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20th session of Mixed Government Committee on German Ethnics – next week in Bucharest

April 6, 2017

The Ministry of Foreign Affairs organizes in Bucharest on April 10 and 11 the twentieth session of the Romanian-German Government Joint Committee regarding the Germans ethnics of Romania. According to a MAE release, this year’s session is an anniversary one, given that it celebrates 25 years since the Treaty between Romania and the Federal Republic […]

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Romanian dental supplies platform Dental Holding expands regionally

Dental Holding, a Romanian dental supplies platform active in the CEE region, reached a total of six acquisitions in the sector, the most recent ones being the Croatia-based Sanitaria Dental d.o.o & Logistika d.o.o and Hungary-based Sanitaria Kft. Following the acquisitions, the group is present in five countries and expects revenues to exceed EUR 110 […]

Bucharest Stock Market nears 250,000 investors mark despite fluctuations

The number of accounts opened with brokers at the Bucharest Stock Exchange increased by 9% in the first 3 months of this year, signaling Romanians' increasing appetite for investments. At the end of March, approximately 245,000 investors were registered with the 31 brokerage houses registered as participants in the Bucharest Stock Exchange system, representing an […]

Romania to sign EUR 2.5 bln contract for 246 modern armored vehicles

The Romanian Ministry of National Defence is expected to sign a contract worth over EUR 2.5 billion this year for the purchase of 246 tracked infantry fighting vehicles (IFVs), Defence Industry Europe reported on May 6.  The deal represents the first phase of a broader program aimed at procuring nearly 300 modern armored vehicles. ...

Chimcomplex sues Romania's Govt. for incomplete state aid disbursement

Romania's chemical group Chimcomplex Borzești (BVB: CRC) announced to its shareholders that it took legal action to recover the incomplete disbursement of a state grant of RON 73.6 million, spotted by the audit report of the financial statements for the financial year 2024. The company requests the disbursement...

Interior Affairs minister appointed Romania’s interim PM

Cătălin Predoiu, the Interior Affairs minister and interim president of the National Liberal Party (PNL), has been appointed the interim prime minister, the Presidential Administration announced. PM Marcel Ciolacu, the head of the Social Democrat Party (PSD), resigned...

Romanian PV engineering group invests EUR 10 mln in production facility

The Waldevar Group, a Romanian company that provides EPC (Engineering Procurement and Construction) solutions for C&I, utility-scale ground-mounted and floating photovoltaic plants, is investing almost EUR 10 million in a factory dedicated to floating solar technology, an emerging segment with high potential, according to Ziarul Financiar. ...