The Romanian government approved on Wednesday a memorandum on Romania's transformation into a regional hub for the European Bank for Reconstruction and Development (EBRD).Romania will become a regional hub of the European Bank for Reconstruction and Development, providing an efficient platform for the expansion of EBRD operations in Eastern Europe (Bulgaria, Greece and, if appropriate, the Republic of Moldova) and strengthening the strategic role of our country in promoting regional economic stability, shows a press release issued by the Romanian executive."Romania's commitment to sustainable development objectives makes it a suitable partner for the EBRD, which prioritizes ecological transition and economic sustainability. By establishing a hub in Romania, the EBRD could accelerate the implementation of sustainability initiatives in the region, promoting renewable energy, energy efficiency and green infrastructure projects. Romania became a member of the EBRD in 1991, and this financial institution invests in both the private and public sectors, in areas such as energy, transportation, municipal infrastructure and financial institutions," reads the press release.
Buzău Land UNESCO International Geopark announced the opening of additional destinations that can be visited this summer season, namely the Oil Seeps in Beciu, Odăile Mushrooms, and the Living Fire in Lopătari. The initiative is part of the geopark's strategy to diversify the visitor experience, aiming to reduce pressure on already popular natural attractions and […]
The Romanian retail investors placed RON 537 million in local currency and EUR 223 million (over RON 1.1 billion) in euros under the June 2025 issue of the Government’s bond scheme Fidelis, resulting in a total of approximately RON 1.65 billion, according to data aggregated by Ziarul Financiar. ...
A new draft law in the Romanian Senate seeks to set 16 as the minimum threshold to have a social media account. Access for children below that age will be allowed only with parental consent and a rigorous security filter. The initiative aims to curtail the time that children spend online and the harmful influences […]
Orchid, a Romanian company based in Constanța controlled by the Romanian-Swedish family Muntmark, has secured contracts to install wind turbines with a combined capacity of 276 MW in Romania and Austria, Economica reported on June 16. ...
Romanian eyewear retailer Lensa has announced new shareholders, including international group OH Holding Limited and ATM Ventures, part of the Autonom group, Ziarul Financiar and
The Romanian air filter and protective mask manufacturer Filtre Aer Curat (Eversted brand), owned by the Ene family in Prahova county, has won a EUR 3 million European grant to develop a new EUR 5 million factory, according to Ziarul Financiar. The production unit is expected to be ready...
