In a speech to the third plenary intergovernmental negotiations (IGN) on UN Security Council reform, held April 3-4 at the UN headquarters in New York, Romania’s permanent representative to the UN Ion Jinga underscored the importance of IGN in such reform. “Reforming the Security Council should be tackled from a win-win perspective that will allow […]
The number of accounts opened with brokers at the Bucharest Stock Exchange increased by 9% in the first 3 months of this year, signaling Romanians' increasing appetite for investments. At the end of March, approximately 245,000 investors were registered with the 31 brokerage houses registered as participants in the Bucharest Stock Exchange system, representing an […]
The Romanian Ministry of National Defence is expected to sign a contract worth over EUR 2.5 billion this year for the purchase of 246 tracked infantry fighting vehicles (IFVs), Defence Industry Europe reported on May 6. The deal represents the first phase of a broader program aimed at procuring nearly 300 modern armored vehicles. ...
Romania's chemical group Chimcomplex Borzești (BVB: CRC) announced to its shareholders that it took legal action to recover the incomplete disbursement of a state grant of RON 73.6 million, spotted by the audit report of the financial statements for the financial year 2024. The company requests the disbursement...
Cătălin Predoiu, the Interior Affairs minister and interim president of the National Liberal Party (PNL), has been appointed the interim prime minister, the Presidential Administration announced. PM Marcel Ciolacu, the head of the Social Democrat Party (PSD), resigned...
The Waldevar Group, a Romanian company that provides EPC (Engineering Procurement and Construction) solutions for C&I, utility-scale ground-mounted and floating photovoltaic plants, is investing almost EUR 10 million in a factory dedicated to floating solar technology, an emerging segment with high potential, according to Ziarul Financiar. ...
Romania’s lithium-ion battery manufacturer Prime Batteries Technology, founded and controlled by Romanian entrepreneur Adrian Polec, confirmed plans for a second factory with an intended capacity of 6 GWh according to Profit.ro. ...
