Category: Uncategorized

The Employers’ Organization of Private Railway Companies in Romania (OPSFPR) has filed a new complaint with the European Commission, claiming that the government is using newly-established company Carpatica Feroviar in a scheme aimed at avoiding the recovery of incompatible state aid from insolvent state company CFR Marfa. According to OPSFPR, Carpatica Feroviar is not selling…

The government of Romania will continue to distribute as dividends, from the companies it controls, at least 90% of net profits until 2028, according to the Report on the Macroeconomic Situation for 2025 and the Projection for 2026-2028 accompanying the state budget law consulted by Cursdeguvernare.ro. “When estimating budget revenues for the period 2025-2028, the…

Romania sold EUR 2.8 billion in two FX bonds denominated in euros, with maturities of five and nine years, and USD 1.25 billion (EUR 1.21 billion) of 12-year US dollar-denominated bonds, according to Economedia.ro. The timing of the issue is complicated both domestically and internationally, but the government announced an ambitious 2025 budget plan in…

Bucharest mayor Nicușor Dan has officially launched his presidential campaign website, inviting supporters to join what he calls “a community-driven campaign.” In his announcement, he emphasized the need for public engagement, outlining three key ways people can get involved: donations, volunteering, and signature collection. The campaign aims to raise EUR 2 million, Dan said, recalling…

Environmental non-governmental organization WWF-Romania (World Wide Fund for Nature) recently warned that the Danube Delta could lose 2,500 hectares to intensive agriculture. The warning was issued on February 2, World Wetlands Day, and concerns the Carasuhat area in the Danube Delta. This is a region that was partially restored through a European project funded with…

Far-right and pro-Russian politician Călin Georgescu, who shot from obscurity to the forefront of Romanian politics in the now-canceled presidential elections, called for Romanians to boycott supermarkets on February 10.  In his call, Georgescu gave the example of Croatia, where consumers boycotted supermarkets in protest of rising prices earlier in January. The nationalist candidate also…

The controversial real estate developer Nordis, operating in some of Romania’s prime residential and commercial areas, collected nearly EUR 200 million through a “three-tiered pyramid scheme,” according to prosecutors from the Directorate for Investigating Organized Crime and Terrorism (DIICOT). A large-scale DIICOT operation was underway in the Nordis case on Monday, February 3, with dozens…

Cristina Caramizaru, expert with over 20 years of experience in executive search and leadership advisory, joins Selion Global Romania as Partner. Launched in Romania in 2024 by Filip Nemteanu and Mihai Bajan, Selion Global Romania is the local branch of an international executive search and leadership consulting firm, dedicated to promoting organizational excellence through tailored…

Production volumes fall at quickest rate on record (since July 2023) Softer drop in new orders signaled Sharp decrease in purchasing activity supports stock reduction The latest BCR PMI® data showed the decline in the Romanian manufacturing sector deepening. Operating conditions deteriorated to the largest extent across the survey history to-date in January, with the…

Romanian finance minister Tanczos Barna recently stated that the government will regulate the local cryptocurrency market, forcing all companies to obtain an authorization to operate. Barna admitted that at the moment the state does not know the real size of the cryptocurrency market in Romania. “We will have a real dimension after we require all…