Interview with CEO Radu Mircescu * Gasoil is a company with 100 per cent Romanian capital * Romania’s oil resources and reserves are important, being estimated at USD 150 bln to USD 250 bln * Romania is far too dependent on two oil companies * What is needed is a free market and regulations [...]
The Bucharest Stock Exchange’s flagship index – BET – closed the trading session on Wednesday, May 28, at its highest level since September 5, 2024 (17,932 points). During the day, the BET briefly went over 18,000 points. The BET has gained 7% after the second round of the presidential elections, on May 18, as Nicusor […]
The shares of Romanian energy group Electrica (BVB: EL) went up 4.5% on Wednesday, May 28, after the company reported a 53% increase in net profit in the first quarter of this year (Q1 2025) compared with the same period of last year. Electrica’s consolidated net profit reached RON 195.7...
The Bucharest Stock Exchange (BVB) invites visionary Romanian businesses to showcase their innovation and growth by joining the prestigious BVB Arena 2025 program. Since its inception in 2017 (formerly known as "Made in Romania"), BVB Arena has spotlighted outstanding entrepreneurial achievements across Romania. Companies have until May 31, 2025, to submit their nominations and step […]
Romania and the United States are moving forward with plans to jointly produce NATO-standard ammunition, following the signing of Letters of Request (LOR) by Romanian economy minister Bogdan Ivan on Wednesday, May 28. The LORs, submitted for future Letters of Offer and Acceptance, aim to lay the groundwork for co-producing tank and artillery ammunition, including […]
Parents in Bucharest are concerned about three main problems far ahead of others: traffic congestion (37%), air quality (31%), and street safety (15%), according to the study “Bucharest, City of Parents,” presented on Tuesday, May 27. The study, conducted by residential and mixed-use developer HILS Development and Reveal Marketing Research, was launched during a debate […]
Dozens of searches took place in Bucharest, Argeș, and Ilfov counties on Wednesday, May 28, targeting members of a group that allegedly forced Romanian citizens to beg in the United States. The group, which has been prosecuted for human trafficking in the past, allegedly forced people to beg or commit crimes in the United States. The […]
