Category: Uncategorized
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Romania ponders allowing pension funds to invest in PE and venture capital funds
The Romanian government’s economic recovery package and the initiatives of the Ministry of Finance, the Financial Supervisory Authority (ASF), and the Investment and Development Bank (IDB) envisage a two-step mechanism for allowing the privately managed pension funds to invest in private equity (PE) and venture capital funds, according to Cursdeguvernare.ro. The measure is advocated by…
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Romania prepares for record absorption and spending of Resilience Facility money this year
Minister of investments and European projects Dragos Pislaru, in a government meeting on the National Recovery and Resilience Plan (PNRR) implementation on February 23, required each ministry to send, by the end of the week, updated information on the progress made and a calendar of the activities envisaged, in order to have the most up-to-date…
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Save the Children and Ukraine’s embassy in Romania start fundraising campaign for generators
Save the Children Romania, in partnership with the Embassy of Ukraine in Romania, announced the start of the “Warmth for Ukraine” campaign, an initiative to raise funds for the purchase of electric generators for Kyiv and other communities in Ukraine severely affected by the destruction of energy infrastructure. According to the European Commission, over one…
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Romanian telco Digi posts 15% YoY increase in consolidated revenues
Romanian telecommunications brand Digi (BVB: DIGI) posted EUR 2.22 million in consolidated revenues and other income, a 15% increase compared to 2024. Adjusted EBITDA increased by 1% YoY, reaching EUR 585 million. In Q4 2025, Digi continued to grow across its entire service portfolio, surpassing 32 million in revenue- generating user agreements (RGUs) across Romania,…
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BVB-listed Romanian agrifood company DN Agrar reports 65% increase in net profit
DN AGRAR Group (BVB: DN), one of the leading integrated agrifood companies in Romania and the largest dairy milk producer in Europe, closed 2025 with a preliminary turnover of RON 213 million, up by 21% compared to 2024. The net profit increased by 65% to RON 52 million, with a robust net margin of 25%. …
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Romanian agribusiness brand Agroland reports growth, investments in production capacities
The entrepreneurial group Agroland (BVB: AG) registered a consolidated turnover of RON 358 million in 2025, up by 17% compared to 2024. The company also reported a net profit of RON 10.2 million (+34%), operating profit of RON 24.1 million (+40%), and an EBITDA of RON 33.6 million (+19%) at a margin of 9%. At the…
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Animal rights associations protest in front of the Romanian Parliament after abuse at private shelter
More than a thousand people protested on Sunday, February 22, in front of the Romanian Parliament in Bucharest, following revelations about animal abuse at a large private shelter in Suraia, Vrancea County. The protest was organized by Dreptate pentru Animale, Asociația Ramses, Kola Kariola, and Asociația Sache Vet, and follows the publication of images of…
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Romanians spent EUR 10 bln on vacations abroad in 2025, official data says
Romanians spent EUR 10 billion on vacations abroad last year, the highest sum ever, according to data published by the National Bank of Romania and cited by Economedia. The figure represents a major leap from EUR 8.93 billion in 2024, an increase of over EUR 1 billion. At the same time, Romania’s deficit in the…
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Romanian man says he attempted to kidnap child in Italy because he “thought she was a toy”
The Romanian man who tried to kidnap a one-and-a-half-year-old girl in Italy earlier this month told judges he had thought she was a plush toy. The man, 46-year-old Emil Mortu, repeatedly grabbed and pulled the girl before he was stopped by her father and security agents at a Bergamo supermarket. The entire incident was caught…
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BT Property strengthens Cluj-Napoca presence with Record Park office deal
BT Property, an alternative real estate investment fund managed by INNO Investments SAI SA, part of Banca Transilvania Financial Group, acquired the office complex Record Park in Cluj-Napoca from Belgium’s AYA Properties Fund. Launched in 2021, BT Property invests primarily in income-generating real estate assets and property-focused companies, according to the announcement. It manages assets…