The European Bank for Reconstruction and Development (EBRD) issues a EUR 57 million syndicated loan for the development of a wind power facility in Topolog-Dorobantu in south-eastern Romania, a press release informs. The purpose is to stimulate the Romanian renewable energy market. The loan follows EBRD’s A/B loan syndication structure, with the EBRD bank contributing [...]
Romania's president Nicușor Dan reiterated that he was dissatisfied with the work of the head prosecutor and the head of the National Anticorruption Directorate (DNA), saying that these prosecutors' offices have "a problem of management," particularly in regard to the resources allocated for "dossiers that are highly important for society." President Dan has constantly criticised […]
Romania's state-controlled company Transgaz has required the environmental permit to build a connection between the pipeline that brings Black Sea offshore gas to the national grid and the BRUA pipeline (Tuzl-Podisor), and the pipeline that connects the southern part of the continent (Greece-Bulgaria) with Ukraine and the Republic of Moldova (pipelines T2 and T3),
Expansion of the portfolio with low, medium and high voltage electricity services, complementing existing solutions in water, sewage, gas and thermal energy. Alignment with the objectives of the Veolia Group’s “GreenUp” strategic program by diversifying decarbonization solutions, such as solar electricity generation and battery storage systems. Enhancing the capacity for implementation and the...
The Neptun Deep project in the Black Sea, set to become the largest gas production venture in the European Union, has attracted additional buyers, including German utility group Uniper SE, operator OMV Petrom announced, as reported by Bloomberg and Agerpres. The project...
Romanian state-owned air carrier Tarom decided to skip purchase plans for four of the five Boeing Max aircraft contracted in 2018, rescheduled for delivery in 2026, according to Economica.net, citing a decision of the company's general shareholder meeting. The company is also selling its holdings in DNATA Catering (where it holds 30.8%),...
The number of properties (mostly residential units) traded nationwide has increased by nearly 5% y/y to 53,433 in August 2025, according to the National Agency for Cadastre and Real Estate Advertising (ANCPI). On a seasonal trend, the volume of the market dropped by 19% m/m. The most real estate sales were recorded in Bucharest (10,237), […]
