Romanian FinMin says risk of sanctions under Excessive Deficit Procedure largely averted

The risks of EU funds destined for Romania being suspended by the European Commission due to serious budgetary slippages have been reduced as a result of the measures taken by the government to stabilise the state's finances, according to finance...

Urgent warning to Irish WhatsApp users as fresh text message scam sweeps Europe

Irish WhatsApp users must be on their guard as a worrying new text scam is sweeping across parts of Europe, and falling victim to it could leave you locked out of your account and your contacts at risk of losing money This latest threat to those...

Romania’s B2C e-commerce volume up 10% y/y to 3.5% of GDP in 2025

The business-to-customer (B2C) e-commerce in Romania is expected to reach 3.5% of GDP in 2025, respectively a volume of EUR 12.8 billion, ranking 9th in Europe and 3rd in Central and Eastern Europe, after Poland and the Czech Republic, according...

Romania's Hidroelectrica revises 15% downward profit expectations for this year

Hidroelectrica (BVB: H2O), the largest electricity producer in Romania, has revised its revenue and expenditure budget for this year, envisaging a 15% smaller net profit due to the drought that forced it to increase the volumes of energy purchased...

Lucian Blaga, the diplomat

In the Romanian culture, the name of Lucian Blaga is associated with excellence. Lucian Blaga, the diplomat Steliu Lambru, 11.10.2025, 14:15 In the Romanian culture, the name of Lucian Blaga is associated with excellence. His work is studied in...

Bucharest Stock Exchange shareholders approve investment in new Moldovan exchange

The shareholders of the Bucharest Stock Exchange (BVB: BVB) approved on September 29 the participation in the share capital of a newly planned stock exchange in the Republic of Moldova, the institution announced. BVB will contribute EUR 400,000...

Romania's OMV Petrom takes over 50% in 400MW PV project in Bulgaria

OMV Petrom (BVB: SNP), the largest integrated energy producer in Southeastern Europe, has completed the acquisition of a 50% stake in the Gabare photovoltaic project, developed by Enery in Bulgaria, the company announced. The project has an...

Romania has solid proof of Russian involvement in presidential campaign, president says

President Nicusor Dan said that Romanian authorities finally have solid proof of Russian involvement in Romania’s cancelled 2024 presidential elections. He also estimated that far-right candidate Călin Georgescu benefited from EUR 20 million in...

Financial Supervision Commission Restricts DallBogg’s Cross-Border Insurance Services

The Financial Supervision Commission (FSC) has imposed a new ban on DallBogg: Life and Health insurance company, prohibiting it from carrying out cross-border insurance activities in the EU Member States where it operates freely, the regulator...

Ukraine Launches New Kyiv-Bucharest Intercity Train Route Boosting Connectivity

A government initiative in the field of rail connectivity is gaining momentum with the launch of a new intercity route that will connect Kyiv with Bucharest via Vinnytsia, Zhmerinka, and Mohyliv-Podilskyi, as well as through the settlements...

Romanian President: Moldova Can Join The EU Together With Transnistria

5 The region may receive the status of autonomy following the example of Gagauzia. Moldova's accession to the European Union may take place together with Transnistria. However, if pro-Russian forces had won the elections, the integration process...

Million-dollar mark is possible for Bitcoin, Russian financier agrees

Bitcoin, the cryptocurrency with the largest market cap, may be selling for much more than it currently is, only a few years from now. A recent forecast by a prominent figure in the crypto space that BTC is likely to hit $1 million has just been...

Romanian ready-meals maker Cris-Tim prepares IPO 

Romanian food business Cris-Tim plans to launch an initial public offering (IPO) on the Bucharest Stock Exchange. The company, which produces cold cut meats and ready meals, said in a statement yesterday (29 September) that the offer will comprise...

Business News: October 2025

September 16, 2025 — Teijin Frontier Co. (Osaka, Japan; www.teijin-frontier.com) will expand production capacity for high-tenacity recycled polyester filament yarn used in industrial applications, such as tire cords, reinforcements for rubber...

Romania Plans to Purchase 216 New Tanks and Localize Their Production

Romania plans to purchase 216 new main battle tanks. The procurement procedure is to begin this year. At the same time, the program includes the purchase of 76 auxiliary vehicles, including tractors and bridge pavers for armored vehicles....

Top 10 Walnut Producing Countries in the World (2025)

Largest walnut producer: Walnuts are one of the most nutritious tree nuts, rich in omega-3 fatty acids, antioxidants, and vitamins. The global walnut market continues to expand, driven by growing demand for healthy snacks and plant-based diets....

Bulgaria and Poland Strengthen Economic Links in Wake of Schengen Expansion

Business leaders from Bulgaria and Poland gathered this week to map out a new phase of cooperation, underscoring the momentum created by Bulgaria’s fresh integration milestones within the European Union. At the forefront was the message that...

Romanian users can send parcels via Uber app with new courier service

Uber has rolled out its new Courier service in Romania, allowing users to send parcels via the app at costs comparable to a regular UberX ride, the company said. The new option is available in all 25 Romanian cities where Uber operates. Both the...

Romanian president Nicușor Dan salutes Donald Trump's 20-point peace plan for Gaza

The president of Romania, Nicușor Dan, announced on X that he welcomes the peace plan presented by US leader Donald Trump for Gaza, which he considers "a real opportunity" to stop the war and facilitate the release of hostages and the provision of...

Romanian migrants face deportation after Home Office raid: 16 people arrested for 'working illegally on a solar farm'

By LETTICE BROMOVSKY, NEWS REPORTER Published: 14:32 EDT, 30 September 2025 | Updated: 14:32 EDT, 30 September 2025 Sixteen Romanian nationals have been arrested in a car park in Wiltshire during a Home Office raid. Immigration officers, backed up...