Category: Uncategorized
-
Nuclearelectrica responds to PM’s scepticism over SMR financing: “Energy mix is not about lowest cost”
Romanian state-controlled nuclear producer Nuclearelectrica (BVB: SNN) has responded to scepticism voiced by prime minister Ilie Bolojan and other senior officials regarding the financing of the planned small modular reactor (SMR) project at Doicești, estimated to cost USD 6–7 billion for a 462MW capacity. The figure is comparable to the estimated EUR 7 billion required…
-
The New Boromir DuoFino Cozonac and Croissant with Two Cream Fillings
Why settle for one flavor when you can enjoy two? The Boromir DuoFino Cozonac and Croissant feature a duo of rich cream fillings, crafted to delight your taste buds. These new collections are designed to bring a unique touch of joy, offering a harmonious blend of smooth, complementary creams and a soft core in every…
-
Romania’s Treasury attaches lower coupons to March bonds for households
With the February edition of the Fidelis scheme for retail state bonds listed at Bucharest Exchange hitting the weakest outcome since July 2021 (RON 1 billion, EUR 200 million), the Treasury pushed further down the coupons attached to the local currency bonds, which is likely to consolidate investors’ already visible preference for bonds denominated in…
-
EC reviews Romania’s request to delay coal plant closures at CE Oltenia
The European Commission announced that it initiated the evaluation procedures for Romania’s request, filed in December, for deviations from the decommissioning calendar of the coal-fired power units operated by CE Oltenia. Romania has notified the Commission that it seeks to modify the restructuring plan at CE Oltenia, previously cleared by the EC, citing delays in…
-
Romania moves to repatriate nationals from Middle East amid air traffic disruptions
Romania is stepping up efforts to repatriate its citizens from the Middle East as escalating military tensions and widespread air traffic disruptions complicate evacuation plans. Prime minister Ilie Bolojan has convened a government meeting for Tuesday morning, March 2, to address the situation, as authorities coordinate diplomatic and logistical measures to bring nationals home safely.…
-
Romania backs US and Israel in Middle East escalation, calls for de-escalation and civilian protection
Amid the sharp military escalation in the Middle East following joint US–Israeli strikes against Iran, Romanian officials have voiced support for Washington and Tel Aviv while also calling for regional de-escalation and the protection of civilians. Foreign affairs minister Oana Țoiu reiterated Romania’s alignment with the European Union’s position and emphasized the role of the…
-
Romanian Easter egg art exhibition to open at Vianden Castle Museum in Luxembourg
The exhibition “The Artistry of Easter Eggs in Romania” will be held from late March through mid-April at the Vianden Castle Museum in Luxembourg, showcasing traditional Romanian Easter egg craftsmanship. The event is organized by the “Dimitrie Gusti” National Village Museum in Bucharest in partnership with Romania’s Embassy in Luxembourg and the Romanian Cultural Institute…
-
Romanian private healthcare network MedLife reports increase in turnover, operational volumes in 2025
MedLife, one of the largest private healthcare networks in Romania, announced its preliminary financial results for 2025 on Thursday, February 26. The pro-forma consolidated turnover reached over RON 3.17 billion (approximately EUR 630 million), up by almost 17% compared to the previous year, while the pro-forma EBITDA reached RON 459 million in 2025. The hospital…
-
Romania’s leading Banca Transilvania registers 16% increase in net profit in 2025
The largest bank in Romania, Banca Transilvania, registered a net profit of RON 4.10 billion (EUR 804 million) in 2025, up 16% compared to 2024, according to data published by the BT financial group on Thursday, February 26. BT’s acquisitions and mergers in 2025 strengthened the position of the Banca Transilvania Group in banking, private…
-
Romanian utilities and infrastructure company Premier Energy sees net profit soar 327% in 2025
Romania’s Premier Energy Group reported a 327% increase in net profit to EUR 103 million in 2025, compared to EUR 24 million in 2024, according to the report sent on Thursday, February 26, to the Bucharest Stock Exchange. The increase was supported by the expansion of production capacities from renewable sources, the increase in electricity…