Category: Uncategorized
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UniCredit Bank Romania places RON 600 mln of five-year bonds on Bucharest Exchange
UniCredit Bank Romania has placed corporate bonds worth RON 600 million (approximately EUR 120 million) with a five-year maturity, due in 2031, in a transaction processed through the Bucharest Stock Exchange (BVB) system, Profit.ro reported. The bonds will be traded under the ticker UCB31. A total of 13 investors participated in the placement. At the…
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NEPI Rockcastle reports sales of its Romanian shopping mall tenants were lowest in the region in 2025
Tenant sales of NEPI Rockcastle shopping centres in Romania grew by only 2.1% in 2025 on a comparable basis – the lowest advance in the region, where sales in Bulgaria recorded a 6.2% increase on a comparable basis, Hungary advanced by 5.1%, and Poland – the largest market alongside Romania – reported a plus of…
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Romania raises EUR 3 bln and USD 2 bln with three foreign bond issues
The Ministry of Finance went out on February 25 for the first time this year to borrow on foreign markets and raised EUR 3 billion and USD 2 billion with three issues. The move follows political normalisation that also brought the yield on the secondary market for local currency long-term bonds to the 2-year minimum…
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Romanian deputy PM Gheorghiu faces deadline for analysis and restructuring decisions of 22 SOEs
Romania’s deputy prime minister Oana Gheorgiu announced that the inter-ministry committee for SOEs reform, which she chairs, also known as CNR9 since it addresses the reform no.9 under the National Relaunch and Resilience Plan, should wrap up the individual discussions with the first 22 SOEs shortlisted for “restructuring” by the end of this month. Decisions…
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Romania scrambles F-16s as Russian drone enters airspace during Ukrainian Danube Port attacks
Romania again scrambled F-16 fighter jets and issued a public alert on Wednesday evening, February 25, after a Russian drone briefly entered its airspace during renewed attacks on Ukrainian Danube ports, the Defense Ministry said. Authorities reported no casualties or damage. According to the Ministry of Defense, the Russian Federation launched new aerial strikes on…
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Weekend calendar: Mărțișor fairs, Japanese animation film fest, concerts, exhibitions
This is the weekend to pick and gift mărțișoare, with plenty of options in Bucharest, where the public can also attend a film festival focused on Japanese animation. In Bucharest: Concerts @ George Enescu Philharmonic February 26, 27 Paul Daniel conducts the George Enescu Philharmonic Orchestra performing, alongside pianist Lucas Debargue, a program of works…
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Pavel Brăila exhibition to open in Bucharest before artist represents Moldova at Venice Biennale
Echoes of Harmony and Silent Cries, an exhibition encompassing works by artist Pavel Brăila, is scheduled to open at Bucharest gallery Gaep on February 27. The exhibition, the artist’s second solo one with Gaep, features three new series of works, namely glass sculptures, ceramic objects, and paintings, which are seen as “containers of grief and…
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Metrorex plans expansion of subway network in western Bucharest
The company managing the Bucharest subway network, Metrorex, has plans for the extension of the underground connections, with 8 new stations and 19 km of new subway line. Director general Mariana Miclăuș spoke to Arena Construcțiilor about the extension, noting that the documentation under preparation concerns the Preciziei – Chiajna segment (3.3 km, two stations),…
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Report: Romanians pay among the lowest taxes associated with a mortgage in Europe
Home buyers in Bucharest pay among the lowest taxes and associated costs in Europe when purchasing a home through a mortgage loan, about EUR 2.500 for an average one-bedroom apartment, according to a market analysis issued by online broker Ipotecare.ro. The associated costs when buying a home include the property registration fee, notary costs, mortgage…
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Bucharest police rescue great crested grebe that fell into the snow
A great crested grebe (Podiceps cristatus) was rescued by a local police officer in Bucharest after it fell into the snow in the yard of a local institution. The grebe, a protected species, most likely flew there from the nearby Văcărești Delta. Due to its legs, which are positioned far towards the back of the…