At a joint meeting on Monday, the standing bureaus of the Senate and the Chamber of Deputies decided that the ministers picked by Prime Minister-designate Dacian Ciolos will be heard on Tuesday by the specialist committees, while on Wednesday Parliament will vote on the entire cabinet at a plenary sitting scheduled for 10:00hrs."We have approved the schedule for Tuesday and Wednesday that includes hearings of the ministers picked for the Ciolos government and the plenary sitting convened for Wednesday at 10:00hrs. Tuesday will be a day full of hearings. On Wednesday morning, at 09:00hrs, we will be waiting for the opinions of the committees that hear the ministers, and the joint plenary sitting starts on Wednesday at 10:00hrs," Senate Chair Anca Dragu said on Monday. The list of the ministers proposed for the Cabinet of Prime Minister-designate Dacian Ciolos and the governing program were submitted to Parliament on Monday.According to regulations, the Standing Bureaus are to meet in order to set the date of the joint meeting of Parliament, within 15 days of receiving the governing program and the list of ministers.Each candidate for the position of minister will be heard in a joint meeting by the Chambers' standing committees responsible for the office seeker's sphere of competence.Following the hearing, the committees shall present a joint, reasoned advisory opinion.The program and the list of the government are debated by the Chamber of Deputies and the Senate in a joint sitting.
T2Y Capital, a financial investor specializing in growth capital with a focus on the energy sector and adjacent industries, announced it was investing in Prime Batteries Energy Holding, thus becoming the second-largest shareholder of the Romanian company with headquarters in Bucharest. T2Y Capital will take a seat on the Board of Directors and support Prime […]
More than half of Romanians (58%) are concerned about the country's economic situation, and inflation remains a central concern for one in five respondents to a survey conducted at the European level by Ipsos for ING Group in May-June 2025. The research analyzed the main concerns of Romanians in the context of the current economic […]
Vlad Micu has been appointed general manager and chairman of the Board of Directors of INNO Investments, a company of the Banca Transilvania Group specializing in the management of alternative investment funds. In his almost 30 years of experience, he has held various management positions in corporate banking, investment banking, trade finance, and business development […]
Measured in local currency, the wealth of citizens in Hungary increased the most in Europe last year, followed by Lithuania and Sweden. In Romania, the median wealth increased by 9.1%, but the long-term average wealth trend decreased, according to a recent report by the multinational investment bank UBS, cited by Euronews. Net wealth per citizen […]
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The INVL Renewable Energy Fund I, managed by INVL Asset Management, signed a EUR 29.3 million loan agreement with Kommunalkredit Austria AG (Kommunalkredit). The loan will be used to finance the construction of solar power plants with 71 megawatts (MW) of capacity in Romania. This is the second loan by Kommunalkredit to the fund. In […]
