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USR and PNL propose “European Romania Year” and decade-long plan for euro adoption by 2037
Lawmakers from Romania’s Save Romania Union (USR) and National Liberal Party (PNL) have submitted a legislative proposal to designate 2027 as the “Year of European Romania” and the 2027-2037 (…)
May 19, 2026
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Sculpture by Romania’s Constantin Brâncu?i sold for record sum at Christie's auction
A sculpture by famous Romanian sculptor Constantin Brâncu?i was auctioned off for USD 93 million on Monday, May 18, during an event held by famed auction house Christie’s. Including fees, the (…)
May 19, 2026
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EPPO investigates EUR 3.5 mln suspected fraud involving EU-funded farm projects in Romania
The European Public Prosecutor’s Office (EPPO) announced that it is investigating a suspected EUR 3.5 million fraud scheme involving EU funding intended for small farms and young farmers in (…)
May 19, 2026
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CTP extends partnership with LEROY MERLIN Romania to 48,500 sqm at Europe’s largest industrial park
CTP, Europe’s largest listed developer, owner and operator of logistics and industrial real estate by gross leasable area, has signed an agreement with LEROY MERLIN Romania, retailer specializing (…)
May 19, 2026
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Fondul Proprietatea contributes EUR 11 mln to prevent dilution of stake in Constanta Port
Fondul Proprietatea (BVB: FP) on May 15 exercised its preemptive right and subscribed 5,632,510 new shares in the National Company Administration of Maritime Ports (CNAPM), with a nominal value of (…)
May 19, 2026
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Court greenlights sale procedure for Romanian steel mill Liberty Galati
The Galati Court approved the amended plan to sell the assets of Romanian steel group Liberty Galati (under pre-insolvency procedures), thus paving the way for the resumption of the auction for (…)
May 19, 2026
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Creditors of Romanian bankrupt shipyard Mangalia prepare new sale plan
The creditors of the Romanian bankrupt shipyard Mangalia will meet on Friday, May 22, to vote on a new sale strategy consisting of at least 6 monthly auctions for the sale of the shipyard, (…)
May 19, 2026
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Fitch upgrades Banca Transilvania rating above Romania’s sovereign grade
Fitch Ratings upgraded the long-term issuer default rating (IDR) of Banca Transilvania (BVB: TLV) from BBB- to BBB, placing the lender one notch above Romania’s sovereign rating. Banca (…)
May 19, 2026
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Romania loses EUR 67 mln arbitration case against Italian contractor Pizzarotti
Romania’s National Road Infrastructure Administration Company (CNAIR) has lost an arbitration dispute against Italian construction group Impresa Pizzarotti over delays affecting Lot 1 of the (…)
May 19, 2026
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Romania’s CA deficit narrows by 13% y/y in Q1, to 7.7% of GDP in rolling 12 months
Romania’s current account (CA) deficit narrowed by 13.3% y/y to EUR 5.34 billion in the first quarter of the year (Q1) and by 3.4% y/y to EUR 29.1 billion in 12 months to March 2026, according to (…)
May 19, 2026
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Radu Jude’s latest film to have Romanian premiere at Transilvania IFF
Radu Jude’s Journal d’une femme de chambre/ The Diary of a Chambermaid, which premiered in this year’s Quinzaine des Cinéastes/Directors’ Fortnight, will have its Romanian premiere at Transilvania (…)
May 19, 2026
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Bucharest City Hall plans nine new parking facilities under public-private partnerships
Bucharest City Hall announced on Monday, May 18, plans to build eight underground parking facilities and one above-ground parking structure through public-private partnerships. The project is part (…)
May 19, 2026
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PM consultations to continue in Romania until “solid pro-Western majority” emerges, president says
Romanian president Nicu?or Dan said on Monday, May 18, that consultations with parliamentary parties on appointing a new prime minister will continue until a “solid pro-Western majority” capable (…)
May 19, 2026
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Builder CML.RO Posts 42.8% Growth In Revenue To Over RON260M In 2025
Builder CML.RO, based in Beclean, Bistrita-Nasaud County and owned by entrepreneurs Mihaela and Vasile Ros, posted RON260.3 million (EUR51.6 million) revenue in 2025, up 42.8% from the previous (…)
May 19, 2026
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