The Romanian state owns 216 companies, which represent about 7% of the country's GDP, generated by these companies and 83,000 employees, said Mihai Calin Precup, secretary of state in the Ministry of Public Finance on Thursday, at “Roinvest”, an event organized by News.ro in partnership with Team Innovation Media and Plurivox, PR and communication agency. In the past months, the government decided to reduce the distribution of dividends to the central budget to back investments at the level of strategic companies. From among energy producing companies, he mentioned Romgaz, Nuclearelectrica and Antibiotice Iasi in the health sector, which benefited from dividend cuts from 90% to 50%, which led to a stock plus of 900 million lei for investments of those companies. “The government's role is to identify priority projects for Romania, to structure their financing and after that to leave private companies to manage and develop them. The government;s role is to make sure that the invested money had a multiplying effect, with higher impact on real economy,”the secretary of state added. He said that quality human resources are needed to get involved in national projects and in state institutions. “Roinvest”was organized by News.ro news agency, in partnership with Team Innovation Media and Plurivox PR and communication agency.
“Little London” Theoretical High School, a private educational institution in Romania that values the Romanian educational system, has started construction work for the expansion of its school campus located in Voluntari, on Erou Iancu Nicolae Street. This initiative will increase high school capacity by 30% starting from the 2025-2026 academic year. In this context, the […]
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
Three-quarters of Romanians believe that the war in Ukraine affects Romania to a very great and fairly great extent, according to the third edition of the Informat.ro barometer by INSCOP Research, carried out between September 1 and 9. The monthly survey, which aims to bring to public attention topics of interest, shows that “opinions are […]
Daniela Schoppmeyer, the majority shareholder and general manager of Faberrom, a company that took over in the 1990s most of the spaces of the former APACA clothing factory in western Bucharest, is the new owner of half of the emblematic Scala residential block, on Magheru Boulevard, Profit.ro reported. Schoppmeyer...
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
