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ForMins Melescanu and Yun Byung-se sign Memorandum of Understanding between Romania-Republic of Korea

February 20, 2017

Foreign Affairs Minister Teodor Melescanu and the Foreign Affairs Minister of the Republic of Korea Yun Byung-se have signed on Monday an Memorandum of Understanding regarding the cooperation and consultation between the two ministries, occasion on which Teodor Melescanu spoke about the relation between the two countries, but also about the security situation in the […]

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Premier Energy launches EUR 135 mln IPO on Bucharest Stock Exchange

Premier Energy PLC, one of the fastest-growing energy companies in Romania and the SEE region, will carry out an initial public offering (IPO) on the Bucharest Stock Exchange (BVB) between May 8 and May 15, 2024. Romania's Financial Supervisory Authority (ASF) approved the IPO prospectus on Tuesday, May 7. The company is looking to sell […]

EBRD lends more than EUR 46 million for 102 MW onshore wind farm in Romania 

The European Bank for Reconstruction and Development (EBRD) is lending more than EUR 46 million as part of a EUR 93 million financing package to build and operate Urleasca Wind Farm, a 102 MW onshore wind farm in Romania, the institution announced.  Urleasca Wind Farm is expected to generate 277 GWh a year of renewable energy […]

Bucharest and Ilfov County form the Romanian region with the highest motorization rate

Bucharest and Ilfov County together form the region in Romania with the highest motorization rate, with an average of 640 cars per 1,000 inhabitants, a level close to most regions in France, Germany, Austria, and Italy, according to Eurostat data for 2022 cited by Ziarul Financiar.  In the central, western, and northwestern regions of the […]

President of Romania’s governing PNL gearing up to be the party’s presidential hopeful

Nicolae Ciucă, the president of the National Liberal Party and head of the Romanian Senate, is increasingly looking like the party’s pick for the presidency.  Ciucă, a former general in the Romanian army and an ally of current president Klaus Iohannis, also from PNL, is featured on dozens of billboards across the country. In parallel, a social media […]

European Film Festival kicks off in Bucharest this week

The 28th edition of the European Film Festival opens in Bucharest on Europe’s Day, May 9. The event, which takes place in several cities in the country, will end this year’s run in Chișinău on June 8, the weekend of the EU Parliament elections. The program covers 40 feature films, 34 of them national premieres, […]

Large airborne military exercise taking place across Europe, including Romania

The multinational military exercise "Swift Response 24,” which will feature the largest airborne operations in Europe since World War II, has recently begun. The exercise will take place until May 24 in Romania, including in the Cincu range in Brașov County, according to Radio Brașov, as reported by Rador. According to the Ministry of National […]