Category: Uncategorized

Romania is facing a severe public health challenge as it reports 85% of all measles cases in the European Economic Area, according to data released by Monitorul Social, a project of the Friedrich Ebert Foundation Romania. The alarming figures highlight the country’s struggle with low vaccination coverage amid a regional surge in infections. Over the…

A Flashdata electoral poll carried out during April 10-12 and published by B1TV revealed that the far-right frontrunner candidate George Simion (Alliance for the Union of Romanians – AUR, 27% of the options expressed) leads at a thinner-than-anticipated margin. His main challenger may be the ruling coalition’s candidate, Crin Antonescu (Social Democrats-Liberals-Hungarians, 26%), with independent…

Romania’s Arctic Stream (BVB: AST), an IT integrator using Cisco technology to provide high-performance products and services, plans to pay RON 1.4 dividend per share this year (+16.6% y/y), resulting in a dividend yield of nearly 7% depending on the share’s price.  The dividend proposal is included in the agenda of the general shareholder meeting…

The Romanian Ministry of Finance, through its Fidelis and Tezaur issues, has borrowed RON 16 billion (EUR 3.2 billion) from the population in Q1, three times up y/y, according to data compiled by Profit.ro. The state debt purchased by Romanian households accounts for just over half of the RON 30 billion (EUR 6 billion) collected…

Romanian IT services provider Life in Codes has expanded its European footprint by opening a new office in Brussels while shifting from a freelance-based staffing model to employing in-house specialists. The company reported a turnover of EUR 7 million for 2024, with EUR 1.2 million generated from operations in Romania, according to a company announcement.…

Romanian aluminum producer Alro has raised concerns over a potential influx of low-cost aluminum imports from China into the European market following new tariffs imposed by the United States. Marian Năstase, Chairman of the Board of Directors at Alro, speaking at an energy sector conference and quoted by Economica.net, warned that the redirection of Asian…

Real estate developer Hagag Development Europe signed a partnership with Romanian peer Niro Investment Group to refurbish a 6,800 square meter office building built by the latter on land under concession in northern Bucharest.  The building will be renovated, and the first tenants will move in at the beginning of July. 18% of the office…

State-controlled gas group Romgaz (BVB: SNG) has launched on the electronic procurement platform SICAP a tender to buy consultancy services aimed at evaluating, assisting in the negotiation, and, eventually, purchasing the production assets of the Azomureș fertilizer plant, according to Economedia.ro. Azomureș is currently owned by the Swiss group Ameropa. It is the only fertilizers…

The European Commission (EC) has approved a EUR 16 million increase in state aid for the rehabilitation of the district heating system of Bucharest, according to a press release from the Romanian Competition Council quoted by Economica.net. At the same time, the Commission extended the period for granting state aid until December 31, 2027. In…

Crin Antonescu, the ruling coalition’s candidate in the presidential elections, stated in a Facebook post that the European Union must abandon the Green Deal in favor of a Smart Deal, which would allow access to cheaper energy, including for Romanians affected by current regulations. “I want cheap energy for Romanians. Through the Green Deal, the…