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Bucharest Stock Exchange below other regional markets as share of GDP despite more listed companies

Bucharest Stock Exchange below other regional markets as share of GDP despite more listed companies

The ratio between the market capitalization of companies listed on the Bucharest Stock Exchange and Romania’s GDP was 20.7% as of December 31, 2024, below the levels recorded in other regional markets, such as Greece (43.7%), Croatia (33.8%), and...

Romanian software company OVES Enterprise expanding to the US to develop military drones

Romanian software company OVES Enterprise expanding to the US to develop military drones

OVES Enterprise, a Romanian software development company based in Cluj-Napoca, announced an expansion to the United States market through a strategic partnership with Adler Aerospace. The company will be developing large military drones based on...

Romanian Senate delegation visits Khankendi

Romanian Senate delegation visits Khankendi

A delegation led by Romanian Senator from Maramureș County and member of the Romania-Azerbaijan Interparliamentary Friendship Group, Cristian Augustin Niculescu Țigîrlaș, has paid a visit to Khankendi, Public Relations Department of the...

Romania completes second renewable energy auction with EBRD support  

Romania completes second renewable energy auction with EBRD support  

Romania has delivered its second successful renewable energy auction under the contracts for difference (CfD) scheme, with backing from the European Bank for Reconstruction and Development (EBRD). The CfD scheme incentivises investments by...

E.ON refuses to withdraw Romanian sale following prohibition recommendation 

E.ON refuses to withdraw Romanian sale following prohibition recommendation 

MVM Group’s acquisition of E.ON’s Romanian energy supply business could be blocked within the next three months after the country’s foreign investment screening body warned the deal was a potential security risk amid concerns of interference from...

Construction output falls across euro area and EU

Construction output falls across euro area and EU

Production in the construction sector recorded a monthly decline across the euro area and the European Union in June, according to preliminary data released by Eurostat, the statistical office of the EU. Seasonally adjusted figures show that...

Places Half Empty scoops the Eurimages Co-Production Development Award at CineLink Industry Days

Places Half Empty scoops the Eurimages Co-Production Development Award at CineLink Industry Days

22/08/2025 - Besides Dorka Vermes’ Hungarian project, Red Water and Who Are We also won the top prizes in their respective categories All of the CineLink Industry Days winners (© Sarajevo Film Festival) The 23rd CineLink Industry Days (16-21...

Romanian business leaders warn loan capitalisation rule could deter investment

Romanian business leaders warn loan capitalisation rule could deter investment

The Romanian business community has raised objections to proposed amendments to the Commercial Companies Law included in the government’s second reform package, warning the measures could discourage major investments, Economedia.ro reported. The...

Romania publishes planned public health system reforms

Romania publishes planned public health system reforms

Prime minister Ilie Bolojan and health minister Alexandru Rogobete presented a package of reforms targeting the public health system, Economedia.ro announced. The Health Ministry has already published the draft ordinance. “Our healthcare system...

Romanian authorities advise against MVM’s purchase

Romanian authorities advise against MVM’s purchase

The Romanian Commission for the Examination of Foreign Direct Investments (CEISD) has been reviewing the transaction since 14 February, in which the Hungarian state-owned company MVM Energy plans to acquire the Romanian subsidiaries of E.ON,...

The Far-Right Protest Vote in Romania

The Far-Right Protest Vote in Romania

Andrei Țăranu The most prominent group, in terms of age, was thirty-five- to fifty-five-year-olds: some 67 percent of them voted for him. People over age fifty-five voted mostly for Nicușor Dan. The youngest generation (one million voters aged...

Turkish firm Astor Enerji to install 2 GWh of battery capacity at its solar projects in Romania

Turkish firm Astor Enerji to install 2 GWh of battery capacity at its solar projects in Romania

Astor Enerji recently entered the Romanian market through the acquisition of four photovoltaic projects with a total capacity of 279 MW, according to reports. The transactions, which require regulatory approval, were carried out in April through...

Turkey’s Astor Enerji to deploy 2 GWh of battery storage in Romania

Turkey’s Astor Enerji to deploy 2 GWh of battery storage in Romania

Energy Vault and Astor Enerji have entered a strategic agreement to accelerate the deployment of large-scale energy storage and grid infrastructure across multiple markets. Under the deal, the Turkish manufacturer of power transformers and...

Dorka Vermes’ ‘Places Half Empty,’ Zeynep Koprulu’s ‘Rain Country’ Win at Sarajevo Industry Awards

Dorka Vermes’ ‘Places Half Empty,’ Zeynep Koprulu’s ‘Rain Country’ Win at Sarajevo Industry Awards

Dorka Vermes’s “Places Half Empty,” Zeynep Köprülü’s “Rain Country” and Miroslav Terzić’s “Who Are We” won big at the Sarajevo Film Festival’s CineLink Industry Days, the festival’s industry sidebar focusing on projects in different formats and...

Addiko Bank ventures into Romania’s digital banking sector 

Addiko Bank ventures into Romania’s digital banking sector 

Addiko Group, a banking group with a specialised focus, has made its entry into the Romanian market. The bank is leveraging its European Union banking licence, through its Slovenian subsidiary Addiko Bank d.d., to offer fully online loans in...

EBRD supports Romania through second renewable energy auction

EBRD supports Romania through second renewable energy auction

The European Bank for Reconstruction and Development (EBRD) has supported Romania to deliver its second renewable energy auction under the Contracts for Difference (CfD) scheme, completed in August 2025. The two-way CfD scheme, developed with EBRD...

Capitalism and its Critics: A History from the Industrial Revolution to AI by John Cassidy

Capitalism and its Critics: A History from the Industrial Revolution to AI by John Cassidy

By the start of the 19th century, capitalism was the dominant economic system of developing nations and the aspiration for much of the world. And yet, at every step in its evolution, capitalism was challenged for its shortcomings, especially when...

EBRD: Romania awards 4.2 GW of renewable energy capacity across two CfD auctions, beating target

EBRD: Romania awards 4.2 GW of renewable energy capacity across two CfD auctions, beating target

Romania has awarded a record 4.2 GW of renewable energy capacity across two Contracts for Difference (CfD) auctions, exceeding its 3.5 GW target under the national Recovery and Resilience Plan, the European Bank for Reconstruction and Development...

EDF wins EUR 175 mln contract to refurbish Romania's Cernavodă nuclear plant unit

EDF wins EUR 175 mln contract to refurbish Romania's Cernavodă nuclear plant unit

French state-owned energy company Électricité de France (EDF) has secured a contract worth EUR 175 million to refurbish the turbogenerator of Unit 1 at Romania’s Cernavodă nuclear power plant, Profit.ro reported. The agreement was signed between...

Jimmy Thelin on the lessons that his Aberdeen players must learn before battle in Bucharest

Jimmy Thelin on the lessons that his Aberdeen players must learn before battle in Bucharest

Jimmy Thelin has acknowledged that Aberdeen have to learn lessons and can’t keep gifting goals if they want to realise their Europa League dream. The Dons had to battle back from 2-0 down at Pittodrie on Thursday night to salvage a play-off draw...

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