Category: Uncategorized
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Romania’s Liberal, Social Democrat presidential candidates add green belts to their environmental priorities
Prime minister and Social Democrat (PSD) leader Marcel Ciolacu and Senate speaker and Liberal (PNL) head Nicolae Ciucă are the two presidential candidates that have so far added the creation of green belts around cities in Romania to their electoral programs for the upcoming elections. Both candidates have previously signed the Memorandum for Clean Air,…
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Three more F-16 Fighting Falcon aircraft purchased from Norway arrive in Romania
Three F-16 Fighting Falcon aircraft purchased from Norway landed on Thursday, October 24, at the air base in Câmpia Turzii, the Romanian Ministry of Defense (MApN) announced. They will join the 48th Fighter Squadron. This is the fourth series of three F-16s that have arrived in Romania from the total of 32 such aircraft acquired…
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Russian court issues arrest warrant for Romanian journalist after Kursk report
A Russian court has officially charged Romanian journalist Mircea Barbu in absentia with illegally crossing the state border when he accompanied Ukrainian troops into the Russian region of Kursk for a report. The ruling comes after Barbu, along with two other journalists, had a criminal case opened by the Russian Federal Security Service, or FSB,…
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Halloween calendar: Events taking place in Bucharest and in the country
A large festival in Bucharest, events for children, but also film screenings, and an art exhibition exploring characters such as vampires and werewolves – here is a selection of what is happening starting this weekend. West Side Hallo Fest October 25 to October 27 The second edition of the event returns to Lacul Morii Island,…
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Poll shows Romanian PM as winner of presidential elections
Romanian prime minister Marcel Ciolacu (Social Democratic Party, PSD) ranks first in the voting intention for the first round of the presidential elections, followed by George Simion (Alliance for United Romanians, AUR) and Mircea Geoană (independent), according to a survey carried out by INSCOP Research between October 11-18 and quoted by Libertatea. As for the…
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Romania extends EUR 190 mln Resilience Facility grant for microelectronics projects
The government of Romania signed on October 23 the financing contracts for the development program of the microelectronics industry in Romania, financed with EUR 190 million under the Resilience Facility, according to an announcement of the Executive. The contracts were signed with the subsidiaries of the companies Bosch, Continental, and NXP. In the context of…
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Survey shows foreign companies in Romania avoid further investments
A survey carried out by the Council of Foreign Investors (FIC) in Romania among its members shows that companies are reluctant to invest in the period: only 36% of respondents have planned investment increases for the next 12 months, while 43% of companies will maintain investments the same as in the previous year, and 22%…
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Bucharest’s Cathedral Plaza developer seeks ways to contest demolishing ruling
Millennium Building Development, the owner of the land and the Cathedral Plaza office building in Bucharest that recently failed to recover its building permit in court and faces demolition at the request of the City Hall, said it will pursue “all legal options to protect property in the face of administrative excesses and political infighting…
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UK real estate group M Core reportedly ponders buying EUR 100 mln retail assets in Romania
Real estate group M Core, controlled by the British real estate tycoon Caspar MacDonald-Hall, is reportedly in an advanced stage of analysis to acquire two shopping malls in northeastern Romania (Suceava and Focasni) and a package of retail parks in the country, forming a portfolio valued at around EUR 100 million in total, according to sources…
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Romania’s Digi Communications gets permit to buy Portugal’s fourth-largest telco
The telecommunications group Digi Communications (BVB: DIGI) has received from the Portuguese regulator the green light to buy the local company Carbonitel, the owner of the fourth-largest mobile and fixed telecommunications operator in the country Nowo Communications, from LORCA JVCO, according to a note to investors published at the Bucharest Stock Exchange. The Portuguese branch…