Romanian tennis player Sorana Cirstea lost Romania's first match at Hopman Cup against Spain (Group A), a tournament taking place in Australia. Cirstea lost two sets against Maria Jose Martinez Sanchez, score 4-6, 3-6. Romania needs Hanescu's victory against Robredo to even the Spanish and preserve the chances to get to the final.
The Romanian hydropower group Hidroelectrica (BVB: H2O) called shareholders on April 29 to approve the distribution of RON 4 billion as dividends, according to a note to investors. The proposed dividend accounts for almost the entire RON 4.1 billion net profit achieved last year. The gross dividend per share is to be set at RON […]
OMV Petrom, one of Ukraine's largest gasoline suppliers, has started shipping gasoline to Ukraine by road, whereas until now, transport was only done by rail, Economica.net announced, quoting Ukraine's Enkor. The declared capacity of the new source is 5,000 tons per month and the terminal serves vehicles...
The copper and gold mining project developed by the Canadian mining company Euro Sun Mining in the Rovina area in Hunedoara County, just shortlisted by the European Commission under the Critical Raw Material Act (CRMA), lost its environmental permit last year, and Hungary's consent is needed for getting a new one, according to
Romania will receive EUR 1.3 billion out of the EUR 2 billion (pre-financing not included) envisaged under the third Resilience Facility request sent to the European Commission and has six months to meet all targets and get the rest of the money, the Ministry of Investments and European projects (MIPE) announced. Romania has completed the […]
Romania issued EUR 2.75 billion of euro-denominated FX bonds with 7-year and 14-year maturities, according to Ziarul Financiar. That takes Romania's Eurobond funding this year to EUR 6.75 billion (2% of GDP) after the country sold the equivalent of EUR 4 billion of euro- and dollar-denominated bonds in February. ...
The Constitutional Court (CCR) has ruled that the Army has the authority to shoot down drones that fly unauthorized in Romania's airspace, rejecting challenges from extremist parties AUR, POT, and SOS against the airspace control law. The court unanimously dismissed claims that the law was unconstitutional, stating that Romania's NATO membership entails shared defense responsibilities […]
