Romania: Dedeman owners reduce stake in Bucharest Exchange-listed oil and (…)

January 22, 2026

Dedeman owners reduce stake in Bucharest Exchange-listed oil and gas transporter Conpet
Jan 22, 2026

Dedeman owners reduce stake in Bucharest Exchange-listed oil and gas transporter Conpet.

The Pav?l brothers, the owners of DIY chain Dedeman, sold part of the shares they had in Conpet Ploie?ti (BVB: COTE), the operator of the national crude oil pipeline transport system. The sales were carried out at the beginning of this year at prices slightly below the threshold of RON 80/share. (…)

[Read the article in Romania-Insider]

SEE ALSO IN ROMANIAN NEWSPAPERS

Romania's Babe?-Bolyai University registers strong presence in Times Higher Education ranking by subject The Romanian Cluj-Napoca-based Babe?-Bolyai University announced on Wednesday, January 21, that it is present in 9 of the 11 fields evaluated globally in the World University Rankings by Subject conducted by Times Higher Education. As a result, the university has the strongest presence in (…)

Romanian subsidiary of Germany's BMW announces investments in dealer network BMW Romania, the subsidiary of the famous German automotive group, announced investments in the commercial spaces of the dealer network and in its own headquarters in Bucharest’s area of B?neasa. BMW Group has been present in Romania for 19 years as the representative of the BMW, MINI, and BMW (…)

Romania to be guest of honor at Frankfurt Book Fair 2028 Romania will be the guest of honor at the Frankfurt Book Fair in 2028 and will manage a pavilion of approximately 1,500–2,000 sqm, according to a memorandum approved by the Romanian government on Thursday, January 22. The government approved the interinstitutional framework for preparing and (…)

Survey finds Romanians enter 2026 cautious, focused on spending control and savings Romanians are entering the new year with cautious expectations about their financial situation, according to a new survey conducted by Raiffeisen Bank Romania in partnership with Appinio. More than half of respondents (53%) plan to manage their expenses more carefully in 2026, while over 30% (…)

Family of British teenager lost in Romanian mountains says it has accepted the loss The family of George Smyth, the student of the University of Bristol lost in Romania's Bucegi Mountains since November 23, 2025, said they now accept the loss, BBC reported. Smyth set off from Poiana Bra?ov, contacting rescuers from Tiganesti. The 18-year-old was disoriented, exhausted, and (…)

Romania to install 400 radar cameras to monitor traffic Romania’s National Company for Road Infrastructure Administration, or CNAIR, has launched a tender for the purchase of 400 video cameras equipped with radar and other necessary equipment for monitoring road traffic. The new integrated traffic management system will enable speed monitoring and (…)

The Village on the Edge of the World. Writing and Surviving Ceau?escu's Romania: Work by Nobel laureate Herta Mà�ller released in English translation Herta Müller's The Village on the Edge of the World, a reflection on life behind the Iron Curtain, is due for release by Pegasus Books this May. The book, translated into English by Kate McNaughton, presents "a brilliant, discomfiting reflection on literary life defined by the brutality of (…)