Turkish Airlines to launch flights to Armenia, Romania's Timisoara

Türkiye's flag carrier, Turkish Airlines (THY), announced on Tuesday the decision to launch scheduled flights to Romania's Timisoara and Yerevan, the capital of Armenia. "Our partnership's Board of Directors has decided to launch scheduled flights...

Romania's Nuclearelectrica secures EUR 620 mln loans to refurbish and expand Cernavoda nuclear plant

Romania's nuclear power producer Nuclearelectrica (BVB: SNN) signed two financing agreements worth EUR 620 million with a banking syndicate led by JP Morgan SE for major projects at the Cernavoda nuclear plant, the company announced in a press...

Abu Dhabi Chamber Strengthens Economic Ties with Balkan Chambers of Commerce

The Abu Dhabi Chamber of Commerce and Industry hosted a high-level delegation from the Balkan Chambers of Commerce to explore new avenues for trade, investment, and long-term economic cooperation. The expanded meeting, held at the Grand Hyatt Abu...

Speaker on visit to Bucharest

Speaker Igor Grosu is on a short visit to Bucharest today, where he met with Prime Minister of Romania Ilie Bolojan. During the discussions, Grosu expressed his gratitude for the constant and unconditional support that Romania provides to the...

Ambient lighting meets glossy finishes inside Millo Bucharest

High-gloss materials were paired with warm adaptive lighting and geometric shapes inside Millo, a restaurant in Bucharest completed by local design duo AE02. Designers Anda Zota and Elena Viziteu set out to create a "theatrical atmosphere" at...

Nuns, Jaibreaks, Suicides and Adult Animation Starring an Axolotl Feature Among Projects at Iberseries Co-Production & Financing Forum

A key initiative connecting filmmakers, producers and creators from Ibero-America and Europe with fiction, documentary or animated projects in late-stage development, the Iberseries Co-Production & Financing forum aims to back high-level...

President Nicuşor Dan says single candidate for Bucharest mayor would strengthen ruling coalition

President Nicuşor Dan declared on September 30 that he would like to see a single candidate of the ruling coalition for the capital's mayor's office, arguing that competition among multiple candidates is wrong, as it would "greatly undermine the...

Volume of building permits in Romania, particularly for non-residential projects, up in January-August

The number of building permits for residential units rose by 4.4% y/y to 24,821 in January-August, while the permits issued for non-residential projects over the same period of time cover a total surface area 21.9% larger compared to the area...

New EBRD five-year plan for Romania to focus on the private sector, green economy

The European Bank for Reconstruction and Development (EBRD) has unveiled a new strategy for Romania, which will guide the institution’s investments and cooperation policies in the country over the next five years. The plan focuses on private...

Romanian cold cuts producer Cris-Tim reportedly plans Bucharest Exchange listing

Romanian cold cuts producer Cris-Tim is preparing for a public offering ahead of a listing on the Bucharest Stock Exchange (BVB), market sources told Bursa.ro. The transaction could take place as early as next month, with the company’s valuation...

Azerbaijani ambassador meets with Romanian city mayor

Bucharest, September 30, AZERTAC Azerbaijani Ambassador to Romania Gudsi Osmanov met with Mayor of Iași Mihai Chirica on September 30. During the meeting, the sides discussed strategic relations between Azerbaijan and Romania, particularly the...

Romanian president meets with Airbus representatives to boost defense industry

Romanian president Nicușor Dan had a meeting at the Cotroceni Palace with representatives of the French aeronautics and defense giant Airbus, to discuss the reenergizing of the national defense industry. During the meeting, Dan noted that Romania...

Exclusive: Romania's President Dan pushes for Moldova and Ukraine’s EU bid, challenging Hungary

Romanian President Nicușor Dan joined a growing movement of EU leaders on Tuesday by announcing that following Moldova’s decisive pro-European vote in Sunday’s parliamentary elections, “technical negotiations” for EU accession will now begin “even...

President Dan: Romania, ready to offer its experience to countries that want to join the EU

Romania wants to have European Union member states as neighbors and is ready to offer its experience to countries that want to join the European family, declared today, at the Timisoara Cities Summit, the President of Romania, Nicusor Dan. The...

Romania’s public debt hits 57.2% of GDP at end-June

Romania’s public debt rose by RON 5.9 billion (EUR 1.2 billion) in June to RON 1.04 trillion (EUR 204.9 billion) at the end of the month, according to data published by the Finance Ministry. The debt-to-GDP ratio reached 57.2%, based on updated...

Romania's PM Ilie Bolojan denies resignation plans linked to legislation of key bills

Romania's prime minister Ilie Bolojan stated on September 24, in a press conference, that the government developed the projects in the second package of budgetary measures "seeking to observe all constitutional provisions" and stressed that he is...

Digitain secures sportsbook partnership with 888 Romania

The agreement follows the supplier’s recent Belgian licence and extends its footprint across regulated European markets. By Shaan Khan Key points: - Digitain to supply sportsbook technology to 888 Romania - Deal strengthens presence in Eastern...

Romania to finalise 2025 budget revision this month

Romania’s government will complete its 2025 budget revision by the end of September, prime minister Ilie Bolojan announced on Wednesday, September 24. The revised budget will be launched on Thursday, published no later than Friday, and adopted in...

Romania gets EC's nod for 8.4% of GDP budget deficit this year

The European Commission agreed that Romania will reach a budget deficit of 8.4% of GDP this year, specifically RON 159 billion (almost EUR 32 billion), prime minister Ilie Bolojan announced at a press conference held in Bucharest on September 24,...

Romania's Constitutional Court defers ruling on magistrates' pensions bill

The Constitutional Court of Romania, at its meeting on September 24, has postponed until October 8 the decision on four of the five laws in the second package of budgetary measures proposed by the government of prime minister Ilie Bolojan,...