Nuclearelectrica Seeks Shareholder Approval For EUR800M Loan From EIB To Refurbish Cernavoda Unit 1The Board of Directors of state-owned company Nuclearelectrica (stock symbol: SNN), the operator of the Cernavoda nuclear power plant, on October 6 added the approval of an EUR800 million European Investment Bank (EIB) loan for the refurbishment of Unit 1 of the Cernavoda Nuclear Power Plant to (…)
Transilvania Investments Alliance Sells Majority Stakes In Indepedenta Sibiu And Mecanica CodleaAlternative investment fund Transilvania Investments Alliance (TRANSI.RO) has notified the Bucharest Stock Exchange of having concluded a contract to sell its majority stakes in Independenta Sibiu (INTA.RO) and Mecanica Codlea (MEOY.RO) to Transilvania Constructii, a buyer not affiliated with (…)
Roughly 95% of Romanians would use RO Wallet, Interior Ministry survey saysA survey conducted by the Romanian Ministry of Internal Affairs showed that 95% of the Romanians surveyed would use RO Wallet, Romania’s digital identity wallet, according to an official press release released on Tuesday, October 6. The survey was conducted between September 13 and 27, 2026, (…)
Romanian prosecutors charge Ia?i mayor over alleged fictitious fuel oil purchaseIa?i mayor Mihai Chirica has been formally charged with abuse of office in a case concerning missing fuel oil from the city’s heating company storage facilities, the National Anticorruption Directorate (DNA) announced. Nine other officials from Ia?i City Hall are also under investigation for (…)
World Bank Expects Romania's Economy To Shrink By 0.5% In 2026The World Bank expects Romania's gross domestic product (GDP) to contract by 0.5% in 2026 as fiscal consolidation and higher energy costs weigh on domestic demand, as per the Bank’s latest Europe and Central Asia Economic Update, Making AI Work: Jobs, Firms, and Productivity published on (…)
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