Romanian households purchased RON 2.2 billion (EUR 440 million) of government bonds denominated in local currency and euros under the March issue of the Fidelis scheme (bonds listed at the Bucharest Exchange), Economica.net...
Tarom’s Board decided on Monday night to revoke Christian Heinzmann from the position of Tarom CEO and accountant manager, and to appoint former financial manager Gabriel Stoe as his replacement, ad interim. Christian Heinzmann, Tarom CEO and accountant manager, was revoked from both offices. The state-owned company’s Board also revoked Tiberiu Ticlea, administrative manager. A […]
Romanian households purchased RON 2.2 billion (EUR 440 million) of government bonds denominated in local currency and euros under the March issue of the Fidelis scheme (bonds listed at the Bucharest Exchange), Economica.net...
The net foreign direct investments (FDI) to Romania contracted by 53% y/y to EUR 538 million in January, resulting in a total of EUR 5.1 billion (-28% y/y) in 12 months to the end of the month, according to data published by the central bank BNR. Out of the FDI in the 12 months to […]
Romania’s current account (CA) deficit has widened by 16% y/y to EUR 1.65 billion in January, after the 37% y/y surge in 2024, according to data published by the central bank BNR. The improvement in Romania’s external balance, expected for this year, is not yet visible in the January CA figures. The country’s GDP is […]
Ukraine's Security Service has banned Diana Șoșoacă, the leader of the far-right party SOS Romania, from entering the country due to her repeated anti-Ukrainian and pro-Russian statements. The entry ban is valid for three years, according to the official announcement. The Ukrainian Security Service said Șoșoacă supports the Russian war against Ukraine and questions Ukraine's […]
The Hanwha Group, a major South Korean arms manufacturer, intends to build an arms factory in Romania's southern Dâmbovița county within two years, with the prospect of it becoming a regional hub for systems, maintenance, and repairs. The announcement was made by Michael Coulter, CEO of Hanwha Global Defense, during a meeting with Romanian journalists. "In […]
The 10th edition of the Jazz in the Church festival will be held at the Lutheran Church in Bucharest from May 8 to 11, 2025, featuring a mix of artists recognized for their contributions to European jazz, as well as new artists. Among the major names on the lineup are Swiss artist Nik Bärtsch and […]