Integrated energy producer OMV Petrom said it would invest roughly EUR 750 million at Petrobrazi to transform the refinery into the first major producer of sustainable fuels in Southeast Europe. The company will build a plant for the production of sustainable aviation fuels (SAF) and renewable diesel (HVO) and two facilities for the production of green hydrogen.
“In total, by 2030, we’re committing EUR 11 billion to transform the company for a lower carbon future, both in Romania...
Invalda INVL Group today announces that it has successfully completed a first closing of its second-generation private equity fund (“INVL Private Equity Fund II”), reaching EUR 305 million and exceeding its target of EUR 250 million. Invalda INVL Group is very active in Romanian market through few of its strategies and with the launch of […]
Mixing animation and live action, a 30-minute short film titled IZIDOR takes audiences on a haunting yet hopeful journey of an abandoned child's path to love and healing. Based on the real-life story of Romanian Izidor Ruckel, the production portrays his early years in an orphanage of the communist regime, neglected and abused, while highlighting […]
The Board of Directors of the National Bank of Romania (BNR) decided to maintain the monetary policy interest rate at 6.5% per year, as well as the lending facility rate at 7.5% per year in its meeting on Friday, February 14. Additionally, BNR kept the deposit facility rate at 5.5% per year. BNR initiated its […]
DN AGRAR Group, the largest integrated livestock farm in Romania, listed on the Bucharest Stock Exchange (BVB symbol: DN), announced plans for financing new investment projects set to begin in 2025, with a total value of approximately EUR 3.4 million. The planned investments include a new composting factory at the Lacto Agrar farm, the second […]
Romania is experiencing its coldest week of this winter, with snow and temperatures dropping as low as -20°C, according to meteorologists quoted by Digi24. In the southern and southeastern parts of the country, including Bucharest, snowfall is expected to reach up to 20 cm, and blizzards are expected to make...
Romania’s foreign minister, Emil Hurezeanu, argued during a meeting at the Munich Security Conference on Sunday, February 16, that NATO eastern flank states must participate in discussions on all aspects that guarantee a just solution to the war in Ukraine. Hurezeanu made the statements during a meeting with counterparts present at the Munich Security Conference […]
