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Romanian biofertilizers producer Norofert (BVB: NRF) decided to raise RON 15 million (EUR 3 million) with a bond issue at the Bucharest Stock Exchange, envisaging a 5-year maturity and 10% coupon payable semiannually. Among the reasons for the offer, the company mentions the investments “in irrigation at the farm in Zimnicea, investments for the external…

Digital advertising firm AdNow, reportedly tied to the Kremlin, channeled at least EUR 2 mln into Romanian media and influencers promoting conspiratorial and far-right content between 2016 and 2024, according to financial documents obtained by investigative platform Snoop from the Romanian Tax Office. Beneficiaries include websites of television stations such as Romania TV and Realitatea…

Romanian prime minister Marcel Ciolacu, confirmed as president of the largest party in the future Parliament after the December 1 elections (Social Democratic Party, PSD), avoided voicing support for any of the candidates in the key presidential ballot where reformist Elena Lasconi (USR) and pro-Russian candidate Calin Georgescu meet in what seems to be a…

In her first speech after the validation of the first round of the presidential elections in Romania and after the release of the results of the parliamentary elections, presidential candidate Elena Lasconi (USR) called for a broad democratic ruling coalition to include Social Democrats (PSD), Liberals (PNL), reformists (USR), and ethnic Hungarians (UDMR). Lasconi, who…

The supermarket chain founded by local entrepreneurs in southern Romania at Craiova will inaugurate on December 12, the 11th Senic store in the country and the first in Bucharest, according to Termene.ro. Currently, the network has stores in Sibiu, Caracal, Focșani, Mediaș, Slatina, Brașov, Pitesti, Deva, and Drobeta-Turnu Severin. The company was founded in 1994…

The Romanian Railway Reform Authority (ARF) has published a tender for 12 hydrogen fuel cell electric trains and their maintenance services for up to 30 years, aligning with the country’s National Recovery and Resilience Plan (PNRR). Past attempts failed repeatedly. The contract, valued between RON 1.596 billion and RON 2.468 billion (excluding VAT), aims to…

The Constitutional Court (CCR) has validated the results of the first round of the presidential elections, setting the stage for a second round between Călin Georgescu, the surprise winner of the first round, and Elena Lasconi, the candidate of the center-right Save Romania Union (USR). The decision to validate the first round results comes after…

Helmuth Duckadam, the former star Romanian goalkeeper, passed away at the age of 65 at the Military Hospital in Bucharest on Monday, December 2.  Duckadam, nicknamed “The Hero of Seville,” played a decisive role in securing the only globally significant trophy in Romanian football history, through Steaua Bucuresti’s 1986 triumph against Barcelona. He saved all…

Romania’s state railway operator CFR Călători is set to connect Bucharest to the mountain city of Brașov, about 185 km away, with four new Alstom electric trains as part of its new train timetable. The new timetable, which will come into effect on December 15, will have the railway operator running 1,100 trains daily.  “The passenger…

Two stone statues, carved more than 650 years ago, were discovered during restoration work at the Oradea Fortress, in western Romania. The statues represent the apostles and are likely part of the altar of the former Gothic cathedral, which was an important Catholic pilgrimage site. The cathedral was famous for centuries but was abandoned and…