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George Ciamba – Hartmut Koschyk joint statement: German-Romanian cooperation on minorities topic, exemplary for Europe

April 13, 2017

2017 is an anniversary year for the Romanian-German relation, as we celebrate 50 years since the establishment of diplomatic relations and 25 years since the signing of the treaty between Romania and the Federal Republic of Germany on friendly cooperation and partnership in Europe (Bucharest, 21 April 1992). Also in 2017 we celebrate ten years […]

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Bucharest Stock Market nears 250,000 investors mark despite fluctuations

The number of accounts opened with brokers at the Bucharest Stock Exchange increased by 9% in the first 3 months of this year, signaling Romanians' increasing appetite for investments. At the end of March, approximately 245,000 investors were registered with the 31 brokerage houses registered as participants in the Bucharest Stock Exchange system, representing an […]

Romania to sign EUR 2.5 bln contract for 246 modern armored vehicles

The Romanian Ministry of National Defence is expected to sign a contract worth over EUR 2.5 billion this year for the purchase of 246 tracked infantry fighting vehicles (IFVs), Defence Industry Europe reported on May 6.  The deal represents the first phase of a broader program aimed at procuring nearly 300 modern armored vehicles. ...

Chimcomplex sues Romania's Govt. for incomplete state aid disbursement

Romania's chemical group Chimcomplex Borzești (BVB: CRC) announced to its shareholders that it took legal action to recover the incomplete disbursement of a state grant of RON 73.6 million, spotted by the audit report of the financial statements for the financial year 2024. The company requests the disbursement...

Interior Affairs minister appointed Romania’s interim PM

Cătălin Predoiu, the Interior Affairs minister and interim president of the National Liberal Party (PNL), has been appointed the interim prime minister, the Presidential Administration announced. PM Marcel Ciolacu, the head of the Social Democrat Party (PSD), resigned...

Romanian PV engineering group invests EUR 10 mln in production facility

The Waldevar Group, a Romanian company that provides EPC (Engineering Procurement and Construction) solutions for C&I, utility-scale ground-mounted and floating photovoltaic plants, is investing almost EUR 10 million in a factory dedicated to floating solar technology, an emerging segment with high potential, according to Ziarul Financiar. ...

Romania’s Prime Batteries plans second factory near Bucharest

Romania’s lithium-ion battery manufacturer Prime Batteries Technology, founded and controlled by Romanian entrepreneur Adrian Polec, confirmed plans for a second factory with an intended capacity of 6 GWh according to Profit.ro. ...