Category: Uncategorized

Lukoil Overseas Atash BV, a subsidiary of the Russian group Lukoil and operator of the Trident offshore perimeter in the Black Sea (88%), has officially notified the Romanian authorities that it is in a force majeure situation that makes it impossible for it to continue operations, according to Mediafax. The force majeure could prevent the…

Romanian utilities group Electrica (BVB: EL) announced to investors that it signed on February 24 a Memorandum of Understanding with the integrated steel mill Liberty Galati regarding the joint development of renewable (photovoltaic) energy production and storage capacities of up to 500 MW, on land plots owned by the steel group. Liberty Galati is currently…

German retailer Schwarz, which already operates its chains Lidl and Kaufland in Romania, received from the local competition body (Consiliul Concurentei) a conditional permit to take over the majority stake in Romanian retailer La Cocos, according to a press release issued by the Competition Council. The new owner will have to preserve the business model…

The former coach of Romanian tennis star Simona Halep, Darren Cahill, will return in 2026 to the Sports Festival as a special guest at her official retirement event. The gala match will take place on June 13, 2026, at BT Arena in Cluj-Napoca, and will represent the culmination of the seventh edition of the festival.…

The global leading index provider FTSE Russell published the results of the semi-annual review, bringing several changes to its indices. As such, the shares of Simtel Team (BVB: SMTL) will be included in the FTSE Global Micro Cap indices, while the shares of OMV Petrom (BVB: SNP) will no longer be part of the FTSE…

Across Europe — and particularly in Romania — educational performance is frequently discussed in quantitative terms. Examination results, national rankings, admission statistics, and grade averages dominate public conversation. Success is often interpreted through visible indicators: how high the scores are, how competitive the exams appear, how demanding the curriculum seems. This framing, however, leaves a…

Norofert (BVB: NRF), a major producer of organic agricultural inputs and biotechnology provider for agriculture in Romania, announced the signing of an agreement for the acquisition of a 60% stake in Expert Agribusiness SRL, a Romanian seed producer with local genetics, headquartered in Fundulea, Călărași County.  The transaction amounts to EUR 100,000. The full amount…

Romania and 11 other countries in Central and South-Eastern Europe are expected to sign a joint declaration with the United States on strengthening the security of natural gas supply and ensuring affordable prices in the region.  The declaration is seen as a first step in facilitating US exports of liquefied natural gas in Eastern Europe,…

InnovX and Rubik Hub have been included in FT’s 2026 ranking of Europe’s leading start-up hubs.  Bucharest-born InnovX ranks at number 34, while accelerator Rubik Hub is listed at number 55. The ranking, put together with the data and research company Statista and Sifted, the FT-backed media start-up that covers European tech, highlights “the top…

This year’s edition of SoNoRo Conac, an event that spotlights heritage buildings across the country through chamber music concerts, begins this week with performances in Ploiești and Sinaia. The concert in Ploiești will take place on February 25 at the Ion Ionescu-Quintus County Art Museum, a historical monument that was originally the private residence of…