Banca Transilvania Backs Expansion Of Salina Turda Salt Mine With Nearly RON75M LoanBanca Transilvania is granting a RON74.7 million loan for the expansion and modernization of the Salina Turda salt mine, backed by a RON59.7 million risk guarantee from the Romanian Investment and Development Bank (BID), covering 80% of the loan value.
Romanian PM-designate Muresan Loses Confidence Vote, Political Crisis DeepensRomania’s prime minister?designate, Siegfried Muresan, a member of center-right National Liberal Party (PNL), has failed to secure a parliamentary vote of confidence on Wednesday (Sept 30, 2026), deepening the country's political crisis and escalating risks to its investment?grade credit standing.
Romania remains in political crisis after Parliament rejects Siegfried Mure?an governmentRomanian lawmakers rejected prime minister-designate Siegfried Mure?an’s proposed minority government on Wednesday, September 30. The cabinet received 182 votes in favour and 15 against, falling 51 votes short of the 233 required for confirmation. Of Romania’s 464 senators and deputies, 321 (…)
Romania, Czech Republic seek stronger European energy market linksRomanian president Nicu?or Dan and Czech counterpart Petr Pavel met in Prague on Wednesday, September 30, to discuss the European energy market. According to the Romanian official, Europe has not yet managed to build a single energy market, leading to differing prices across the EU. ”Our (…)