Ilie Bolojan appointed prime minister of Romania after coalition agreemen

BUCHAREST, June 20 (Xinhua) -- Romanian President Nicusor Dan on Friday appointed Senate President Ilie Bolojan as the country's new prime minister, following weeks of coalition negotiations among major political parties. "I appoint Mr. Ilie …

Ilie Bolojan was elected Prime Minister of Romania

The interim leader of Romania's National Liberal Party (PNL), Ilie Bolojan, has been elected prime minister of the country. He was nominated by the newly elected president, Nicușor Dăncilă. On June 19, the head of state held consultations with the …

Romania's TAROM sells fuel company, wet-leases A320

TAROM (RO, Bucharest Henri Coanda) has sold its 50% stake in Romanian Fuelling Services S.R.L to Air bp. The sale was conducted in line with TAROM's restructuring strategy that stipulates divestment from the carrier's non-core businesses. The …

Urgent: Ilie Bolojan appointed PM in Romania

Romania's CFA economic confidence index recovers after presidential elections  

Romania's economic sentiment rebounded sharply in May following the presidential election victory of pro-Western candidate Nicușor Dan, according to data published by the CFA Romania Society on June 19. The recovery comes after a significant decline in …

Romania’s April net wages herald end of high-growth period

Romania’s average net wage, which has posted annual growth rates for nearly two years, advanced by only 3.5% y/y in CFI deflated terms - the lowest growth rate since April 2023, according to data published by the statistics office INS. In nominal terms …

Romania’s Sphera Franchise opens chocolate & ice cream café in Italy

Sphera Franchise Group, the largest food service group in Romania, has opened its first Cioccolatitaliani store in the seaside resort of Riccione, in Italy’s Rimini tourist area.  This marks the official launch of Sphera Group’s development plan for the …

Political and fiscal normalization in Romania delayed by president's resistance to VAT rate hike

Romania's efforts to stabilize its fiscal position and finalize a new ruling coalition have been delayed after president Nicușor Dan rejected a proposed VAT rate increase central to a budgetary corrective package agreed by the four pro-Western parties, …

Grampet Group presents DMU train entirely made in Romania

Electroputere VFU Pașcani, part of the group of private railway companies Grampet, presented on June 19 the diesel multiple unit (DMU) named Leon. The train, designed and made by Electroputere VFU Paşcani, is the first DMU entirely made in Romania in the …

Western Romania: 2,000-year-old Sarmatian necropolis discovered in Timișoara

A Sarmatian necropolis nearly 2,000 years old was discovered after archaeological excavations were carried out at the Mehala II site in the municipality of Timișoara, in western Romania. Researchers discovered 15 inhumation graves, most arranged in …