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The completion of the Rastolita hydropower plant (HPP) on the Mures river in central Romania “would do much more harm than good, would violate national and EU legislation, and undermine Romania’s international commitments to stop the destruction of nature,” according to the World Wide Fund for Nature (WWF), commenting on the state-controlled power group Hidroelectrica’s…

The European publication Politico included Adina Vălean (PNL, PPE) in a ranking of MEPs worth watching in the new mandate of the European Parliament. Vălean has been Commissioner for Transport in the European Commission for the last five years. She entered the European Parliament on the joint PSD-PNL lists in 2024. Politico highlights that Vălean…

Rețele Electrice companies, part of the PPC Group, signed on July 18 credit agreements worth RON 1 billion (EUR 200 million) with the European Bank for Reconstruction and Development (EBRD), Banca Transilvania, BCR, and ING Bank Romania, as part of a syndicated financing in which the EBRD was the consortium leader. The funds will be…

Romanian low-cost airline HiSky reported a 42% annual increase in the number of passengers on regular or charter routes during the first half of this year, to 767,000 passengers.  The most popular flights of the airline, departing from Otopeni airport, were on the two domestic routes, namely Bucharest-Cluj Napoca, with around 50,000 passengers, and Bucharest-Timisoara,…

CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), announced the successful delivery of 23,000 sqm from the CTPark Arad West project, which will comprise 100,000 sqm in total. An additional 20,000 sqm are ready for tenant fit-out.  “We are currently in advanced negotiations for a…

Romania’s construction works volume contracted by 2.9% y/y in May, dragged down by the 13.3% y/y plunge in the residential buildings segment and by the 6.9% y/y decline in the non-residential buildings segment, according to data published by the statistics office INS. The volume of engineering work kept growing by 4.5% y/y.  According to our…

Cinemascop, the festival that brings a program of film screenings, music, and additional events, returns for its seventh edition to the Summer Garden in Eforie Sud, a resort on the Romanian Black Sea coast. The festival, scheduled to take place between August 1 and August 11, had its first edition in 2018, when the Summer…

The 34th edition of the National Theatre Festival, taking place from October 18 to 27, is set to continue the shift from selection to curatorship, which has already been practiced in previous years. As a result, plays that will be shown were selected following certain criteria, foremost of which is the dramaturgy of the performance.…

President Klaus Iohannis received the athletes who will represent Romania at the Paris Olympic Games at the Cotroceni Palace, in a special ceremony held on July 17. The Romanian delegation has 107 athletes qualified for the 2024 Paris Olympics, which will take place between July 26 and August 11. Team Romania will compete in swimming,…

The Bucharest Authority for Animal Protection (ASPA) launched an online catalog that provides details and shows pictures of dogs currently in the agency’s shelters. The dogs can be adopted. The catalog contains photos of the dogs available for adoption along with detailed information about them – age, sex, color, and size. Additionally, it provides contact…