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EU will contribute with 726 million euros to construction of Craiova-Pitesti express way

April 22, 2021
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Romanian stock index BET hits 17,000 points for the first time since launch, records 10% growth in first quarter

The BET index, which follows the most traded 20 Romanian companies listed on the Bucharest Stock Exchange (BVB) touched a new historic milestone – 17,000 points, on Friday, March 29. The Bucharest Stock Exchange has experienced a strong evolution in the last nine months when the BET has gained about 40% and has passed several […]

Parts of Romania to experience warmest end of March in over 70 years

Some areas of Romania will see the warmest end to March in over 70 years. Temperatures, especially in the south, will be as high as 29 degrees Celsius this weekend, according to meteorologists.  The head of Romania’s National Meteorological Administration, Elena Mateescu, noted that temperatures in the last days of March could reach 28 or […]

No victims after explosion at Romania’s largest oil refinery

An explosion occurred Friday morning, March 29, at Romania’s Petromidia Refinery, but no casualties have been reported. Authorities activated the Red Intervention Plan but soon deactivated it since no victims were reported on the premises. Six firefighter vehicles will remain on-site to surveil the area.  "Currently, Rompetrol Rafinare is conducting a comprehensive overhaul of the […]

Drone fragments found in south-eastern Romania, close to the Ukrainian border

The Romanian Army recently confirmed that it has found fragments “which seem to come from a drone” on agricultural land in Insula Mare a Brăilei in Brăila County, south-eastern Romania. The Army press release does not specify either the type of drone or how it reached over 20 kilometers inside Romanian territory, according to Biziday. […]

The fourth edition of the Romanian Business & Investment Roundtable conference will take place on 3-4 April. Renowned guests have confirmed their attendance

The fourth edition of the ROMANIAN BUSINESS & INVESTMENT ROUNDTABLE Conference, organized in Bucharest on April 3-4 by The Economist Impact Events and its official representatives in Southeast Europe, Hazlis & Rivas, along with its local partner Oxygen, will bring together distinguished guests from Romania and abroad. Among the confirmed speakers at the...

Romania opens new terminals at Timisoara, Iasi airports in time for Air Schengen

New terminals were inaugurated at the Timisoara and Iasi airports on Friday, March 29, the most important in the west and eastern parts of Romania. The two terminals opened just in time for Romania to become part of the Schengen Area with its airports (Air Schengen) and maritime borders. The new Schengen Terminal of Timisoara […]