Romanian banks reported aggregated net profits of RON 4.2 billion (EUR 850 million) in Q3, up from some RON 3.7 billion (EUR 750 million) in each of the previous two quarters, setting a new record for the nominal quarterly earnings according to data published by the National Bank of Romania (BNR). The buoyant rise in […]
The UEFA Appeals Body awarded Romania a 3-0 win after Kosovo abandoned the Nations League match in Bucharest last week. However, the Romanian Football Federation has also been fined, and the national team will play the next home match behind closed doors. With this forfeit victory, Romania wins all six matches in the Nations League […]
South Korean company Hanwha Aerospace has established a local subsidiary, Hanwha Aerospace Romania. The company will develop a strategic partnership with Romania and provide local production and MRO (maintenance and repair operations) services, it said. “Hanwha Aerospace Romania was established as part of a commitment to strengthen industrial partnerships, support the modernization of the Romanian […]
By teaming up with CC Tax, APTIQ Tax will offer specialized financial solutions for SMEs APTIQ Global has announced the consolidation of its tax advisory division by expanding its integrated services for SMEs, following the affiliation of CC Tax to the APTIQ Tax brand. APTIQ Tax will continue to offer comprehensive accounting, auditing and tax […]
The European Investment Bank (EIB) is providing a EUR 200 million loan to Romanian energy distributor Delgaz Grid to modernize its electricity grid in northeastern Romania. The financing is part of a EUR 630 million investment program by Delgaz Grid, which aims to improve the energy system serving more than 1.5 million households and businesses. […]
The Ministry of Foreign Affairs (MAE) announced Wednesday, November 20, that Romania's embassy in Kyiv has reduced its operations to emergency actions due to escalating security concerns in Ukraine. "Given the security developments in Ukraine, in coordination with allied and EU member state missions, the Romanian embassy in Kyiv has taken additional measures to ensure […]
