Romania: The state’s financial black holes: public companies that lost (…)

May 8, 2026

The state’s financial black holes: public companies that lost hundreds of millions of lei
May 8, 2026

The state’s financial black holes: public companies that lost hundreds of millions of lei.

The National Railway Company CFR SA, Electrocentrale Craiova, Unifarm, and CFR Marf? lead the list of state-owned companies that reported gross (…)

[Read the article in Mediafax]

SEE ALSO IN ROMANIAN NEWSPAPERS

VIG: World Bank Group's IFC to acquire stake in Romanian pension fund company Carpathia Pensii Vienna Insurance Group (VIG) has signed an agreement with the International Finance Corporation (IFC), a member of the World Bank Group, to acquire - subject to regulatory approval - approximately 10% of the common shares in its Romanian pension fund company Carpathia Pensii.

Austria's Strabag Set To Acquire BAWI Construction In Romania Austria’s STRABAG will acquire BAWI Construction in Romania, a full-service provider for all railway-related projects.

Massive wave of retirements: more than half of government employees will retire within 15 years According to a government analysis, between 50% and 60% of current employees in public institutions are expected to reach retirement age within the next 15 years.

The Romanian government does not know exactly how many people it pays Romania has over 1.2 million paid positions in public institutions, but it lacks a comprehensive registry of employees, according to a report on the Analysis of the Efficiency of Central and Local Public Administration published by the Government.

Open Days at Cambridge School of Bucharest for Years 2, 3 and 4 Cambridge School of Bucharest (CSB), one of Romania’s leading international British schools, will host a dedicated Primary Open Day on Thursday, 14 May, from 16:00, inviting families interested in Years 2, 3 and 4 to discover the opportunities offered through the National Curriculum for England. (…)

Romanian Leu Gains More Ground Against The Euro, Ends Week At RON5.2364/EUR On May 8 The Romanian leu continued to gain ground against the euro by midday Friday (May 8), when the central bank set the reference rate at RON5.2364 per euro.

Romania drafting anti-poverty and social inclusion strengthening strategy in line with EU plans Romania has begun drafting a national anti-poverty and social inclusion strengthening strategy, according to interim labor minister Drago? Pîslaru. One in five Romanians lives close to the poverty line, the minister said on Thursday, May 7. Romania is the first EU member state to have initiated (…)