Category: Uncategorized
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Romania’s ROCA Industry invests EUR 6.5 mln in Moldova
ROCA Industry, the industrial holding company listed on the main market of the Bucharest Stock Exchange, has invested more than EUR 6.5 million in its operations in the Republic of Moldova, the company announced. The investment aligns with its strategy to expand regional production capacity and optimise operations in the building materials sector. In 2022,…
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Romania to ask renegotiation of National Recovery and Resilience Plan in March
Prime minister Marcel Ciolacu said on February 21 that Romania will request the amendment of the National Recovery and Resilience Plan (PNNR), and this will most likely be done in March, according to Spotmedia.ro. Ciolacu met in Brussels with the president of the European Commission, Ursula von der Leyen, and the priority topic was payment…
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Fitch affirms Romania’s fragile BBB-/negative sovereign rating
International rating agency Fitch affirmed Romania’s BBB-/negative sovereign rating, noting, besides the twin current account and budget deficits, the political instability caused by repeated presidential elections and a more fragile majority in parliament for the ruling coalition. “Fitch also lists the challenges for the next period and gives a clear signal that we must continue…
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Romanian interim president, PM congratulate Friedrich Merz for election win in Germany
Romania’s interim president Ilie Bolojan and prime minister Marcel Ciolacu have congratulated Friedrich Merz and the Christian Democratic alliance CDU/CSU for winning the parliamentary elections in Germany. They both noted the importance of stronger bilateral relations between the two countries. “Congratulations to Friedrich Merz & our friends from the CDU/CSU for winning the parliamentary elections…
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Berlinale 2025: Romanian director Radu Jude wins second Silver Bear with Kontinental ’25
Romanian director Radu Jude has won the Silver Bear for Best Screenplay for Kontinental ’25 at this year’s Berlin International Film Festival/ Berlinale. Kontinental ’25 is Jude’s third film awarded in Berlinale’s main competition, after Aferim!, which earned him the Silver Bear for Best Director in 2015, and Babardeală cu bucluc sau porno balamuc/ Bad…
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North Bucharest Investments: Accelerated growth in 2024, even more promising prospects for 2025
With nearly 1,300 real estate transactions in 2024, the company tripled its sales volume compared to 2023. The total value of real estate transactions reached EUR 146 million in 2024. There were 114 transactions in January 2025, double the number in January 2024. With a total of almost 1,300 real estate transactions, North Bucharest Investments…
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Russia manipulated elections in Romania, French president Emmanuel Macron says
French president Emmanuel Macron said that Russia manipulated elections in Romania and that the cancellation of last year’s presidential elections did not shock him as a result of that intervention. Macron made the comments during a session of questions from users on social media regarding the situation in Ukraine. Over one hour, he addressed several…
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Education Ministry publishes 2024 list of top universities in Romania
Romania’s Ministry of Education released the latest edition of the National Metaranking, identifying the top universities in the country. The ranking has undergone minor changes compared to last year’s edition or the last independent metaranking published in the fall by academic experts. The Transilvania University of Brașov has entered the top 5 universities in Romania,…
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Romania needs to borrow RON 230 bln in 2025, finance minister says
Romanian finance minister Tanczos Barna marked the listing of the largest offering of Fidelis state bonds on the Bucharest Stock Exchange by ringing the BVB bell on Thursday, February 20. He also laid out the government’s borrowing plan for 2025. Barna said that Romania borrowed RON 250 billion last year, with around RON 16 billion…
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Romanian far-right opposition leader invites Elon Musk to Bucharest
The leader of the far-right Alliance for the Union of Romanians (AUR) party, George Simion, published a letter on Friday, February 21, inviting Elon Musk to visit Bucharest. The American billionaire recently tweeted on the topic of Romanian politics in support of the far-right. In total, Musk has expressed his dissatisfaction with the presidential election…