Category: Uncategorized
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Report: Vehicle theft on the rise globally, Romania among least affected countries
Vehicle theft is on the rise around the world, a cause of concern for car owners everywhere, according to a new study by Compare the Market Australia. However, Romania is among the least affected countries, with few stolen cars relative to the total population. Vehicle thefts leave a lasting impact not just on the direct…
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Romania wins third place at World Robotics Championship held in United States
Romanian robotics teams reached the podium and secured third place at the FIRST Championship World Robotics Championship, held April 16–19, 2025 in Houston, Texas. The CSH team from Timișoara and Eastern Foxes from Ploiești formed an alliance and finished the competition in 3rd place globally, while TehnoZ from Pitești and Alphatronic from Cluj-Napoca finished 1st…
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Romania’s interim president Ilie Bolojan to attend funeral of Pope Francis
The Romanian interim president Ilie Bolojan will attend the funeral of Pope Francis, the Presidential Administration announced on Tuesday, April 22, as reported by local news agency Agerpres. According to the official announcement, the cardinals set the funeral mass for Saturday at 10 AM in St. Peter’s Square. Cardinal Giovanni Battista Re, Dean of the…
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Romania’s interim president calls for responsible environmental action on Earth Day
Romania’s interim president, Ilie Bolojan, delivered a message on Tuesday, April 22, to mark World Earth Day, emphasizing the importance of environmental care for both current and future generations. He stressed that a clean environment is essential for quality of life, public health, and the sustainable development of society. This year’s Earth Day theme, Our…
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EP president Roberta Metsola to receive Timișoara Award for European Values at May ceremony
Roberta Metsola, president of the European Parliament, has been named the 2025 laureate of the Timișoara Award for European Values, an honor established by the Municipality of Timișoara, western Romania. She will receive the award during a gala ceremony on May 22. The jury, composed of prominent Romanian professionals from various fields, recognized Metsola for…
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Romania’s USR leader plans to “deeply restructure” her party
The leader of the Romanian reformist party USR, Elena Lasconi, a presidential candidate for the May 4 ballot with ambiguous support from her own colleagues, announced imminent thorough reforming of her party, apparently involving the replacement of the top leadership that withdrew her support recently. However, the odds for her to conduct the reforms are…
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Hungarian investor builds EUR 20 million mineral wool factory in Romania
Hungarian company Alpin Szig es Szerkezet Epitoipari, through its wholly-owned Romanian subsidiary Mineral Insulation, announced that a mineral wool factory with an annual capacity of 30,000 tons will be built in Miercurea-Ciuc, central Romania, upon a project involving EUR 20 million investments, announced the mayor of the town, Korodi Attila, and Orban Zoltan, on the side…
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Bucharest municipality issues RON 555 mln bonds to refinance its debt
The Municipality of Bucharest (PMB) completed the issuance and placement of bonds with a total nominal value of RON 555.1 million (EUR 111 million), PMB announced in a note to investors at the Bucharest Stock Exchange, where the bonds will be listed. The issue was heavily oversubscribed, with banks placing orders for 190% of the…
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Restart Energy enters pre-insolvency procedure amid cryptocurrency fraud probes involving founder
Restart Energy One, a Romanian provider of renewable energy solutions with two bond issues listed at the Bucharest Exchange, announced in a note to investors that it is entering into a preventive arrangement to avoid insolvency. Its bonds were recently temporarily suspended from trading amid an investigation conducted by prosecutors involving the company’s founder, Profit.ro…
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Eximprod delivers 50 MW PV park, storage facility planned in Romania’s Prahova county
Eximprod Group, controlled by two Romanian investors, announced the completion of a 50 MW photovoltaic park located in Ciorani, Prahova county, according to Economica.net, quoting a contractor’s press release. According to public data, the park owned by Eximprod in the Prahova locality of Ciorani would also have a 21 MW battery. A 110/20 kV electrical…