Category: Uncategorized

A truck belonging to a Moldovan transport company loaded with weapons was detected at the Albita Customs, at the entrance to Romania, on November 20, Europa Libera Romania reported. According to the documents, it was intended for an Israeli beneficiary, but this has not been confirmed. Criminal cases have been opened in both Moldova and…

The Constitutional Court of Romania (CCR) will rule on December 10 on the objections expressed by the opposition party AUR against the revised law that includes higher taxes and better tax collection procedures, passed by the Parliament on November 18 in an amended form, such as to incorporate the issues already spotted by the CCR…

The Social Democrat (PSD) candidate for the Bucharest mayor seat, Daniel Baluta, mayor of District 4 and president of PSD Bucharest organisation, leads with 26.6% of the general voting intentions expressed in the latest poll conducted by Inscop for Informat.ro. He is closely followed by the Liberal (PNL) candidate  Ciprian Ciucu, currently mayor of District…

Cris-Tim Family Holding (BVB: CFH) shares will start trading on the Bucharest Stock Exchange on November 26, following one of the most heavily oversubscribed initial public offerings ever conducted on the local market for retail investors, Ziarul Financiar reported.  The listing follows a RON 454 million offering concluded at the end of October, which attracted…

Banca Transilvania (BVB: TLV) is preparing to launch a new Additional Tier 1 (AT1) bond issue, denominated in euros, with an indicative coupon of 7.625% (semiannual payment), according to Bloomberg information consulted by Economedia.ro. The instrument is a EUR Benchmark Perpetual Non-Call 5.5-year (PerpNC5.5) issue, with fixed interest until the first reset date. If the…

Banca Comercială Română (BCR, part of Erste Bank Group) raised EUR 500 million through its second Eurobond issue, strengthening its access to international capital markets. The issuance follows a local bond sale earlier this month and forms part of the bank’s broader funding strategy. BCR stated that the transaction secured “one of the most competitive…

Premier Energy Group (BVB: PE), a leading integrated energy provider in Southeastern Europe and a listed company on the Bucharest Stock Exchange, announced the acquisition of a 100% stake in a ready-to-build battery energy storage system – BESS development located near Iași, eastern Romania. The project has a planned power input and output of 200 MW…

Kronospan officially announced that it has completed the acquisition of the ZG Timber sawmill in Sebeș, which was previously part of the currently insolvent Ziegler Group, according to Economedia.ro. The transaction ensures the continuity of operations at the Sebeș factory, maintaining jobs for the over 500 employees currently working on site. “Upon obtaining regulatory approvals…

The construction volume index in Romania increased markedly in Q3 by 12.1% q/q in seasonally and workday adjusted data, according to data published by the statistics office INS. All market segments gained momentum, but that of non-residential buildings stood out with a major 14.4% q/q surge. The outstanding performance in Q3 may have something to…

Romania will travel to Turkey on March 26 for the semi-final of the 2026 World Cup play-offs, a match set against a backdrop of numbers that highlight both history and familiarity between the two sides. According to the Romanian Football Federation (FRF), the statistical record between the teams is substantial. Romania reached the World Cup…