Romania
Romania's Electrica seeks shareholder approval to borrow €1bn for acquisitions
State-controlled electricity utility group is eyeing acquisitions including Distribuție Energie Oltenia, currently owned by Macquarie.
Romania’s manufacturing PMI reaches 15-month high in September
Latest PMI reading follows a period of gradual recovery in Romania’s industrial sector.
Econergy acquires full ownership of Romania’s largest solar power plant
After taking over the 155 MWp Rătești PV plant, Israel's Ecoenergy plans to add a 120 MW BESS facility.
.jpg)
EU presses ahead with December signing of divisive Mercosur deal
The European Commission is gearing up to sign its contentious trade agreement with South American bloc Mercosur on December 5 in Brazil, possibly sealing the fate of an accord that has languished in negotiations for more than a quarter-century.
EBRD warns CEE competitiveness at risk as China’s export power grows
China's exports have become more similar to those from Central Europe and Turkey, as its share in global manufacturing exports surges.
Romanian cold cuts producer Cris-Tim confirms Bucharest IPO plans
Cris-Tim Family Holding is one of the largest meat processors and ready meal producers in Romania.
"Managed democracy" wins the Moldovan elections
It appears that the ruling Party of Action and Solidarity (PAS) has won the general election in Moldova on September 28, but President Maia Sandu has taken a page out of the Kremlin's “managed democracy" playbook.
Serbia arrests two suspected trainers of Moldovan election disrupters
Pair arrested on suspicion of training Moldovan and Romanian citizens to carry out unrest during Moldova’s September 28 general election.
European diplomats warn Kremlin that Nato is prepared to shoot planes over its airspace
European diplomats warned the Kremlin that Nato is prepared to shoot down any Russian fighter jets that violate their airspace, as military tensions between the EU and Russia continue to mount.
Romania sets rules for response to unauthorised aircraft, destruction a last resort
Procedures drawn up after multiple Russian incursions into airspace of Romania and other Nato Eastern Flank countries.
Poland building a drone wall to protect Europe
Poland will lead an effort to build a “drone wall” to block Europe’s airspace to swarms of Russian UAVs should a pan-regional war ever break out.
COMMENT: Trump is preparing a “back door” plan to blame EU for Ukraine’s failure - FT
European officials fear that US President Donald Trump’s dramatic U-turn on Ukraine is a back door plan to shift responsibility for the West’s failure to prevent Ukraine’s defeat in its war with Russia or help it recover afterwards.
EBRD says geopolitics, tariffs and China competition weigh on Emerging Europe growth
Development bank downgrades 2025 forecasts for Central and Eastern Europe citing weak external demand, rising debt and the impact of US tariffs.
EU launches red-tape cutting reforms seeking to make Europe competitive again
Brussels will start cutting red tape with the so-called omnibus legislation this autumn as it sets out to make Europe competitive again, Politico reported on September 17.
Flydubai launches Romania's second route with inaugural Iași service
Flydubai becomes the first UAE carrier to serve Iași with twice-weekly flights from Dubai, expanding its Romanian network alongside triple daily Bucharest service.
Greenpeace says Ikea suppliers driving destruction of Romania’s ancient forests
Illegal logging is a "systemic problem in forest governance and timber markets" in the region, Greenpeace's head of biodiversity tells bne IntelliNews.
Romania’s macroeconomic confidence index rises after rating outlook affirmed
Boost in confidence follows affirmations of Romania's sovereign rating by Fitch Ratings and Moody’s Investors Service, after the government advanced its first package of fiscal measures in July.
EU finance ministers discuss Ukraine's Reparations Loan but no decision yet
EU finance ministers met in Copenhagen on September 20 to discuss tapping the cash pile of frozen Central Bank of Russia (CBR) money and using it to make a large Reparation Loans to Ukraine, but no final decision has been reached.
COMMENT: Russian drone and jet incursions highlight shortcomings in Nato’s multilayered air defence system
A spate of Russian drone incursions has stress-tested Nato’s air defences. On September 10, nineteen Russian drones violated Poland’s airspace — the alliance’s worst such breach in more than seventy-five years.
EU passes nineteenth sanctions package, accelerates LNG phase out
The European Commission has published proposals for a 19th sanctions package against Russia that would tighten curbs on energy trade and payments, with new measures aimed at oil refineries, oil traders and petrochemical companies in third countries.