Bulgaria, Romania and Turkey plan to conclude a cooperation agreement for demining the Black Sea next week, Bulgarian Defense Minister Todor Tagarev announced Thursday evening, quoted by EFE. “The war in Ukraine, started by Russia, involves risks for our territory, for the security of maritime transport,” Tagarev explained the reasons that led to months of negotiations to reach this agreement. In order to “minimize these risks”, the naval forces of the three coastal countries will participate in clearing the mines, added the Bulgarian minister, quoted by the BNR public radio. Tagarev did not provide details about the terms of the agreement or the exact date of its signing. Instead, in Ankara, the Turkish Ministry of Defense also revealed on Thursday that, “on January 10-11”, an agreement will be signed with Romania and Bulgaria regarding the joint force between the three NATO member states, with access to the Black Sea, which has with the aim of removing sea mines that reach the territorial waters of the three countries.
The Constitutional Court of Romania (CCR) will rule on December 10 on the objections expressed by the opposition party AUR against the revised law that includes higher taxes and better tax collection procedures, passed by the Parliament on November 18 in an amended form, such as to incorporate the issues already spotted by the CCR […]
The Social Democrat (PSD) candidate for the Bucharest mayor seat, Daniel Baluta, mayor of District 4 and president of PSD Bucharest organisation, leads with 26.6% of the general voting intentions expressed in the latest poll conducted by Inscop for Informat.ro. He is closely followed by the Liberal (PNL) candidate Ciprian Ciucu, currently mayor of District […]
Cris-Tim Family Holding (BVB: CFH) shares will start trading on the Bucharest Stock Exchange on November 26, following one of the most heavily oversubscribed initial public offerings ever conducted on the local market for retail investors, Ziarul Financiar reported. The listing follows a RON...
Banca Transilvania (BVB: TLV) is preparing to launch a new Additional Tier 1 (AT1) bond issue, denominated in euros, with an indicative coupon of 7.625% (semiannual payment), according to Bloomberg information consulted by Economedia.ro. The instrument is a EUR Benchmark Perpetual...
Banca Comercială Română (BCR, part of Erste Bank Group) raised EUR 500 million through its second Eurobond issue, strengthening its access to international capital markets. The issuance follows a local bond sale earlier this month and forms part of the bank’s broader funding strategy. BCR stated that the transaction secured “one of the most competitive […]
Premier Energy Group (BVB: PE), a leading integrated energy provider in Southeastern Europe and a listed company on the Bucharest Stock Exchange, announced the acquisition of a 100% stake in a ready-to-build battery energy storage system - BESS development located near Iași, eastern Romania. The project has a planned power input and output of 200 MW […]
