Romania’s President is the one to go to the European Council meetings, while for new proposals a mandate is needed from the Legislature, Romanian Foreign Minister Teodor Melescanu told Digi 24 private television broadcaster on Sunday evening. Asked who represents Romania in the Council meetings, Melescanu said: “The technical answer...
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NAGA, a fintech listed on the Frankfurt Stock Exchange, announced the integration of shares listed on the Bucharest Stock Exchange (BVB) into its investment platform. Operating in over 100 countries, NAGA says it became the first international broker to offer direct access to Romanian companies’ shares, facilitating retail investments on BVB on a global scale. […]
Wendy’s is set to open its first restaurant in Romania at the Mega Mall shopping center in Bucharest, according to information from developer NEPI Rockcastle, Economica.net reported. The company is also planning an expansion in Iași, where it is currently seeking a restaurant manager. The American fast-food chain is entering the...
The volume of wage remittances from Romania to other countries reached a record level of EUR 1.2 billion, according to Economica.net, which does not detail the source of the data. The National Bank of...
Drilling operations for the Neptun Deep offshore gas project operated by OMV Petrom in Romania's Black Sea, which holds one of the European Union's most significant natural gas reserves, are set to commence soon, according to Reuters. "Once the vessel sets sail, drilling work can begin in...
The Knauf Group has received the construction permit for a EUR 75 million plasterboard factory in Huedin, Cluj county, marking the largest investment in the region, Economica.net reported. The permit approval was announced by Huedin’s mayor, Mircea Moroșan. The German company, which...
Romania’s acting president, Ilie Bolojan, held a phone conversation on Tuesday, February 25, with European Council president António Costa to discuss key issues on the European agenda, focusing on regional security and the EU’s continued support for Ukraine. Bolojan reaffirmed Romania’s commitment to a unified and coordinated EU approach, welcoming the upcoming extraordinary European Council […]
