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Romanian hauliers win partial victory at CJEU against alleged discriminatory regulations

October 7, 2024

The Court of Justice of the European Union (CJEU) announced on Friday, October 4, that it canceled the obligation provisioned in the Mobility Package for vehicles to return every eight weeks to the company's operational center – one of the most criticized provisions,

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Banca Transilvania completes merger with OTP Bank Romania

Banca Transilvania (BT), the biggest financial group in the country, said that it successfully completed its merger with OTP Bank Romania, strengthening its position as the market leader with a 23% market share. The integration boosts BT's assets by 9%, its loan portfolio by 13%, and expands its presence, particularly in Bucharest and central Romania. […]

Russian drone fragments carrying active combat payload found in south-eastern Romania

Drone fragments found on March 1 in Romania’s south-eastern Galați county are of Russian origin and carried an active combat payload, the Ministry of National Defense (MApN) announced in a press release. The fragments were found 500 meters from the border with the Republic of Moldova. The explosive payload was detonated...

BCR Romania Manufacturing PMI®: Romanian manufacturing economy deteriorates at a slower rate in February

Rates of decline in output and new orders soften Stocks of purchases increase for the first time on record Sharp and accelerated rise in input costs, but charge inflation cools Latest data provided signs that the decline across the Romanian goods-producing lost momentum midway through the opening quarter of the year. Although conditions remained challenging, […]

French president says Russia ready to invade Moldova and perhaps Romania if not stopped

If Russian president Vladimir Putin, who invaded Ukraine in 2022, is not stopped, "he will certainly go to Moldova and perhaps further, to Romania," French president Emmanuel Macron warned in an interview with several French newspapers quoted by Le Monde. The statement came after the...

Romania to keep providing electricity at capped price to Moldova

The government of Romania will continue to cap the price for "a large part of the electricity purchased by the Republic of Moldova" from domestic producers in Romania, acting president Ilie Bolojan declared during a press conference held in Chisinau on February 28 with counterpart Maia Sandu,

Rally organized by far-right parties in Bucharest in support of Calin Georgescu

A rally estimated at tens of thousands of participants from all over the country was organized by the far-right party AUR and its smaller newly emerged partner POT in favor of pro-Russian isolationist and former presidential candidate Calin Georgescu in Bucharest on March 1. The rally was organized by AUR, the party of far-right politician […]