The ambassadors of France, Germany, Italy and the UK are asking the government the compensation of the energy suppliers who compensated the bills, says G4Media. The ambassadors consider, in a letter sent to the minister of economy Virgil Popescu and premier Nicolae Ciuca the fact that the big suppliers E.ON, ENEL, ENGIE and Macquarie Asset Management (CEZ) manifested the preoccupation with regard to the fact that the biggest part of the financial burden of the support measures for the population comes to the private sector, says G4Media. The minister of work, Marius Budai announced on Wednesday in the government meeting that, starting on Monday the payments to the suppliers started, suppliers who capped and compensated energy prices. ‘Yesterday we had 18 million, today we have three suppliers with 6.5 million” said Budai, adding that the sums are updated every hour. Premier Nicolae Ciuca asked, on Wednesday, in the government meeting to be informed on the payments to these suppliers.
Moldovan low-cost carrier FLYONE Airlines said it will expand its operations in Romania with the launch of seven new direct routes from Bucharest’s Henri Coandă International Airport starting in the summer 2026 season. Thus, the company said, passengers will be able to fly directly from Bucharest to Paris, London Luton, Frankfurt, Barcelona, Dublin, Nice, and […]
Romania allocated 1.9% of its Gross Domestic Product (GDP) to environmental protection in 2024, the equivalent of RON 28 billion (some EUR 5.6 billion), according to data published on Friday, October 24, by the National Institute of Statistics (INS) and quoted by Agerpres. The largest share of spending went to waste recovery,...
Sorin Grindeanu, the interim leader of the Social Democratic Party (PSD), the largest in Romania’s ruling coalition, has attacked prime minister Ilie Bolojan whose resignation he asked unless a committee is set up with the participation of the Supreme Magistracy Council (CSM) and the High Court (ICCJ) on re-writing the magistrates’ pensions law recently rejected […]
The government of Romania approved the signing of an agreement and the establishment of a joint commission with the Republic of Moldova to coordinate all activities related to the construction of the new road bridge over the Prut river, in the Bumbata - Leova area, Profit.ro announced. Earlier this year, in April, the construction of […]
After the IPO conducted by Romanian cold-cuts producer Cris-Tim was heavily oversubscribed on the retail segment during the first days (when a discount applied), the institutional investors have already covered their segment with offers - while the price has still not increased significantly above the lower-end bound, according to
Romania's telecom operator Digi Communications (BVB: DIGI) announced on October 23 in a note to investors that it has increased the bond issue initially announced at EUR 500 million to EUR 600 million, setting an interest rate of 4.625% per year and maturity in 2031. Most of the money will be used for refinancing. The […]
