Romanian state-owned power producer Hidroelectrica reported a fall of 35% in yearly net profit on Wednesday, citing lower electricity generation, sales volumes, and selling prices.
Romanian nuclear power projects backed by U.S. companies should not be affected by recent criticism from members of President Donald Trump's administration over a cancelled election, Romania's energy minister said.
BUCHAREST - Right-wing populists AUR, far-right party SOS and right-wing populist party POT filed a no-confidence motion against the government led by Social Democratic Prime Minister Marcel Ciolacu,
Paleontologists have unearthed two new sauropod dinosaur species from the Hațeg Basin in western Romania. Sauropods were massive, herbivorous dinosaurs known for their long necks and tails, four-legged build, and small heads.
The volume of wage remittances from Romania to other countries reached a record level of EUR 1.2 billion, according to Economica.net, which does not detail the source of the data. The National Bank of Romania’s Balance of Payments indicates EUR 464 million of wage remittances (+15% y/y) and
Romania’s acting president, Ilie Bolojan, held a phone conversation on Tuesday, February 25, with European Council president António Costa to discuss key issues on the European agenda, focusing on regional security and the EU’s continued support for Ukraine.
The Trump administration has pushed Romania to lift travel restrictions on Andrew Tate, the controversial influencer facing charges of rape and human trafficking, the Financial Times reported.
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