BUCHAREST, April 13, 2022 – Today, World Bank Group President David Malpass met with President Klaus Iohannis of Romania. President Malpass commended Romania’s humanitarian support to Ukrainian refugees displaced by the Russian invasion. President Malpass noted that this year marks thirty years of partnership between the World Bank Group (WBG) and Romania, and reaffirmed the WBG’s commitment to continue supporting Romania’s development path, particularly focusing on human capital and supporting education. President Malpass and President Iohannis discussed the overlapping global crises affecting Romania and the world, including the Russian invasion of Ukraine, COVID-19, and rising food and energy prices. President Malpass detailed the WBG’s financial support for Ukraine and Moldova, including yesterday’s announcement of additional operations. President Malpass and President Iohannis also spoke about the energy sector in Romania and the importance of integrating climate and development goals as the country diversifies its energy mix. President Malpass noted that the World Bank plans to prepare a Country Climate and Development Report (CCDR) for Romania next year. President Malpass expressed his gratitude to President Iohannis for Romania’s commitment to contribute to IDA20. President Malpass highlighted the benefits of private sector-led growth, noting the importance of increased competition. President Malpass and President Iohannis also discussed Romania’s implementation of EU funding under the Recovery and Resilience Facility (RRF).
Romania’s population could reach 14.36 million people in 2080, down from slightly over 19 million in 2025, which would mean a reduction of 4.6 million people, or almost a quarter of the population, according to an analysis carried out by the National Institute of Statistics (INS) in the study ‘Projection of Romania’s active population by […]
Daniel Băluță, the Social Democrats' (PSD) candidate for the general mayor elections in Bucharest scheduled for December 7, and the independent candidate supported by isolationist party AUR, Anca Alexandrescu, lead in the voting intentions of Bucharest residents, separated by only 0.1% percentage points, according to an opinion poll conducted by the AtlasIntel institute for
Grampet–GFR owner Gruia Stoica has signed a joint venture agreement with Chinese rolling stock manufacturer CRRC Shandong to develop a new freight wagon factory in Hungary, industry sources told Club Feroviar. The agreement was concluded last week during Stoica’s visit to China, according to the publication. ...
The Romanian government is examining amendments to the Oil Law that would allow the Trident offshore perimeter in the Black Sea, held 87.5% by Lukoil, to return to state ownership or be taken over by project partner Romgaz, which holds the remaining 12.5%,
The Canadian company Eldorado Gold has agreed to the sale of the Romanian gold mining project Certej, in Hunedoara County, for a total amount of up to USD 30 million, Profit.ro...
Cris-Tim Family Holding (BVB: CFH), the market leader in cold cuts and ready meals in Romania, reported revenues of RON 853.1 million (EUR 170 million) for the first nine months of 2025, a 3% y/y increase, supported by 5% growth in the Cold Cuts segment and a strong 21% advance in ready meals. Profitability improved […]
