The Competition Council authorized the transaction by which Emma Lambda Ltd, Cyprus, intends to take over Stratum Energy Romania LLC, USA, together with Stratum Energy Romania LLC Wilmington, Bucharest branch and its subsidies, according to a press release of the competition authority. According to the institution, Emma Lambda is part of Emma Group, active in the energy sector, gambling, medical service sector, pharmaceutical sector, digital commercial services, ets, in countries like Cyprus, Czech Republic, Moldova, Serbia and Hungary. In Romania, Emma Group controls a series of companies with activities of natural gas supply and distribution, electric energy production, supply and distribution and energy production from renewable sources (wind and solar). Stratum Energy Romania LLC is a natural gas producer operating in the gas and crude area of Poduri, delimited by Moinesti EV-1 concession, Bacau county. Following the analysis, the Competition Council found out that this operation does not raise significant obstacles to effective competion in the Romanian market or part of it and there is no serious doubt about its compatibility with a normal competition environment. The press release mentions that the decision will be published on the wensite of the national competition authority after the elimination of confidential information.
Romanian director Radu Jude has won the Silver Bear for Best Screenplay for Kontinental '25 at this year's Berlin International Film Festival/ Berlinale. Kontinental '25 is Jude’s third film awarded in Berlinale’s main competition, after Aferim!, which earned...
With nearly 1,300 real estate transactions in 2024, the company tripled its sales volume compared to 2023. The total value of real estate transactions reached EUR 146 million in 2024. There were 114 transactions in January 2025, double the number in January 2024. With a total of almost 1,300 real estate transactions, North Bucharest Investments […]
Forvis Mazars Group, the international audit, tax and advisory services partnership, releases today its annual CEE M&A report, prepared in association with Mergermarket. It reveals that dealmaking in the CEE region suffered a decline in overall deal value, although a marginal rise in deal volume shows the market’s underlying robustness. The Investing in CEE: Inbound […]
With a total of almost 1,300 real estate transactions, North Bucharest Investments (NBI) managed to triple its sales volume compared to 2023, and the total value of transactions reached €146 million in 2024. This amount reflects an increase of 133% compared to the previous year and consolidates the company's leading position on the real estate […]
French president Emmanuel Macron said that Russia manipulated elections in Romania and that the cancellation of last year's presidential elections did not shock him as a result of that intervention. Macron made the comments during a session of questions from users on social media regarding the situation in Ukraine. Over one hour, he...
Romania’s Ministry of Education released the latest edition of the National Metaranking, identifying the top universities in the country. The ranking has undergone minor changes compared to last year’s edition or the last independent metaranking published in the fall by academic experts. The Transilvania University of Brașov has entered the top 5 universities in Romania, […]
