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The Constitutional Court of Romania, at its meeting on September 24, has postponed until October 8 the decision on four of the five laws in the second package of budgetary measures proposed by the government of prime minister Ilie Bolojan, including the key law regarding magistrates' pensions, according to Ziarul...
Dulcinella Group, a confectionery brand founded in 2005 in the Republic of Moldova, is investing EUR 10 million in a second production facility in Târgu Neamţ, Romania, where it already operates a factory, the company announced. The new plant will be built on the site of the former textile factory in Târgu Neamţ, which Dulcinella […]
Romanian cold cuts producer Cris-Tim is preparing for a public offering ahead of a listing on the Bucharest Stock Exchange (BVB), market sources told Bursa.ro. The transaction could take place as early as next month, with the company’s valuation estimated between EUR 200 million and EUR 250 million. The company has not yet...
Romania's nuclear power producer Nuclearelectrica (BVB: SNN) signed two financing agreements worth EUR 620 million with a banking syndicate led by JP Morgan SE for major projects at the Cernavoda nuclear plant, the company announced in a press release. The largest facility, a EUR 540 million loan, will fund the preliminary phase of the refurbishment […]
Romania’s public debt rose by RON 5.9 billion (EUR 1.2 billion) in June to RON 1.04 trillion (EUR 204.9 billion) at the end of the month, according to data published by the Finance Ministry. The debt-to-GDP ratio reached 57.2%, based on updated GDP available as of the end of the second quarter of the year. […]
Romania’s government will complete its 2025 budget revision by the end of September, prime minister Ilie Bolojan announced on Wednesday, September 24. The revised budget will be launched on Thursday, published no later than Friday, and adopted in an extraordinary cabinet meeting early next week, he said in a press conference. The European Commission has […]
