Category: Uncategorized
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Over 4,500 Ukrainians applied for asylum in Romania since war began
Romania has issued more than 217,000 temporary protection permits to Ukrainian citizens since the start of the war, while a total of 4,534 Ukrainians have applied for asylum in the country, according to data released by the General Inspectorate for Immigration (IGI) and quoted by Agerpres. The IGI reported that between the outbreak of the…
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Romanian-founded Tekpon acquires TNW brand from The Financial Times
Tekpon, a Romanian-founded software solutions marketplace, announced that it acquired the TNW (The Next Web) brand from The Financial Times. The deal targets full ownership of the TNW media and events brands, which cover and convene the European technology ecosystem, from the FT. “The transaction is Tekpon’s largest investment in media and events so far.…
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Vlad Musțeată, CEO North Bucharest Investments: “2026 is shaping up as one of the strongest investment windows for Bucharest’s residential market”
In a market shaped by shrinking supply, rising capital and shifting global flows, North Bucharest Investments is positioning itself at the center of Bucharest’s next residential cycle. For CEO Vlad Musțeată, 2026 is not a year to watch from the sidelines, but “one of the clearest buying windows of the past decade” for disciplined investors…
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Romanian president promises report on 2024 cancelled elections within “two to three months”
One year after the Romanian Constitutional Court (CCR) annulled the presidential elections and decided a complete rerun, amid a flawed electoral process backed by evidence in a declassified report sent by intelligence services to the state defence council CSAT, president Nicusor Dan announced a detailed report on the developments would be released within two to…
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Bucharest heating supplier Electrocentrale seeks contractor for EUR 400 mln power plant
Electrocentrale București, one of the 17 state enterprises shortlisted by the government for restructuring, has launched the tender for a new gas-fired cogeneration power plant in Bucharest South, a project worth over RON 2.1 billion (EUR 400 million). Interested companies can submit bids until February 5, according to Economica.net. In the bid scoring, the price…
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Nuclearelectrica, US Critical Metals sign non-binding agreement to develop rare earth processing capacity in Romania
Critical Metals Corp (Nasdaq: CRML), an American company specialising in critical minerals, and Romanian nuclear group Nuclearelectrica (BVB: SNN) announced on December 9 the signing of an agreement for the development, in Romania at Feldioara, of an industrial rare earth processing facility. The planned facilities at Feldioara, where Nuclearelectrica operates its subsidiary Uranium Concentrate Processing…
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One United plans EUR 500 mln mixed-use project in Constanța
One United Properties (BVB: ONE), the Bucharest Exchange-listed developer of residential, mixed-use, and office real estate in Romania, announced the signing of a preliminary sale and purchase agreement for a 34,800 sqm plot of land in “the most desirable residential area of Constanța, on the Black Sea coast.” The land is located in the northern…
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Al Dahra to cease grain trading operations in Romania in 2026
Al Dahra Holding will exit Romania’s grain trading market in 2026, withdrawing from a sector with annual exports valued at about EUR 4 billion, Bloomberg reported on December 9, as cited by Ziarul Financiar. The company’s decision follows sustained pressure on international traders operating in the increasingly competitive Black Sea region. “Al Dahra’s exit highlights…
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Europe’s largest dairy milk producer, listed at the Bucharest Exchange, is boosting its processing capacity
DN Agrar Group (BVB: DN), one of the leading integrated agrifood companies in Romania and the largest dairy milk producer in Europe, announced the financing plan for the development of a skimmed milk and cream processing facility, a strategic project supporting the group’s growth objectives for the 2025 – 2030 period. “According to the 2025…
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OMV Petrom gets extra time for more explorations in offshore perimeter Neptun Deep
OMV Petrom (BVB: SNP), as the operator, and Romgaz (BVB: SNG), as an equal partner in the offshore perimeter Neptun Deep, received from the Romanian government a two-year extension to November 2027 for the exploration period provisioned in the concession contract, according to a government press release. The overall period of the contract, which was…