Category: Uncategorized
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Yields of Fidelis Romanian state bonds stay unchanged in September
The new issues of Fidelis government bonds offered for subscription by the Romanian Ministry of Finance in September keep interest rates unchanged from the previous month, at up to 7.5% per annum for issues in lei and up to 6.3% for those in euros – both yields applying to the 10-year maturities. Investors can subscribe…
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Discount cosmetics and household goods retailer Normal enters Romanian market
Danish retailer Normal is entering the Romanian market this fall and will open its first two stores in Bucharest and Timisoara, Ziarul Financiar announced. The first unit will be inaugurated on September 30 in Mega Mall in the capital, and the second on October 2 in Shopping City Timisoara. It follows the entry of the…
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Romania’s OVES Enterprise joins German STARK to develop AI-powered naval drones
OVES Enterprise, a technology company based in the Romanian city of Cluj-Napoca specialising in autonomous systems and artificial intelligence-based applications, has signed a strategic partnership with German military technology manufacturer STARK. Under the agreement, the Romanian company’s Nemesis AI technology will be integrated into the VANTA unmanned naval systems developed by the German company. According…
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Electro-Alfa may replace restaurant operator Sphera in Bucharest Exchange’s main index BET
Electrical equipment manufacturer Electro-Alfa International (BVB: EAI), listed on the Bucharest Stock Exchange in March 2026, could be included in the main BET index upon review, the results of which are expected this week, according to an estimate by BT Capital Partners cited by Ziarul Financiar. EAI’s market capitalisation surpassed EUR 3 billion (EUR 570…
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Russian attack damages Ukraine border checkpoint with Romania
Russia has struck again at the border with Romania, destroying the Orlivka border crossing and customs checkpoint in Ukraine, which connects the two countries, Digi24 announced on the morning of September 1. Ukraine’s president Volodymyr Zelensky accused Russia of intentionally targeting the Orlivka crossing in an attempt to disrupt freight traffic. The effects of the…
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Romanian PM discusses regional security in phone calls with NATO chief, Ukrainian counterpart
Romania’s interim prime minister Ilie Bolojan discussed regional security and the war in Ukraine in separate phone calls with NATO secretary general Mark Rutte and Ukrainian prime minister Sergii Koretskyi on Tuesday, September 1. The conversations also covered drone incursions, allied deployments in Romania, and potential joint Romanian-Ukrainian defence projects. During his discussion with Mark…
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Italian branch of Bucharest Exchange-listed tech group Simtel announces first projects
Romanian engineering and technology group Simtel (BVB: SMTL), one of the leading players in Romania’s renewable energy sector, announced the signing of the first two projects by Simtel Italia, the subsidiary opened by the Group in Milan in June 2026. The two projects have a cumulative value of approximately RON 15 million and a total…
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Romania’s first digital identity wallet to launch in January 2027
ROWallet, Romania’s first digital identity wallet, was officially announced by the Ministry of Internal Affairs on Tuesday, September 1. The app will be available starting next year on iPhone and Android and will allow users to store official documents on their phones. ROWallet promises to become an essential tool for citizens and residents, according to…
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Bucharest association launches app for people caring for stray cats
Last week, the Părinți de Cireșari Association announced the launch of CatChat, an app dedicated to stray cats in Bucharest. Through the app, people can find out whether a cat on the street is already being cared for by someone. The idea came about when an abandoned cat from a Bucharest neighborhood was treated with…
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President says Romania seeks stronger US economic ties, backs EU integration of Moldova and Ukraine
Romanian president Nicușor Dan presented the country’s main foreign and security policy lines on Tuesday, September 1, during a meeting with the heads of Romanian diplomatic missions from across the world. In a subsequent message on Facebook, the head of state outlined three major points of focus for Romania’s foreign policy: development of economic relations…