Liviu Dragnea, the embattled but strong armed leader of Romania's governing Social Democrats (PSD), on Monday was standing up against increasing pressure in the form of inner party opposition and of an investigative report blasting a major business he had been linked to.
Premier Energy (PE), one of the biggest energy groups in Romania, successfully closed its initial public offering (IPO) on the Bucharest Stock Exchange (BVB) on May 15, 2024. The company and IPO consortium set a final price of RON 19.5 per share, towards the lower end of the pricing interval (RON 19-21.5). This price implies a […]
Raiffeisen Bank Romania supports Dăruiește Viață with 1 million euro to start the construction of the medical campus at Marie Curie so that all patients treated at this hospital in Bucharest can benefit from the same treatment conditions at the best standards. ”We believe in change and impactful action, which is why year after year […]
The net result was RON 78.12 million on March 31, 2024, representing 81% of the budgeted level for the entirety of 2024. The total value of assets under management was RON 3.2 billion, an increase of 32.1% compared to March 31, 2023. The net asset value was RON 2.88 billion, an increase of 32.3% compared […]
The Praid Salt Mine, in central Romania, is temporarily halting both its extraction and visitation activities due to water infiltrating into the underground from a nearby stream, following recent heavy rainfall. This decision aims to protect and ensure the safety of staff and visitors until the situation caused by the recent infiltrations is resolved, the […]
Several sites in Romania have been added to the country's tentative list for UNESCO World Heritage, culture minister Raluca Turcan announced. The list includes the Peleș and Pelișor castles in Sinaia, former communist prisons, the Three Holy Hierarchs church in Iaşi and the Assumption of Virgin Mary cathedral at Curtea de Argeş, and the Movile […]
Romania's president Klaus Iohannis and prime minister Marcel Ciolacu reacted to the attack on Slovakia's PM Robert Fico, who was shot several times on Wednesday, May 15. The Romanian officials condemned the incident and said they were shocked by the news. "Appalled to learn about the shooting of the Slovak prime minister Robert Fico. I […]
