Category: Uncategorized
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Voices of Romania: New episode with Serge Ioan Celibidache, director of The Yellow Tie, is now live
The newest episode of Voices of Romania, Romania Insider’s interview series, is now available on Spotify, YouTube, Apple Podcasts, Deezer, and all major audio platforms. This edition features an in-depth conversation with Serge Ioan Celibidache, film director and son of the legendary Romanian conductor Sergiu Celibidache. Recorded shortly after the official release of Cravata Galbenă,…
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Romania’s Treasury seeks to cut borrowing costs paid on primary retail market
The Treasury set a coupon of 6.55% for the 2-year state bonds on sale in the primary retail market in December, 40 basis points from 6.95% paid in November, and 65 basis points lower compared to October. The coupons for the other maturities have decreased accordingly to 7.1% for the 4-year maturity (-25 bp from…
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Romania plans thinner FX issues in 2026 amid pre-financing and tapping non-market sources
Romania will significantly reduce Eurobond issuance to EUR 10 billion in 2026 after it has been one of the biggest emerging market debt issuers in the world in 2025 (EUR 16 billion ytd), debt agency chief Stefan Nanu told Reuters. The government will face higher nominal gross financing needs in 2026, but non-market funding sources…
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Romania reportedly clears 316 MW of wind power capacities under third CfD auction
Wind projects with a total capacity of almost 316 MW have been declared winners in the third auction under the Contracts for Difference (CfD) scheme, above the minimum threshold set by the Ministry of Energy, according to sources quoted by Economica.net. The third auction was organised because of insufficient projects approved under the second auction.…
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Fitch affirms Romania’s CEC Bank at BB with stable outlook
Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) of Romania-based, state-owned bank CEC Bank at BB/stable, its Viability Rating (VR) at bb, and Government Support Rating (GSR) at b, based on the bank’s moderate, albeit strengthening, business profile, adequate capitalisation, and reasonable funding and liquidity. This puts the Romanian bank’s rating two notches…
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Listing of Bucharest Airports Company at the Stock Exchange hindered by state’s opposition
Romania’s Ministry of Transport blocked a key procedural step required for the listing of Bucharest Airports Company on the Stock Exchange (BVB) after opposing an item on the shareholders’ agenda concerning the resumption of the auditor selection process. The vote took place at the end of November, following a request by Fondul Proprietatea, which holds…
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Romania invests EUR 38 mln in lab-quality optical equipment factory
Romania has begun work on a specialised production facility in Măgurele, near Bucharest, that will manufacture laboratory-grade mirrors and lenses, including components for the world’s most powerful laser hosted at the adjacent research centre, Digi24 reported. The investment amounts to almost RON 192 million (EUR 38 million), financed through the Ministry of Development. Authorities said…
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Romania boosts Black Sea defense with acquisition of light corvette from Türkiye
Romania has signed an intergovernmental contract with Türkiye for the purchase of a HISAR-class light corvette, marking a major step in the modernization of the Romanian Naval Forces. It is also the first international sale of a combat ship built in Türkiye to a NATO and EU member state, according to ASFAT representatives. The total…
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Weekend calendar: Gaudeamus book fair, Bucharest Opera Christmas Market, IWA Charity Christmas Bazaar and more
It’s the weekend of the St Nicholas celebration, but also of one for bookworms as one of Bucharest’s two major book fairs is on. Meanwhile, more season markets and events bring a festive atmosphere. In Bucharest: Gaudeamus book fair December 3 – December 7 Hundreds of events are scheduled as part of the bookfair,…
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Decarbonization, a new engine of economic competitiveness – Auchan Romania contributes to accelerating the transition of the agri-food chain through the Climate Supplier Event
In the context in which agri-food systems are responsible for almost one third of global greenhouse gas emissions, Auchan Romania assumes an active role in the transition of its supply chain toward a more sustainable model. At the second edition of the Climate Supplier Event, organized under the aegis of the Climate Change Summit, the…