President Klaus Iohannis called for talks in the European Council, "as soon as possible", on the rise of energy prices, the Presidential Administration reported on Thursday, after the head of state attended a meeting in video conferencing format with European Council President Charles Michel and other European leaders.The meeting was organized in preparation for the informal meeting of the European Council and the EU-Western Balkans Summit to be held on 5 and 6 October in Brdo, Slovenia.At the meeting, Klaus Iohannis drew attention to the need for a joint effort by all EU Member States to identify measures aimed primarily at protecting the population affected by rising energy prices as well as the economic environment.According to the Presidential Administration, the President stressed "the need to identify common, well-prepared European solutions, based on proposals to be made by the European Commission and the contribution of specialized ministers from the Member States of the European Union, so that the effects of energy price hikes for European citizens can be mitigated".
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
Producer Ada Solomon has been elected chair of the board of the European Film Academy, marking the highest level of representation the Romanian film industry has achieved within the institution. Solomon was chosen by more than 5,400 Academy members across Europe, according to the official announcement. Dutch producer Leontine Petit and French producer Matthieu Darras […]
