The Romanian wine Însurăței is now registered as protected designation of origin (PDO) after the European Commission approved the request to have the local...
airport

EC will finance only half of Bucharest’s subway line to the airport

The European Commission (EC) has decided to finance only half of the M6 subway line which should connect Bucharest’s main train station to the...
energy

Romanian energy project contractor gets EUR 32 mln financing from Eximbank

Romelectro, one of the biggest general contractors for energy projects in Romania, contracted a RON 150 million (EUR 32 million) financing facility from state-owned...

Motor racing track opens in central Romania

The Mureș County Council opened this past weekend the Transilvania Motor Ring, a motor ring race track located between Cerghizel and Cerghid, close to...

Western Romania city buys four public toilets of almost EUR 50,000 each

The City Hall of Cluj-Napoca, a city in western Romania, has purchased four public toilets with EUR 191.498. The toilets were purchased through a public...
bonds

Romanian Govt. grants EUR 105 mln state aid to nine local companies

Romania’s government signed on Monday, November 12, the financing agreements for granting RON 491 million (EUR 105 million) worth of state aid to nine...

Romanian IT group plans to issue EUR 10 mln bonds by 2020

Bittnet Systems, one of the fastest-growing IT&C groups in Romania, plans to issue one or more bond issue with a total value of up...

Romania wins USD 450 mln arbitrage case with Swiss group Alpiq

Romania won the international arbitrage case with Swiss energy group Alpiq at the International Centre for Settlement of Investment Disputes (ICSID) in Washington. Alpiq was...

Romania’s president signs offshore law

Romania’s president Klaus Iohannis signed on Monday, November 12, the offshore law, which sets the regulatory and fiscal framework for offshore gas exploitations in...

Enel plans to install 2,500 charging points for electric cars in Romania

Italian group Enel officially launched its Enel X advanced energy services business line in Romania on Tuesday, November 13. The group also announced its...

IMF mission says Romania should reassess increases in public wages and pensions

The International Monetary Fund (IMF) mission to Romania, led by Jaewoo Lee, concluded their visit to Romania on Monday, November 12, after meetings with...

From Our Partners

(P) When is a school much more than just a school?

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The answer is when it is a ‘Community’, and there is no better example of this than the International British School of Bucharest. The school’s...

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