Deputy Prime Minister and Finance Minister Tanczos Barna, and visiting head of the Swiss Federal Department of Foreign Affairs, Federal Councilor Ignazio Cassis signed on Thursday at the Victoria Palace of Government five financing agreements under the Romanian - Swiss Cooperation Program. Prime Minister Marcel Ciolacu and Foreign Minister Emil Hurezeanu also attended the signing ceremony.The agreements envisage the support measure for:* The Energy Efficiency and Renewable Energy Program - Program Operator: the Ministry of Development, Public Works and Administration. Total allocated budget - 70.5 million Swiss francs, of which the Swiss contribution is 60 million Swiss francs;* The Public Security and Safety Program (Home Affairs) - Program Operator: the Ministry of the Interior. Total allocated budget - 23.5 million Swiss francs, of which the Swiss contribution is 20 million Swiss francs;* The Public Security and Safety Program (Justice) - Program Operator: the Ministry of Justice. Budget - 11.7 million Swiss francs, of which the Swiss contribution is 10 million Swiss francs;* Health Services Program - Increasing the capacities for the prevention and treatment of child and teenage addiction in Romania - Program Operator: the Health Ministry. Total allocated budget - 11.7 million Swiss francs, of which the Swiss contribution is 10 million Swiss francs;* Dual Education Program - Program Operator: the Ministry of Education and Research. Budget - 11.7 million Swiss francs, of which 10 the Swiss contribution is 10 million Swiss francs. (Photo:www.gov.ro)
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
The private medical services operator MedLife (BVB: M) increased its turnover by 19.5% in the first nine months of the year, to RON 2.36 billion (EUR 464 million). However, the company reported a financial loss of RON 6.3 million (EUR 1.2 million) as a result of the rise in the exchange rate. The company turnover […]
CTP, a leading developer, owner, and operator of industrial and logistics properties in Europe, is moving forward with the construction of a new 10,800 sqm building at CTPark Oradea North, further expanding its presence in western Romania. With this addition, the company’s development pipeline in Oradea now exceeds 100,000 sqm of gross leasable area. Located […]
