German energy group E.ON reached an agreement to sell its 68% stake in Romanian electricity and natural gas supplier E.ON Energie Romania and 98% of related services unit E.ON Asist Complet to the Hungarian state-owned company MVM, according to a press release of the two companies. The terms of the deal were not disclosed.
The transaction, expected to close in the first half of 2025, is subject to the necessary approvals.
E.ON Energie Romania is one of the largest gas and...
Gura Portiței Resort, the summer destination located between the Danube Delta and the Black Sea, has officially reopened following a major renovation and an investment of over EUR 10 million. The location, now featuring 145 rooms, a brand-new lakeside restaurant, and a beachfront conference hall, aims to position itself as a top destination for both […]
Slow Food Buzău celebrates two years of activity with tangible economic results: over 20 organized events, 10,000 tourists attracted, and dozens of local businesses supported through promotion and direct sales. Amid a difficult economic context for Romania’s artisanal producers, the project has shown that initiatives based on local gastronomy and sustainable tourism can generate added […]
A Colombian national arrested last year for planning acts of sabotage in Romania at the request of a Russian citizen has been sentenced to six years in prison by the Bucharest Court of Appeal, Biziday.ro reported. The verdict is not final and may be appealed within ten days. Luis Alfonso Murillo Diosa was convicted of […]
The Romanian Presidential Administration announced that the “Open Doors at Cotroceni Palace” initiative will become a permanent program, with a new visitor format set to launch starting June 14. Details about the updated format will be made public in the coming days. Since March, the Presidential Administration has been hosting regular open days at the […]
A majority of Romanians support reducing public expenditures as a way to curb the national budget deficit, according to a new poll conducted by INSCOP Research and published by Informat.ro on June 4. The survey found that 58.4% of respondents would totally agree with reducing state operating expenses unrelated to public sector salaries, while a further 18.8% […]
The Cluj-Napoca Court of Appeal decided on June 4 to suspend the environmental agreement for the Hidroelectrica's (BVB: H2O) Răstolița hydropower plant project, which is already over 90% completed and scheduled to be put into operation in November this year, the minister of energy, Sebastian Burduja announced. The decision is not final. "It is not […]
