Real estate developers building residential projects in Bucharest’s District 1 will now be required to contribute financially to the construction of elementary schools in areas lacking educational facilities, the district’s City Hall announced on October 31, Profit.ro...
A bipartisan group of senior members of the United States Congress is preparing legislation to block the Pentagon’s plan to downsize the American military presence in Romania and other NATO outposts along the alliance’s eastern flank,
Prime minister Ilie Bolojan announced that he would not attend the “Prime Minister’s Hour” debate scheduled in Parliament for November 3, citing prior commitments related to Romania’s defence industry partnership with Germany’s Rheinmetall AG. The session had been requested separately by the opposition Social Democratic Party (PSD) and the nationalist Alliance for the Union of […]
Agroserv Măriuța SA (BVB: MILK), a Romanian company in the agricultural sector and owner of the Lăptăria cu Caimac brand, announced the successful closing of the private placement for a new issue of guaranteed corporate bonds, through which it attracted the entire targeted amount of EUR 3 million. “This transaction allows us to refinance the […]
Austrian bicycle manufacturer Simplon will open a new production facility in Timișoara, western Romania, in early 2026, as part of a restructuring plan that will see a partial relocation of operations from its headquarters in Hard, Vorarlberg, Der Standard reported, as cited by Ziarul Financiar. The...
Metinvest BV (Netherlands), controlled by Ukrainian businessman Rinat Akhmetov, and Smart Steel Limited (Cyprus) want to buy ArcelorMittal Tubular Products Iași SA (Romania), owned by ArcelorMittal SA of Luxembourg, and notified the European Commission on October 21. This is the second acquisition that Rinat Akhmetov wants to make in Romania. The richest Ukrainian also intends […]
