Category: Uncategorized
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Romania’s Social Democrats go ahead with internal referendum against Liberal PM, USR
The leading body of the Social Democratic Party (PSD), the National Permanent Bureau, voted unanimously on March 2 to prolong the mandate regarding the internal consultation on the option to condition the party’s stay in the ruling coalition on one or two requests, according to Cursdeguvernare.ro. The consultation focuses on two issues considered essential by…
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TeraSteel inaugurates new EUR 20 million production facility in Romania
TeraSteel, taken over by the Kingspan group from the Romanian TeraPlast group in 2020, inaugurated on February 28, in southern Romania at Lehliu-Gară, the most modern thermal insulation panel factory in Romania. The project involved an investment of over EUR 20 million, of which EUR 8 million was state aid. Through this investment, TeraSteel adds…
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Romania’s ruling coalition promises 2026 budget draft this week despite divergences
The four-party ruling coalition in Romania decided, after a meeting marked by still significant divergences on March 2, that a budget closing meeting would take place two days later on March 4 to finalize all chapters of the 2026 budget and adopt the final form agreed upon at the coalition level, according to Ziarul Financiar…
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Middle East crisis to impact Romania’s economy through inflation, risk-aversion
The Middle East crisis will most likely impact the Romanian economy, as well as the other economies in the region, through two main channels: higher oil and gas prices maintaining inflation at elevated levels, hence deferring expected rate cuts with an impact on growth (also impacted directly from the higher energy prices), and investors’ higher risk-aversion…
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Bryan Adams to return to Romania for December show in Cluj-Napoca
Canadian singer Bryan Adams will perform at BT Arena in Cluj-Napoca on December 17, as part of his global “Roll with the Punches” tour, Agerpres reported. The show marks the star’s return to a Romanian stage following his “Bare Bones” concert in Bucharest in spring 2025. The “Roll with the Punches” tour is designed for…
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Romania repatriates over 300 citizens from Middle East amid ongoing security crisis
A total of 318 Romanian citizens, including pilgrims and tourists, were repatriated overnight from the Middle East, arriving safely at Bucharest’s Henri Coandă International Airport on two charter flights, foreign minister Oana Țoiu announced. The flights were organized by travel agencies in cooperation with the national carrier Tarom. According to the minister, the passengers traveled…
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EVERGENT Investments reports a net result of 387.39 million lei in 2025, up 43.5% compared to 2024, and a total return on EVER shares of 103%, nearly double that of BET-TR
EVERGENT Investments, an investment company listed under the symbol EVER, reports a net result of 378.39 million lei for the year 2025, up 43.5% compared to the previous year. The net result is the company’s main financial performance indicator and consists of 258.30 million lei – net profit and 120.09 million lei – net gain…
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Gopo Awards 2026: Jury announced for 124 Romanian films awaiting nominations
The Association for the Promotion of Romanian Film announced the members of the two juries who will decide the nominees, productions, and artists for the 2026 Gopo Awards, the most important awards in the Romanian film industry. This year, 124 Romanian films released in 2025 enter the judging stage: feature films, documentaries, and short films,…
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Romanian energy minister expects fuel prices to slightly increase after Middle East conflict
Romania’s energy minister, Bogdan Ivan, said that a price increase of roughly RON 0.03-0.05 per liter of gasoline and diesel is expected in the coming period due to the conflict in the Middle East. At the same time, he rejected rumors that prices will increase to RON 10 (EUR 2) per liter, from around RON…
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Falcon Defence announces EUR 253 mln contracts, new production platform in Romania
Falcon Defence, a defence contractor based in the United Kingdom, announced its entry into the Romanian market through the launch of an integrated production platform for energetic materials and artillery ammunition, supported by contracts worth EUR 253 million for deliveries in 2026. The contracts will be fulfilled through the group’s existing production facilities in Europe…