Category: Uncategorized

Romania is set to enact the Defense Law and the Law on Preparing the Population for Defense, according to defense minister Ionuț Moșteanu. If the draft laws are approved, young people between 18 and 35 years old will be able to do the army voluntarily for a period of four months. According to the Romanian…

Bucharest’s Băneasa Forest, one of the Romanian capital’s most important green lungs, is at the center of a growing dispute as environmental groups warn of irreversible damage if forest roads are opened to car traffic. More than 40 non-governmental organizations and civic groups, together with the Bucharest Environmental Platform, issued an open letter on Tuesday,…

Romania’s deposit-return system has set a new milestone, with consumers handing back more than 580 million beverage containers in July alone, the highest monthly figure since the program’s launch in late 2023, RetuRO announced on Tuesday, August 26. The company, which manages the nationwide Deposit-Return System – SGR, said that from January to July 2025,…

A fire broke out on the night of Tuesday to Wednesday, August 26 to 27, at the Dragonul Roșu (Red Dragon) Complex near Bucharest, impacting roughly 3,800 square meters. Soon after the fire broke out, the materials stored in the hall caught fire as well, partially collapsing the building located on Drumul Gării, according to…

Germany has reaffirmed its strong support for Romania’s bid to join the Organisation for Economic Co-operation and Development (OECD), underscoring the country’s progress toward meeting international standards in governance, transparency, and economic development. The German Embassy in Bucharest announced that ambassador Angela Ganninger conveyed Berlin’s backing during her introductory meeting with Luca Niculescu, Romania’s Secretary…

While explaining that the country’s foreign policy needs to remain predictable and coherent, president Nicuşor Dan outlined three directions that need to be emphasized: security, the economic aspect, and Romanians living abroad. “Our foreign policy needs to remain predictable and coherent: EU and NATO membership, the strategic partnership with the US, and the rule-based order.…

Alexandru Bonea, the CEO of Meta Estate Trust, a holding company active in the real estate sector, will finalize his mandate at the end of October 2025, in agreement with the Board of Directors. A new CEO will be appointed in the next three months. The end of his mandate marks a “natural transition to…

Infinity Capital Investments (BVB: INFINITY) has entered into an agreement with Bulgarian company Buildcom EOOD for a potential transfer of all the shares it holds in Romanian vegetable oil producer Argus Constanţa (91.42%), the company said in an announcement at the Bucharest Stock Exchange (BVB). The agreement also covers the shares held by Argus in…

AROBS Systems, part of AROBS Group (BVB: AROBS), together with Power Net Consulting, acting as leader of the consortium, will deliver and implement an integrated IT system for the Romanian National Employment Agency (ANOFM). The project, financed through Romania’s National Recovery and Resilience Plan (PNRR), aims to modernize and digitalize ANOFM’s operations through a unified…

The net profit of Banca Transilvania Group (BVB: TLV) reached RON 1.97 billion (EUR 394 million) at the end of June 2025, of which the net profit of the lender Banca Transilvania amounted to RON 1.78 billion.  The results were slightly lower than in the same period of 2024, and were impacted by the acquisition…