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  5. PM Grindeanu and members of his Cabinet take...

PM Grindeanu and members of his Cabinet take over their mandates and start working. Ciolos, after handing over the baton to his successor: It’s by no means easy to enforce the governing platform. I wish him good luck

January 5, 2017

Premier Sorin Grindeanu and former Premier Dacian Ciolos met at the Victoria Palace on Thursday and talked for more than two hours, exchanging ideas on current projects. After his meeting with Grindeanu, Ciolos stated that to him the new Premier seems “committed” and determined to enforce PSD’s governing platform, however he finds that to be […]

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Premier Energy launches EUR 135 mln IPO on Bucharest Stock Exchange

Premier Energy PLC, one of the fastest-growing energy companies in Romania and the SEE region, will carry out an initial public offering (IPO) on the Bucharest Stock Exchange (BVB) between May 8 and May 15, 2024. Romania's Financial Supervisory Authority (ASF) approved the IPO prospectus on Tuesday, May 7. The company is looking to sell […]

EBRD lends more than EUR 46 million for 102 MW onshore wind farm in Romania 

The European Bank for Reconstruction and Development (EBRD) is lending more than EUR 46 million as part of a EUR 93 million financing package to build and operate Urleasca Wind Farm, a 102 MW onshore wind farm in Romania, the institution announced.  Urleasca Wind Farm is expected to generate 277 GWh a year of renewable energy […]

Bucharest and Ilfov County form the Romanian region with the highest motorization rate

Bucharest and Ilfov County together form the region in Romania with the highest motorization rate, with an average of 640 cars per 1,000 inhabitants, a level close to most regions in France, Germany, Austria, and Italy, according to Eurostat data for 2022 cited by Ziarul Financiar.  In the central, western, and northwestern regions of the […]

President of Romania’s governing PNL gearing up to be the party’s presidential hopeful

Nicolae Ciucă, the president of the National Liberal Party and head of the Romanian Senate, is increasingly looking like the party’s pick for the presidency.  Ciucă, a former general in the Romanian army and an ally of current president Klaus Iohannis, also from PNL, is featured on dozens of billboards across the country. In parallel, a social media […]

European Film Festival kicks off in Bucharest this week

The 28th edition of the European Film Festival opens in Bucharest on Europe’s Day, May 9. The event, which takes place in several cities in the country, will end this year’s run in Chișinău on June 8, the weekend of the EU Parliament elections. The program covers 40 feature films, 34 of them national premieres, […]

Large airborne military exercise taking place across Europe, including Romania

The multinational military exercise "Swift Response 24,” which will feature the largest airborne operations in Europe since World War II, has recently begun. The exercise will take place until May 24 in Romania, including in the Cincu range in Brașov County, according to Radio Brașov, as reported by Rador. According to the Ministry of National […]