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Livestock farmers organise large-scale protest. Thousands of farmers asked for subsidy hike and more support from Gov’t

March 24, 2016

  Several thousand farmers protested in Bucharest yesterday, asking for the hiking of subsidies and for more support for their line of activity. According to Claudiu Franc, President of the Association of Cattle Farmers, the farmers’ demands include the amendment of five legislative acts, rendering farming associations and cooperatives eligible to receive subsidies, and a […]

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FLYONE Airlines announces seven new routes from Bucharest for summer 2026

Moldovan low-cost carrier FLYONE Airlines said it will expand its operations in Romania with the launch of seven new direct routes from Bucharest’s Henri Coandă International Airport starting in the summer 2026 season.  Thus, the company said, passengers will be able to fly directly from Bucharest to Paris, London Luton, Frankfurt, Barcelona, Dublin, Nice, and […]

Statistics office: Romania spent 1.9% of GDP on environmental protection in 2024

Romania allocated 1.9% of its Gross Domestic Product (GDP) to environmental protection in 2024, the equivalent of RON 28 billion (some EUR 5.6 billion), according to data published on Friday, October 24, by the National Institute of Statistics (INS) and quoted by Agerpres. The largest share of spending went to waste recovery,...

Romania’s SocDem leader gets radical against PM Ilie Bolojan on magistrates’ pensions

Sorin Grindeanu, the interim leader of the Social Democratic Party (PSD), the largest in Romania’s ruling coalition, has attacked prime minister Ilie Bolojan whose resignation he asked unless a committee is set up with the participation of the Supreme Magistracy Council (CSM) and the High Court (ICCJ) on re-writing the magistrates’ pensions law recently rejected […]

Romania, Moldova go ahead with construction of new bridge over Prut river

The government of Romania approved the signing of an agreement and the establishment of a joint commission with the Republic of Moldova to coordinate all activities related to the construction of the new road bridge over the Prut river, in the Bumbata - Leova area, Profit.ro announced. Earlier this year, in April, the construction of […]

Cris-Tim IPO heavily oversubscribed on retail segment

After the IPO conducted by Romanian cold-cuts producer Cris-Tim was heavily oversubscribed on the retail segment during the first days (when a discount applied), the institutional investors have already covered their segment with offers - while the price has still not increased significantly above the lower-end bound, according to

Romania's telco Digi ups refinancing bond issue to EUR 600 mln

Romania's telecom operator Digi Communications (BVB: DIGI) announced on October 23 in a note to investors that it has increased the bond issue initially announced at EUR 500 million to EUR 600 million, setting an interest rate of 4.625% per year and maturity in 2031. Most of the money will be used for refinancing. The […]