Romania must reclaim prize energy assets from foreign investors, presidential favorite says

Simion's electoral gambit is to tap into anger among Romanians about the privatization of key industries after the fall of Communism. Many complain that the crown jewels across the country's economy were sold off too cheaply to businesses connected …

Romania’s Simion wants a broad coalition. Good luck with that.

Although they are part of a parliamentary majority, the PSD and PNL again performed badly in the presidential rerun and have failed to make it to Sunday’s second round. Instead, Simion from the hard-right Alliance for the Union of Romanians (AUR) will face …

EC reportedly considers suspending funds for Romania in case of political slippage

The European Commission could trigger the formal procedure of temporarily suspending European funds for Romania, including money from the Resilience Facility, in June, according to sources consulted by G4media.ro. The procedure would be triggered by …

Romania braces for crossroads presidential runoff viewed as a choice between East or West

Romania is gripped by a deep political crisis after a top court voided the previous election in which the far-right outsider Calin Georgescu topped the first round, following allegations of electoral violations and Russian interference, which Moscow has …

The oil refinery at the heart of Romania’s legal battle

Following Romania’s decision to appeal the award, we look at the background to the case and how Romania ended up owing €85M plus interest. In Eastern Romania, on the outskirts of a small town not far from Bacău, stands an oil refinery which is at the heart …

Romania faces major political changes with pivotal presidential elections

The presidential elections in Romania on May 18 may mark the most important political change since the fall of communism in 1989, with two scenarios radically different: a thorough radical political reform of mainstream parties, complicated by tight …

Romania at a Crossroads Between Moscow, Washington, and Europe

For the first time in post-communist Romanian history, both candidates advancing to the presidential runoff originate from opposition ranks. Neither represents the country's largest political party - the Social Democratic Party (successor to the …

Hackers linked to Russia’s GRU have targeted defense companies in Bulgaria and Romania

Hackers linked to Russia’s GRU have targeted defense companies in Bulgaria and Romania as part of a large-scale espionage campaign aimed at gathering information related to the war in Ukraine, according to researchers from cybersecurity firm ESET, who …

Establishing a Business Entity in Romania (Updated)

1. Types of Business Entities - When entering the Romanian market, foreign investors have the option of incorporating a new legal entity with a Romanian legal personality, or setting up a unit of a foreign mother company, which will not have a Romanian …

Romania braces for crossroads presidential runoff viewed as a choice between East or West