Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Romanian minister on E.ON deal: Hungarian MVM's relations...

Romanian minister on E.ON deal: Hungarian MVM's relations with Russian Federation are obvious

January 27, 2025

The relations of Hungary's state-owned energy group MVM with the Russian Federation are obvious, and the potential buyer of utility company E.ON Romania reserved its right, under the contract sealed with the German group, to pass the subject of the takeover to third parties out of the European Union - minister of energy Sebastian Burduja said, commenting on the controversial deal involving major regional energy supplier operated by E.ON in Romania.

The Ministry of Energy has already notified...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/burduja-eon-mvm-deal-romania-russia-january-2025
Read in full - click here
Romanian prosecutors probe EUR 9 mln VAT fraud and money laundering case

Prosecutors from Romania’s National Anticorruption Directorate (DNA) conducted multiple searches on July 28 in Argeș County as part of an investigation into illegal VAT refunds and money laundering worth more than EUR 9 million, Digi24 reported, citing judicial...

Romania's Finance Minister asks for daily reports for "better understanding of how the institution operates"

The Ministry of Finance announced a new set of measures to streamline institutional activity by launching a new performance evaluation system for employees and departments within the ministry. At the core of the system is a structure of written reports. The employees will report daily, in writing, to their direct superior, the details of the […]

Sika opens concrete additives production unit in Romania

Sika Romania has inaugurated a new concrete additives production facility in Corlătești, Prahova County, following an investment of CHF 1.4 million (EUR 1.5 million), the company announced on July 28. The unit is located on the local industrial platform and is designed to meet rising demand in the construction and infrastructure sectors. The Swiss-owned construction […]

Romania’s budget deficit widens by 9.6% y/y to 3.7% of GDP

The government posted a deficit of RON 69.8 billion (EUR 13.8 billion) in the first half (H1) of 2025, 9.6% or RON 6.1 billion more compared to the same period last year, according to data published by the Ministry of Finance. In the second quarter (Q2) alone, however, the deficit narrowed by 5.9% y/y to […]

Wrocław Baroque Ensemble presents rarely performed works by Polish composers at concerts in Romania

The Wrocław Baroque Ensemble, a resident ensemble of the National Forum of Music (Narodowe Forum Muzyki – NFM) in Poland, will present a series of concerts in Romania exploring rarely performed works from Polish composers. Since its establishment in 2012, the group has specialized in historically-informed performance of Polish Renaissance and Baroque music under the […]

Survey shows only a third of Romanians strongly support democracy, in line with European trend

Fewer and fewer Europeans strongly support democracy, according to a new poll by European Movement International and Savanta. Romania is among the countries with the lowest support for democracy, the same study showed. Published on Monday, July 28, the report highlights that people are disillusioned with democracy across Europe. Overall, only 36% are consistent supporters...