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Production starts at new 38.4 MW wind farm northeast of Bucharest

Production starts at new 38.4 MW wind farm northeast of Bucharest

Eximprod, which installed the first wind turbine in Romania more than two decades ago, delivered the first megawatt-hours to the grid from its new wind farm in the country’s east. In addition, it is about to receive a commercial operating license...

BusinessLeague's New Shopify App Unlocks Growth Opportunities for Small Businesses Through Seamless Affiliate Marketing

BusinessLeague's New Shopify App Unlocks Growth Opportunities for Small Businesses Through Seamless Affiliate Marketing

Leading affiliate marketing platform, 2Performant (BVB:2P), today announced the launch of its BusinessLeague app on the Shopify App Store to enable seamless affiliate programme integration for Shopify merchants across Europe. The launch marks a...

Education Trade Unions in Romania Demand the Resignation of Minister David; Protests Begin

Education Trade Unions in Romania Demand the Resignation of Minister David; Protests Begin

Trade unions in the education sector in Romania have called for the resignation of Education Minister Daniel David. This was made clear in a statement they sent to the media. Starting Wednesday, dissatisfied educators will begin protest actions in...

Vodafone takes over most of Telekom Romania Mobile Communications after competition body clears the deal

Vodafone takes over most of Telekom Romania Mobile Communications after competition body clears the deal

Vodafone Romania will take over most of Telekom Romania Mobile Communications (TKRM) after the Competition Council approved the transaction, while Digi Romania will acquire selected assets, the regulator announced on July 29. TKRM is indirectly...

Western Romania: Hunedoara, Arad counties to invest RON 200 mln in tourist infrastructure

Western Romania: Hunedoara, Arad counties to invest RON 200 mln in tourist infrastructure

Local authorities in Hunedoara announced investments worth RON 200 million for the King’s Road, which connects the spa resort Vața de Jos, in Hunedoara County, and the Royal Castle at Săvârșin. The road was built in the post-war period by order of...

Bucharest says social media clips about Romania entering Ukraine confict fake

Bucharest says social media clips about Romania entering Ukraine confict fake

BUCHAREST, July 29. /TASS/. The Romanian Interior Ministry says that social media clips of Prime Minister Ilie Bolojan allegedly announcing Romania's entry into hostilities in Ukraine in September this year are AI-generated fakes. "We would like...

Bucharest Stock Exchange marks historic milestone as BET index climbs above 20,000 points

Bucharest Stock Exchange marks historic milestone as BET index climbs above 20,000 points

The Romanian stock market benchmark – the BET Index – crossed the 20,000-point threshold for the first time on Tuesday, July 25, 2025, marking a major milestone in its recent surge. The BET traded above 20,000 points for most of the day but closed...

Romania to raise retirement age for magistrates to 65 years, cap pensions

Romania to raise retirement age for magistrates to 65 years, cap pensions

During a press conference held on Tuesday, July 29, Romanian prime minister Ilie Bolojan presented the main measures from the magistrates' pension reform project, which will be included in the third fiscal package. The project includes raising the...

Romania, oligarch, royal in tug-of-war over El Greco art

Romania, oligarch, royal in tug-of-war over El Greco art

A painting by Renaissance master El Greco has found itself at the center of a fierce ownership row between the Romanian state, a disputed prince and a Russian oligarch. The latter, billionaire businessman Dmitry Rybolovlev, currently owns the...

Rheinmetall Lynx IFV, ammunition production in Romania

Rheinmetall Lynx IFV, ammunition production in Romania

Germany’s Rheinmetall has strengthened its production network within Romania, with a focus on local manufacturing of Lynx infantry fighting vehicle (IFV), ammunition, and propellants. The company’s “comprehensive” network includes its Romanian...

Victoria Mboko Wins National Bank Open Debut in Montreal

Victoria Mboko Wins National Bank Open Debut in Montreal

Montreal, Canada – Toronto’s Victoria Mboko made a strong opening in her National Bank Open debut on Sunday, defeating Australia’s Kimberly Birrell in straight sets, 7-5, 6-3. The match took place under the bright sun at IGA Stadium‘s Centre...

Romania, oligarch and royal locked in tug-of-war over El Greco painting

Romania, oligarch and royal locked in tug-of-war over El Greco painting

A painting by Renaissance master El Greco has found itself at the centre of a fierce ownership row between the Romanian state, a disputed prince and a Russian oligarch. The latter, billionaire businessman Dmitry Rybolovlev, currently owns the...

Currencies drop, stocks mixed with tariff deadline in sight, US data eyed

Currencies drop, stocks mixed with tariff deadline in sight, US data eyed

Hungary's government slashes growth forecast IMF to update its World Economic Outlook MSCI EM FX, stocks indexes off 0.3% each By Purvi Agarwal and Ankita Yadav July 29 - Most emerging market currencies fell against a stronger dollar on Tuesday...

An Archetypal drug market

An Archetypal drug market

When Archetyp, one of the largest and oldest dark web drug markets, was dismantled in June 2025, the authorities framed it as a ‘severe blow’ to European organized crime. But as with previous takedowns, although the platform disappeared, its users...

Romania’s Orșova Shipyard signs contracts for five river vessels

Romania’s Orșova Shipyard signs contracts for five river vessels

Romania’s Orșova Shipyard (BVB: SNO) has concluded five external contracts for the construction of five river vessels, with the total value of the contracts amounting to EUR 22.2 million, according to a report submitted to the Bucharest Stock...

Romanian PM to head task group charged with reforming corporate governance in SOEs

Romanian PM to head task group charged with reforming corporate governance in SOEs

Romanian Prime Minister Ilie Bolojan, in an interview for G4Media on July 28, said that he will not immediately appoint another deputy prime minister to replace Dragoș Anastasiu, who resigned over the weekend, but he will take over the task of...

Romania’s budget deficit widens by 9.6% y/y to 3.7% of GDP

Romania’s budget deficit widens by 9.6% y/y to 3.7% of GDP

The government posted a deficit of RON 69.8 billion (EUR 13.8 billion) in the first half (H1) of 2025, 9.6% or RON 6.1 billion more compared to the same period last year, according to data published by the Ministry of Finance. In the second...

Romanian prosecutors probe EUR 9 mln VAT fraud and money laundering case

Romanian prosecutors probe EUR 9 mln VAT fraud and money laundering case

Prosecutors from Romania’s National Anticorruption Directorate (DNA) conducted multiple searches on July 28 in Argeș County as part of an investigation into illegal VAT refunds and money laundering worth more than EUR 9 million, Digi24 reported,...

Romania's Finance Minister asks for daily reports for "better understanding of how the institution operates"

Romania's Finance Minister asks for daily reports for "better understanding of how the institution operates"

The Ministry of Finance announced a new set of measures to streamline institutional activity by launching a new performance evaluation system for employees and departments within the ministry. At the core of the system is a structure of written...

Romania registers low long-term increase in citizens’ wealth, UBS report shows

Romania registers low long-term increase in citizens’ wealth, UBS report shows

Measured in local currency, the wealth of citizens in Hungary increased the most in Europe last year, followed by Lithuania and Sweden. In Romania, the median wealth increased by 9.1%, but the long-term average wealth trend decreased, according to...

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