Category: Uncategorized

Norofert (BVB: NRF), a producer of organic inputs and supplier of biotechnology for agriculture, listed on the AeRO market of the Bucharest Stock Exchange, announced its turnover rose by 12% y/y to RON 45 million (EUR 9 million) in 2024.  The company also said it returned to profit in 2024 (RON 3 million), supported by…

Telecommunications operator Digi Romania, the local subsidiary of the Romanian group Digi Communications (BVB: DIGI), has secured two export credit loans totaling EUR 54.76 million to expand its network infrastructure in Romania and Portugal, according to a note to investors sent by Digi.  The loans, which have a four-year maturity, will commence on April 30…

Romania’s largest refinery, Petromidia, part of  Rompetrol Rafinare group controlled by the KMGI group, will increase its fuel exports to 1.76 million tonnes this year to reach the highest volume of exports in six years. The group’s exports will account for 35% of its output. Even though the domestic market remains a priority, the plan…

Romania’s national gas producer, Romgaz (BVB: SNG), plans to establish a subsidiary in the Republic of Moldova as it expands its supply operations beyond the domestic market. The proposed company, Romgaz Furnizare M, based in Chisinau, would be engaged in the sale of natural gas via pipelines, according to a note to investors sent by…

The increase in diesel imports in Constanta port surged 2.5 times from 1.6 million tons in 2021 before the war in Ukraine to 4.4 million tons in 2024, making the Romanian Black Sea port the largest import destination in the Mediterranean and Black Sea region, according to an S&P Global report. Looking ahead, there is…

Romania’s Economic Sentiment Indicator (ESI) rose to 103 in March 2025, up from 101.7 in February, continuing to recover from the below-average level registered in January, according to a research note published by Erste Group, which concludes that the data suggests “growing optimism” driven by subsiding political uncertainties and issues 2% projection for the year’s…

Famed Argentine-born pianist Martha Argerich was awarded the “Faithful Service Order in the rank of Grand Officer” by the Romanian Presidency, represented by Romanian Honorary Consul to Switzerland Ion Marin, during a special ceremony held on March 27 at Lugano. The ceremony was attended by Andreea Guțu, Chargé d’Affaires ad interim at the Romanian Embassy…

A report from World Vision Romania draws attention to how exposure to toxic content on social media is increasingly affecting girls and young women. Due to insecurities about their bodies, six out of ten teenage girls have tried extreme or unhealthy diets at least once in their lives so as to lose or gain weight. Social…

The National Audiovisual Council (CNA), which governs TV and media in Romania, has recently come under fire after it issued an order for the removal of a video in which a journalist states that the decision of the Central Electoral Bureau to eliminate pro-Russian Călin Georgescu from the presidential race is a coup d’état. The…

The Supreme Council of National Defense (CSAT) has approved the acquisition of a new light corvette for the Romanian Naval Forces, part of the country’s military modernization efforts. The decision was made during a meeting on Friday, March 28, at Cotroceni Palace, presided over by interim president Ilie Bolojan.  The procurement process will be initiated…