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Navigating the Green Landscape: Romania’s Prospects Explored in eToro Analyst Bogdan Maioreanu’s Macro Commentary on COP 28

November 27, 2023

Macro commentary by eToro analyst for Romania, Bogdan Maioreanu: UN climate conference COP 28 wants to bring green investments back into focus   COP 28, the world’s biggest climate conference starts November 30th, with another push to accelerate carbon transition investments, which may help move the sectors’ derated stocks out...

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Memorial march in Bucharest to mark Romanian 1989 Revolution

A memorial march will take place in central Bucharest on December 21 to mark the victims of the 1989 Revolution, which led to the fall of communism in Romania. The march will follow the Victory Square – University Square – Revolution...

Sale of Zenith Conference & Spa hotel in Romania’s Mamaia completed

Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]

Romanian president Nicușor Dan also travels to the UK this week

Romanian president Nicușor Dan is scheduled to be in the United Kingdom on Tuesday and Wednesday, December 16-17, to meet with representatives of the business environment and the Romanian community.  On the first day, the head of state will hold meetings with Romanian representatives from the business environment in the UK, as well as with […]

More than 300,000 urban seniors in Romania spend Christmas alone, NGO warns

More than 300,000 older people living in Romania’s urban areas are expected to spend Christmas alone, according to data cited by the NGO Niciodată Singur – Friends of the Elderly, which recently launched its annual holiday campaign aimed at tackling loneliness among seniors. The initiative, titled “Be the Carol That Breaks the Silence,” is based […]

Romanian Social Democrats break coalition ranks and vote simple motion against environment minister

The Romanian Senate adopted a simple motion initiated against environment minister Diana Buzoianu on Monday, December 15. The motion passed after the Social Democratic Party (PSD), the largest party in the governing coalition, joined the far-right opposition party AUR in the initiative.  The vote for the simple motion was carried after a no-confidence motion filed […]

EIB grants EUR 25 mln loan to Agricover to support Romanian farmers

Romanian farmers are set to benefit from improved access to financing following a EUR 25 million loan granted by the European Investment Bank (EIB) to Agricover Credit IFN SA, aimed at supporting micro agricultural businesses across the country. The funding will be provided under the InvestEU mandate and is intended to boost productivity and promote […]