Category: Uncategorized

Former Romanian state-owned coal and power group CE Oltenia will rehabilitate a 9.9 MW hydropower plant owned through its subsidiary Electrocentrale Turceni under the Modernisation Fund, the Ministry of Energy announced on December 9. The project involves investments worth RON 46.9 million (EUR 9.4 million) TVA included, of which 65% is provided as a grant…

Romanian proximity store chain AuGust, co-founded by local entrepreneur Gabriel Sandu, announced that it has entered into negotiations for the acquisition of the 87 Profi and Mega Image stores that the Dutch-Belgian Ahold Delhaize must sell as part of the transaction through which it acquired the Profi chain, Economica.net reported.  The company Pronto August, controlled…

Romania’s railway operator CFR is the 11th most punctual in a ranking of similar companies across Europe put together by NGO Transport & Environment and quoted by local Agerpres. The Italian operator Trenitalia is the best railway company in Europe, with a score of 7.7 out of 10, while Eurostar, the high-speed train operator connecting…

A 52-year-old man, an employee at the Pitești Zoo, in southern Romania, was attacked and killed by a tiger after failing to follow safety rules. According to preliminary information made public by Pitești City Hall, the man arrived at work without reporting any health issues. However, during the course of daily activities, he entered the…

Trei kilometri până la capătul lumii/Three kilometers to the end of the world, the latest feature directed by Emanuel Pârvu, won the European University Film Award (EUFA) 2024. The winner was announced before the European Film Awards Ceremony last week.  The jury composed of students from 23 European countries chose the winning film from the five nominations announced…

The Ministry of Foreign Affairs (MAE) reiterated Romania’s support for the unity, sovereignty, and territorial integrity of Syria after the rebels caused the fall of the Russia-backed Bashar al-Assad, ending years of civil war and five decades of rule. Romania also noted the necessity of resuming the political process based on UN Security Council Resolution…

Launch of revised code, which sets a new standard for business excellence EBRD partnered with Bucharest Stock Exchange to develop the new code Training for listed companies and other stakeholders to be rolled out in 2025-26 The revised corporate governance code for the Romanian market is published today by the Bucharest Stock Exchange (BVB). BVB and the European Bank…

Romania’s National Anti-Corruption Directorate (DNA) announced the indictment of seven individuals, including Iulian Dumitrescu, the former president of Prahova County Council, on multiple charges of bribery, influence peddling, and financial misconduct. The charges target events that occurred between 2021 and 2024, with Dumitrescu accused of accepting bribes and using his political influence to secure illicit…

Romanian group Electrica, a supplier, distributor, and producer of electricity, announced on Monday, December 9, that it is facing a cyberattack and is working closely with national cybersecurity authorities to manage and resolve the incident. The company aims to identify the source of the attack and minimize its impact as quickly as possible. In a…

The small center party REPER called on Romanian president Klaus Iohannis to declassify information related to the parliamentary elections, similar to the disclosures concerning the presidential elections, given public information about the interference of multiple state actors in Romania’s democratic process. The call comes after Romania’s top court ordered the presidential elections to restart from scratch…