Shares placed at their disposal were oversubscribed almost threefold. Small investors have oversubscribed almost three times the amount of shares placed at their disposal as part of Electrica’s initial public offering, the 5 percent discount offered to them in the first five days of the operation attracting orders for shares worth over RON 391 M [...]
Romania is set to bring high-speed internet to nearly 1,000 remote localities as part of a EUR 94 million investment under the National Recovery and Resilience Plan (PNRR). Economy, digitalization, entrepreneurship, and tourism minister Bogdan Ivan signed the financing agreements on Wednesday, March 5. The project will enable the expansion of fiber-optic networks to 994 […]
On Thursday, March 6, Romanian prosecutors at the Directorate for Investigating Organized Crime and Terrorism (DIICOT) detained six individuals, including a retired general aged 100, accusing them of organized crime and treason. Two of the defendants traveled to Moscow in January and allegedly negotiated with Russian agents for Romania’s withdrawal from NATO. According to the […]
Without an explicit source, an online petition was launched for the presidential candidacy of acting president Ilie Bolojan. Launched by the user "Ilie," the petition was signed by 4,258 on the first day, G4media.ro reported. The author of the petition seems to come from...
Two polls released on March 5 in Romania support the idea that the ruling coalition formed by Liberals (PNL), Social Democrats (PSD), and Hungarian party UDMR should not replace its presidential candidate Crin Antonescu. The polls were published as Antonescu's position as a presidential candidate seems at risk: on the one hand, his scores in […]
The Romanian authorities have declared the military, air, and naval attaché of the Russian Federation in Bucharest, as well as his deputy, persona non grata on Romanian territory, the Ministry of Foreign Affairs (MAE) announced on March 5. MAE claims that two Russian diplomats have carried out activities that contravene the provisions of the Vienna […]
Garanti BBVA, one of the most dynamic banks in Romania, announced it is granting long-term financing worth EUR 10 million to support the development of the National Golf & Country Club in Dâmbovița County, developed by DM Sport & Energy. With a total value of EUR 30 million, this is a sports and leisure project […]
