Category: Uncategorized
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Romania’s egg exports surge to EUR 140 mln in 2025
Romania’s egg exports rose sharply in 2025, reaching over EUR 140 million – nearly triple the previous year’s level, marking a 160% increase, according to data cited by Ziarul Financiar. The jump represents the strongest growth in recent years and highlights a broader upward trend. Compared to a decade ago, the value of egg exports…
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Romania’s Hidroelectrica plans BESS capacities of 3,000 MWh
Romania’s hydropower plant Hidroelectrica (BVB: H2O) has under different stages of development battery energy storage system – BESS projects with a total capacity of over 3,000 MWh, some of them able to deliver energy at nameplate capacity for four hours, according to Economica.net, based on data included in the company’s reports. A first project is…
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AFI Europe reportedly weighs EUR 315 mln retail parks acquisition amid strong Romania pipeline
Israeli developer AFI Europe is expanding both organically and through potential acquisitions in Romania, its key market, where it holds a EUR 1.52 billion portfolio and a substantial development pipeline. According to data cited by Ziarul Financiar, the company is currently evaluating the acquisition of a portfolio of six retail parks put up for sale…
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ICSID dismisses Plaza Centers’ EUR 385 mln claims against Romania on jurisdictional grounds
Plaza Centers, listed on the London (LON: PLAZ), Warsaw, and Tel Aviv, announced that the International Centre for the Settlement of Investment Disputes (ICSID) Tribunal dismissed on jurisdictional grounds its EUR 385 million claim against Romania concerning the Casa Radio project in Bucharest – a large-sized project in the Romanian capital city initiated in 2004…
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Romanian president Nicușor Dan congratulates Péter Magyar on Hungarian election victory
Romanian president Nicușor Dan has congratulated Péter Magyar on his victory in Hungary’s parliamentary elections, describing the result as a clear expression of the Hungarian people’s will. According to preliminary results, the opposition Tisza Party is expected to secure a record two-thirds majority in Hungary’s parliament following the recent vote. President Dan praised the outcome…
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Miart 2026: Bucharest gallery Gaep brings group presentation to Milan international art fair
Art gallery Gaep will present works by Vlad Albu, Felipe Cohen, Cătălin Pîslaru, and Raluca Popa at this year’s international art fair Miart in Milan. On view from April 17 to April 19 at Allianz MiCo South Wing, Gaep’s presentation brings together four artists at different stages of their careers, including an emerging artist, Vlad…
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Romania’s Oltenia Energy Complex starts mass layoffs
Around 600 employees at the Oltenia Energy Complex in southern Romania submitted unemployment claims after their fixed-term employment contracts ended at the beginning of April. About 1,400 employees whose employment contracts were concluded for a fixed term have lost their jobs on April 1. They will be followed by another 300 whose contracts expire on…
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Romanian group Agroland eyes 300 Mega stores by 2028
Agroland, present in the retail, agribusiness, food production, and animal nutrition sectors, plans to open between 15 and 20 stores under the Mega brand yearly to pass the benchmark of 300 units by 2028, it said. Agroland recently opened a Mega store in Cumpăna, in Constanța county, bringing the network of stores under this brand…
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Romanian nuclear energy producer Nuclearelectrica launches feasibility study tender to double production of fuel
Nuclearelectrica (BVB: SNN), Romania’s only nuclear energy producer, launched a tender worth RON 3.1 million for a feasibility study to double the production capacity of CANDU-6 type nuclear fuel bundles. The project regards the nuclear fuel plant in Mioveni, in southern Romania. Until now, another plant in Pitești served as the only producer of the…
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Regulations governing Romania’s foreign workers must be simplified, minister says
The process by which foreign workers arrive and work in Romania is currently too complicated and difficult to track, and must be simplified, according to economy minister Irineu Darău. To improve the entire process, the government will issue an Emergency Ordinance project, developed by the Ministry of Labor together with the Ministry of Foreign Affairs.…