Category: Uncategorized
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Poll: AUR leader George Simion tops trust in Romanian political figures, president and PM follow
George Simion, the leader of far-right opposition party AUR, ranks first in Romanians’ trust in political figures, followed by president Nicușor Dan and Liberal (PNL) prime minister Ilie Bolojan, according to the latest INSCOP Research barometer released on Tuesday, March 10. The survey also showed Simion leading the ranking of political notoriety, although the gap…
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Illegal gas tank found buried on Romanian beach in Năvodari
A gas tank buried illegally in the sand was discovered on a beach in the Romanian seaside city of Năvodari during preparations for the summer season. Authorities have opened an investigation and announced inspections along Romania’s coastline following the incident. According to the Ministry of Environment, the Romanian Waters National Administration said the discovery was…
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Romania mulls reopening the Petrotel Lukoil Refinery to ease fuel costs
Energy minister, Bogdan Ivan, said that the government is considering reopening the Petrotel Lukoil Refinery in Ploiești, southern Romania, to process a larger quantity of fuel for the domestic market. This would help lower fossil fuel costs, which have risen sharply following the Iran war. The executive is poised to implement a set of measures…
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North Bucharest Investments announces partnership with HILS Development for the sale of the HILS Nord residential project
North Bucharest Investments (NBI) expands its portfolio through a new partnership with HILS Development to promote the HILS Nord residential project — a cosmopolitan development designed for modern urban living, where residential comfort is seamlessly integrated with the principles of sustainable development. Through this collaboration, HILS Nord becomes part of the North Bucharest Investments portfolio,…
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Bucharest Court invalidates witness testimonies in coup attempt case against Călin Georgescu, Horațiu Potra
The Bucharest Court of Appeal has asked the General Prosecutor’s Office to inform it within five days whether it maintains the decision to send to trial or seeks the return of the case file in which former presidential candidate Călin Georgescu and mercenary leader Horațiu Potra are accused of having attempted to destabilise Romania. In…
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German Metrans takes over 50% in multimodal terminal in western Romania
Metrans Group, a Czech company now controlled by a German group, has signed an agreement to acquire a 50% stake in the Arad South multimodal terminal, in western Romania, according to Profit.ro. The transaction is to be completed after obtaining all legislative and regulatory approvals. Afluent is the company that laid the foundations for the…
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SocGen’s Romanian subsidiary BRD to acquire Patria Bank’s asset management division
BRD Groupe Société Générale, through BRD Asset Management, has signed an agreement with Patria Bank for the acquisition of 99.9944% of Patria Asset Management, according to a press release. The transaction is subject to approval by the competent regulatory authorities. Patria Asset Management is a subsidiary of Patria Bank specialised in the management of investment…
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Romania covers nearly half of 2026 external financing needs with EUR 4.7 bln FX bonds
Romania’s Ministry of Finance has raised approximately EUR 4.7 billion from international financial markets, in the country’s first operation on the foreign markets in 2026, as announced on March 9. The bonds were placed on February 25, just three days before the outbreak of the Middle East conflict, followed by a sudden rise in the borrowing…
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Romania expects breakthrough in Resilience Facility fund absorption this March
Romania expects to receive by the end of March some EUR 3 billion under the 3rd and 4th disbursement requests submitted to the European Commission (EC) under the Resilience Facility (RRF), minister of investments and European projects Dragos Pislaru announced during hearings in the Senate on March 9, ahead of a simple motion against him…
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Romania close to passing 2026 budget amid uncertain macroeconomic outlook
The ruling coalition, after its meeting on March 9, agreed that the Romanian Finance Ministry will publish the 2026 budget plan on March 10 and the government will approve the final draft during the week so that the Parliament can begin debates next week, according to Agerpres. The key elements of the budget were already…