Car insurance comparison experts at Compare the Market AU analyzed various factors, including electric charger availability, average congestion, and accident rates, to reveal the most stressful countries for drivers, and Romania took the top spot. At the other end of the ranking, the Netherlands took the stress-free crown.
Romania ranks as the most stressful country for drivers, with a score of 50.96. It had the worst congestion rate (55%) among all those analyzed - 25% higher than Australia...
The notifications requested from Ukraine and Moldova failed to confirm that nationalist leader George Simion (AUR) would be a Russian spy or would be in contact with Russian intelligence officers, Romanian prime minister Marcel Ciolacu stated in response to inquiries expressed by his rivals in the presidential elections, Nicolae Ciuca (Liberal Party, PNL) and Mircea […]
Romania's Senate has approved a USD 6 billion bill to purchase 32 F-35 fighter jets, engines, ammunition, and logistical support, securing 76 votes in favour. This final parliamentary approval advances the bill to president Klaus Iohannis for promulgation unless contested at the Constitutional Court. Under the terms, the aircraft delivery is expected by 2031, with […]
Romania's state-controlled Oil Terminal (BVB: OIL), managed by the Ministry of Energy, reported a net profit of RON 45.26 mln (EUR 9.05 mln), a 91% increase year-on-year, for the first nine months of 2024, according to revised financial results published on the Bucharest Stock Exchange. Total revenues rose by 35% y/y to RON 354 mln […]
Romania's National Forestry Authority, Romsilva, is set to purchase over 4,000 hectares of forest land in Neamț County from Romanian-Swiss businessman Eric Ioan Sturdza for EUR 22 million, Profit.ro reported. This acquisition, approved by Romsilva's Board...
The high competition among bidders pushed up the price charged by Romania’s largest wind farm, Fantanele-Cogealac, owned by Evryo owned by investment fund Macquarie, to RON 565 (over EUR 110) per MWh, a price that was paid by Electrica’s subsidiary DEER which won four of the seven contracts. The starting prices ranged between RON 400 […]
The net inflows of foreign direct investments (FDI) in Romania increased by 9.5% y/y to nearly EUR 6.9 billion in 12 months to September 2024, while the new equity FDI surged by 50% y/y to over EUR 2.8 billion – a record for the past five years, according to data published by the National bank […]
