Due to the Pentecost holidays, we will resume our activity tomorrow, 10 06 2025
Expert Insolventa SRL, as judiciary administrator of Hunedoara Energy Complex Company is in insolvency procedure, transferred shares to the Energy Ministry by completing the mechanism mentioned by Emergency Order 60/2019, the company informs in a press release. This transfer and the sale of Mintia Thermopower Central of December 2022, represent the biggest restructuring of a company of straegic importance made in Romania, with the continuation of activity and ensuring most jobs. The transfer value is over 1 billion lei, reported to the market value established in insolvency procedure. According to Emil Gros, coordinating associate of Insolvency Expert SPRL, once the procedure provided by OUG 60/2019, the transfer of all functional energy and mining shares which serve the activity of Paroseni Power Plant and of subsidiaries Onea, Livezeni, Vulcan, Lupeni and Prestserv is ensured. At the same time, the present staff is transferred ti the new company Valea Jiului Energy Complex, ensuring electric energy supply, as well as the continuation of activity within the National Electroenergy System. Thus the activity of SCEH stops without socio-social impact and its entering banckruptcy will be decided in court.
Due to the Pentecost holidays, we will resume our activity tomorrow, 10 06 2025
President Nicusor Dan on Thursday said that all political parties currently engaged in discussions - the Social Deocratic Party (PSD), the National Liberal Party (PNL), the Save Romania Union (USR) and the Hungarian Democratic Union of Romania (UDMR) - want to join the government.'I am very pleased that all the parties engaged in discussions want […]
More than half of Romanians think that PSD, PNL, and UDMR should be included in the next government, according to an INSCOP Research barometer conducted between May 26–30, 2025. “Survey participants were asked to indicate, for each parliamentary party, whether they believe that party should be part of the next government. Thus, 59.5% of […]
Cuda, Sirin and a marine drone are three types of Romanian military UAVs which are set to enter production this year at CARFIL Brasov, a subsidiary of the National Company ROMARM. They were unveiled at the Southeast Europe Special Operations Forces Forum 2025 (SEESOF) in Targu Mures - the first international expo-forum dedicated to the […]
The French Ambassador in Bucharest, Nicolas Warnery, stated, on Thursday, during a press conference, that there was "a systematic disinformation campaign" regarding his country during the presidential elections in Romania."Basically, we have witnessed a systematic disinformation campaign, sometimes with malicious interpretations, with mistakes, with lies, with the aim of harming France. Who is winning […]
Background Romania’s medium-term fiscal framework calls for the fiscal deficit to decline gradually from about 8 percent of GDP in 2024 to 7 percent in 2025 and 3 percent (or less) by 2031. With limited scope for expenditure consolidation ? given the low expenditure-to-GDP ratio ? revenue mobilization is imperative. In the short term, […]