Romanian oil and gas group OMV Petrom (BVB: SNP) reported a 43% drop in sales and 64% drop in the net income in the third quarter (Q3) of 2023 compared with the same period of last year. The Clean CCS net income, which is adjusted for Special Items and Current Cost of Supply effects, was also down 44% year-on-year, at RON 2.06 bln (EUR 416 mln).
In the first nine months, the group’s sales...
Update: In a statement explaining its decision, the Central Electoral Bureau emphasized that presidential candidates must "respect the Constitution and defend democracy," criteria Călin Georgescu fails to meet. The bureau also pointed out that the Constitutional Court had previously annulled an election due to Georgescu, making his candidacy automatically invalid, Digi24...
Romania’s Central Electoral Bureau, BEC, rejected the registration of Călin Georgescu's candidacy on Sunday, March 9. Călin Georgescu, the far-right, Russia-friendly politician who surprisingly emerged as the first-round winner of last year’s annulled presidential elections, officially submitted his candidacy for the repeat presidential election on Friday, March 7. BEC's...
Călin Georgescu, the far-right, Russia-friendly politician who surprisingly emerged as the first-round winner of last year’s annulled presidential elections, officially submitted his candidacy for the repeat presidential election on Friday, March 7. Outside the Central Electoral Bureau (BEC) headquarters in Bucharest, supporters gathered to chant...
Romania’s anti-fraud agency ANAF will look into roughly 23,000 individuals who have earned income from renting properties for tourism purposes through online platforms such as Booking.com and Airbnb, according to finance minister Tanczos Barna. Individuals identified in this situation will receive compliance notifications, and anti-fraud inspectors will initiate audits where necessary. While obtaining such information […]
The Circular Catalysts program, an initiative of the British Council in partnership with the Romanian Cultural Institute, is making a return to Romania with the reopening of its documentary exhibition at the Museum of History and Ethnography in Târgu-Neamț. Running from March 7 to May 11, the exhibition showcases collaborations between Romanian and British designers, […]
Bucharest general mayor Nicușor Dan submitted his candidacy for the 2025 presidential elections on Friday, March 7, the first to do so among the announced candidates. He is running as an independent, and was assisted by volunteers to gather the necessary signatures. The 2025 presidential elections will take place on May 4 (first round) and […]
