics in Bucharest won the gold medal. He also received two…
-
Romania sets norms for national trails
The Romanian Government issued on Thursday, July 24, a decision concerning the methodological norms regulating the hiking trails of national interest. The normative act completes the legal framework for the certification, development and administration of these trails. “Romania has incredible places, and Via Transilvanica is living proof that we can showcase them with passion and…
-
“Green Belt” and “Asprete Lives” environmental projects to continue, Romanian minister says
Recently appointed Romanian environment minister Diana Buzoianu underlined that environmental projects focused on creating more green spaces and conserving rare species, like the “Green Belts” initiative, will continue despite recent budgetary constraints. The statement comes after the official met with mountaineer and conservationist Alex Găvan, founder of the projects “Together for the Green Belt” and…
-
Bucharest Exchange-listed Connections completes sale of service delivery subsidiaries to India’s IGT Solutions
Connections, a technology company listed on the AeRo market of the Bucharest Stock Exchange (BVB), has completed the sale of its Back Office Services division in Bulgaria, Serbia, and Romania, held through its company Outsourcing Support Services (OSSR), to IGT Solutions, headquartered in India and with activity covering Europe. The transaction value amounts to EUR…
-
Romania’s president returns land transfer law to Parliament over concerns of state patrimony loss
Romanian president Nicușor Dan, on July 23, formally requested the reconsideration of legislation that would transfer more than 500 hectares of land from the state to the “King Michael I” University of Life Sciences in Timișoara, citing insufficient justification and risks to the state’s assets, the Presidential Administration announced. The bill, initiated by Liberal Party…
-
Romania’s Antibiotice announces EUR 70 million R&D and critical drug production center
Romanian pharmaceutical company Antibiotice (BVB: ATB) plans to invest RON 376 million (approximately EUR 70 million) in a new research and development center focused on the production of critical medicines, the company announced on July 24. The project, to be submitted for funding under the EU Health Program, will be presented for shareholder approval at…
-
Romanian Environment Ministry unveils reform plan for company managing state forests
In a move that may serve as a pilot project to be replicated by other state institutions, Minister of Environment Diana Buzoianu, presented on July 23 a reform plan for Romsilva, the company that manages the state forests. The proposed government decision to reorganize Romsilva aims to regionalize forestry directorates. Currently, there are 41 forestry…
-
Romania establishes government task group for state enterprise reform
The Romanian Government approved the creation of a working group for the reform of public enterprises during its meeting on July 24, Government spokesperson Ioana Dogioiu announced. The group, established by decision of the Prime Minister, will be tasked with evaluating the performance of state-owned companies and proposing structural reforms aimed at improving transparency, efficiency,…
-
French giant Vinci acquires Romanian energy solutions provider EnergoBit Group
Vinci Energies, a global player in energy and information technology services, will acquire Romanian energy solutions provider EnergoBit Group as part of its expansion in Central and Eastern Europe. The acquisition agreement between the founders of the Cluj-based EnergoBit – Stefan Gadola, Pál Péter, and Ioan Socea -and representatives of Vinci Energies was signed on…
-
Bucharest’s Titan industrial platform to be put up for public auction starting at EUR 16 mln
The Titan Heavy Machinery (Mașini Grele) industrial platform in Bucharest’s District 3 will be put up for public auction, as part of the insolvency procedure, with a starting price of EUR 16 million. The assets include a 47,286 sqm plot of land, industrial halls with a total area of 34,870 sqm, an office building (Basement…