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Update: The Ministry of Health officially announced 13 victims with second-degree burns, of which 4 were in serious condition, two of them intubated. Two of the patients in serious condition will be transported to the Saint Spiridon County Emergency Clinical Hospital in Iași, and two to the Bucharest Emergency Clinical Hospital (Floreasca) by air. Initial…

The main candidates for the office of mayor of Bucharest responded to ten questions posed by the initiators of the Environmental Platform for Bucharest and the Civic Platform Together for the Green Belt on the most important environmental issues in the capital city.  The candidates are incumbent mayor Nicușor Dan, running as an independent backed…

A new survey conducted nationwide says that Brașov ranks first among the cities most Romanians would like to move to, followed by Cluj-Napoca and Sibiu. The study was conducted by AHA Moments for Destinații Vizionare and presented by the City Hall of Brașov. Oradea is the fourth city on the list, followed by Timișoara, Constanța,…

The energy ministries in Romania and the Republic of Moldova and Techcelerator announced the launch of the SEE CleanTech Accelerator, a new accelerator dedicated to startups and innovators from South-Eastern Europe creating tech solutions for green energy. The initiative is designed to assist startups and creators of technological solutions in developing the field of clean…

The leaders of the Romanian ruling coalition formed by the Social Democrats (PSD) and Liberals (PNL), Marcel Ciolacu and respectively Nicolae Ciuca, speaking separately for Antena 3, have both announced that their parties will have their own presidential candidates this autumn, abandoning the idea of a joint candidate. None of them confirmed, however, their candidacy.…

Romania is about to buy 54 South Korean-made K9 self-propelled howitzers in a procurement contract worth around USD 1 billion, according to senior military sources quoted by Hankyung, a leading economic publication and financial from Seoul, and local Digi24. South Korean defense minister Shin Won-Sik will be on an official visit to Romania next month…

The Romanian state-owned company Transgaz (BVB: TRG), the operator of the national natural gas transmission system, has begun contracting the materials, components, and works necessary to build the supply pipeline for the new 1,700 MW gas-fired power plant at Mintia. The power plant is being developed by Mass Global Energy Rom of the Jordanian entrepreneur…

The Romanian companies that seek to list their shares at the Bucharest Exchange will be given grants between EUR 70,000 and EUR 300,000 under a project launched by the Ministry of European Investments and Projects (MIPE). Starting June 7, interested companies can submit applications to obtain the subsidy for listing their shares on the main…

The government of Romania increased by RON 2.5 billion (EUR 500 million) to RON 15 billion (EUR 3 billion) the volume of loans small and medium-sized enterprises can contract from commercial banks for working capital and investments, with state guarantees and subsidised interest rate, under the IMM Plus scheme.  The scheme is intended to companies…

The shares of the Romanian drugmaker Antibiotice (BVB: ATB), controlled by the state (53%), gained nearly 12.5% on June 6 after the minister of investments Adrian Caciu and the company’s general manager Ioan Nani announced a EUR 100 million project developed under the Strategic Technologies for Europe Platform (STEP) for the production of so-called “critical…