Category: Uncategorized
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One-third of Romanians in Spain left the country over the last decade
Spain, one of the EU countries with the largest Romanian communities, has lost one-third of its Romanian inhabitants in the last decade, according to data from the Spanish Statistical Institute. Specifically, the Romanian community in Spain has recorded a decrease of approximately 300,000 people over the last decade, from around 900,000 to 600,000. One of…
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Romanian Cristian Chivu signs coaching contract with Inter Milan until 2028
Romanian former footballer Cristian Chivu has extended his contract with Inter Milan until 2028 after winning the league title and the Italian Cup in his first full season as head coach. Chivu, 45, took over the team last summer after Simone Inzaghi’s departure to Al-Hilal. The appointment of the Romanian sparked skepticism. His only previous…
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Eastern Romania: Strabag to build PV park for Iași Airport
Strabag Romania has signed the contract for the design and construction of the new photovoltaic park with an integrated energy storage system for Iași Airport, in northeastern Romania. The design and construction work will be carried out by the Building Construction team at Strabag Romania. The contract, valued at approximately RON 19.5 million (excluding VAT),…
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PM-designate Adrian Veștea to run for Liberal Party presidency against acting PM Ilie Bolojan
Adrian Veștea (right), launched on the Romanian national political stage after being announced as PM-designate by Romanian president Nicusor Dan on June 14, announced his intention to run for the presidency of the National Liberal Party, or PNL. From the outset, many in PNL interpreted Dan’s appointment as a clear attempt to remove former PM…
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Professional services firm Alvarez & Marsal launches operations in Romania
Global professional services firm Alvarez & Marsal (A&M) has launched its operations in Romania. The decision to establish A&M’s Romanian office “reflects both the growing relevance of the local market and the firm’s ability to support clients through senior, integrated expertise,” A&M said. The launch comes at a time when many Romanian companies are entering…
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Same five bidders enter second round for Romania’s Liberty Galați steel mill
Five companies have registered for the June 19 auction for the Liberty Galați steel plant, formerly Sidex, with the list of bidders unchanged from the first round held three months ago, according to News.ro. The starting price has been reduced to EUR 444 million from EUR 709 million, while the deadline for the sale process…
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Report: Romania’s media market reaches EUR 838 million in 2025
Romania’s media market reached an estimated net value of EUR 838 million in 2025, up 5.4% compared to the previous year, according to Media Fact Book 2026, Initiative’s annual report. For 2026, the forecasts indicate a stable market evolution, against an economic and political backdrop that continues to encourage caution among advertisers, the report shows.…
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Carmaker Porsche invests EUR 5 mln in new center in Romania’s Cluj-Napoca
German automaker Porsche announced the start of the construction of the new Porsche Center Cluj, located near the Cluj-Napoca Airport. The center represents an investment of approximately EUR 5 million and will become the second Porsche Center in Romania and the first in Transylvania. The center will offer customers from the Transylvania region direct access…
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Romania unlocks talks with Serbia on third Iron Gates hydropower project
Romania’s government on June 18 approved the negotiation and signing of a memorandum of understanding (MoU) with Serbia to facilitate information exchanges on the proposed Djerdap (Iron Gates) 3 pumped-storage hydropower plant on the Danube, following an invitation by the US Embassy in Serbia to companies interested in participating in the project. The MoU is…
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Romanian government exercises pre-emption right on Black Sea gas from OMV Petrom
The Romanian government, through the National Administration of State Reserves under the General Secretariat of the Government, has exercised its pre-emption right over part of the natural gas to be extracted by OMV Petrom from the Black Sea starting in 2027, according to Economedia.ro. The measure covers around 5 billion cubic meters of gas over…