ING Bank Romania has appointed Raluca Țintoiu as the new Head of Wholesale Banking and a member of the Executive Committee. Effective March 17, 2025, Țintoiu will oversee the division dedicated to serving large corporations, multinational businesses, and financial institutions with annual turnovers exceeding EUR 100 million.
With over two decades of experience in banking, investments, capital markets, and insurance, Țintoiu has built a strong career specializing in...
Chances are slim for the Social Democratic Party (PSD) to pull out of the ruling coalition this year, maybe only if something extraordinary happens, according to a leading member of the party consulted by Hotnews.ro. The party is again exploring options after its...
The Romanian Senate on December 8 overwhelmingly rejected the president's objections to the bill on combating extremism, also known as the Vexler law. There were 75 votes for maintaining the amendments referred by president Nicusor Dan to the Constitutional Court in a first step and then returned to lawmakers for a second review,
In the first 11 months of 2025, Romania produced 2.5% fewer automobiles compared to the same period last year, Ziarul Financiar reported. The country's automobile production totaled 505,859 units during the period. Out of this, 275,527 units were produced by Dacia and 230,332 by Ford Otosan. In...
Franklin Templeton, the long-time manager of Fondul Proprietatea (FP), has formally notified the Bucharest Stock Exchange that it is now willing to negotiate a new four-year mandate, reversing its earlier decision to withdraw from the administrator selection process. According to the announcement, Franklin Templeton International Services - FP's alternative investment fund manager (AIFM) and sole […]
OMV Petrom, which, together with Romgaz, is the concessionaire of the Neptun Deep perimeter in the Black Sea, which will bring the first gas from the 100 billion cubic meter deposit to Romania, has submitted the environmental documentation for a new deep-sea drilling in Neptun Deep, which will see if there are additional gas resources […]
Bucharest-listed Premier Energy (BVB: PE), controlled by Jiří Šmejc-funded Emma Capital, in a conference with investors on December 8, announced plans to build a new 20 MW power plant in Romania, in Brăila, while evaluating the opportunity of another project, according to Economica.net....
