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The Referendum

January 30, 2017

On Sunday, January 22, tens of thousands of Romanians took to the streets. The reason for this huge outburst of national consciousness was the Grindeanu Government’s unfortunate and uninspired attempt to squeeze in on the order of the day of the January 17 Government meeting two draft emergency ordinances concerning amendments to the Criminal Procedure […]

The text of this article has been partially taken from the publication:
http://www.nineoclock.ro/the-referendum/
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Romanian pesident convenes Supreme Defence Council for November 24 meeting

Romania’s president Nicuşor Dan has convened a meeting of the Supreme Council for National Defence for November 24, the Presidency announced on November 17. The session will examine key strategic documents and national security priorities for the period ahead. The agenda includes the National Defence Strategy for 2025–2030 and the Strategic Defence Analysis, two documents […]

Romania’s ruling coalition speeds up legislation of second package of budgetary measures

Romania’s ruling coalition will make a final decision on the magistrates’ pensions law after president Nicusor Dan meets magistrates on November 18 and will most likely promote the law on public administration employment in Parliament next week, according to media reports from prime minister Ilie Bolojan and other sources familiar with the negotiations. The coalition […]

Sales of Romanian City Grill Group up 13% y/y to EUR 63.5 mln in January-October

The restaurant chain with entirely Romanian capital, City Grill Group, announced that it ended the first ten months of the year with a turnover of EUR 63.5 million, up 13% compared to the same period last year. The results "confirm the group's stability in a year marked by challenges for the hospitality industry and consolidation," […]

Sphera Franchise Group posts record third-quarter results amid tighter cost controls

Sphera Franchise Group (BVB: SFG), Romania’s largest food service operator, reported record third-quarter results for 2025, marking its strongest Q3 performance to date in terms of sales and profitability. The company said on November 17 that the improvement reflects stricter cost discipline and rising contributions from its operations in Italy and the Republic of Moldova. […]

Revenues, profit of Romania's Hidroelectrica drop in January-September but not below target

Hidroelectrica (BVB: H2O), the largest state-owned company in Romania, recorded lower operational and financial results in the first nine months of 2025 compared to the same period last year, but in line with the amended budget approved on October 31.  The company's net profit fell by 34% y/y, to RON 2.3 billion, and earnings per […]

Romania's Romgaz may place binding bid for Azomureș by year-end, pending final due diligence results

State-controlled gas producer Romgaz (BVB: SNG) may officially submit a binding offer to acquire fertiliser plant Azomureș by the end of the year, provided the final stages of its due diligence process confirm the financial, legal, and operational feasibility of the transaction. The update was provided by Gabriela Mareș, Romgaz's Director of International Relations and […]