Read the latest news from regional and global sources, presenting different voices and perspectives.
OILING THE WHEELS OF TRADE How Russia Sidesteps Sanctions to Sustain Critical Oil and Gas Revenue
Europe Diplomatic Magazine
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July 3, 2025
The SCF Turgut oil tanker owned by Sovcomflot, a Russian state-owned shipping company © Sovcomflot We merrily pump it into the fuel tanks of our vehicles without really giving a thought to where it comes from. We should, perhaps, stop and think....
Siemens Completes Acquisition of ebm-papst’s Industrial Drive Technology Business
Automation.com
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July 3, 2025
July 3, 2025 - Siemens closed its acquisition of ebm-papst's Industrial Drive Technology (IDT) division. IDT has about 650 employees in Germany (St. Georgen and Lauf an der Pegnitz) and one in Romania (Oradea). Its portfolio includes intelligent,...
Ukraine Gets Higher Quotas For Some Agricultural Exports In Preliminary Trade Deal With EU
Radio Free Europe - Radio Liberty
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July 3, 2025
The European Commission and Kyiv have struck a preliminary deal that should allow more Ukrainian agricultural exports into the European Union. The agreement represents a compromise between two trade regimes. One of them is the total trade...
Romanian Far-Right Politician Călin Georgescu Charged with Fascist Propaganda
Mezha
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July 3, 2025
On July 2, 2025, the Romanian prosecutor’s office sent the case of former presidential candidate and far-right politician Călin Georgescu to court. He is accused of promoting fascist and racist ideas, as well as glorifying individuals involved in...
Restoration of Saracoglu Inn Moves Forward with Bulgarian-Romanian Cooperation
Bulgarian News Agency
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Bulgaria and Romania are preparing a memorandum of cooperation for the restoration of the Saracoglu Inn, Deputy Culture Minister Ashot Kazaryan said in an interview with BTA on Thursday. The financial framework is yet to be agreed, while Romanian...
Romania’s Meze Audio Launches New 105 Silva Open-Back Headphones
Forbes
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Meze Audio recently announced a new pair of high-end and open-back headphones. The new 105 Silva ... More headphone are due to go on sale on July 23, 2025.Meze Audio Romanian headphone brand Meze Audio has an enviable reputation for making...
Romanian president, prime minister mark the United States’ Independence Day during reception
Romania Insider
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July 3, 2025
Romanian president Nicușor Dan, along with prime minister Ilie Bolojan and other officials, participated at a reception on Wednesday, July 2, to mark the US Independence Day. During the reception, they underlined the importance of the relationship...
Romania steps into the big league of fintech - Best Credit IFN becomes the first Romanian NBFI to partner with Bondster
Romania Insider
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July 3, 2025
Best Credit IFN announces the strategic partnership with the European crowdfunding platform Bondster, becoming the first Romanian non-banking financial institution (NBFI) to attract international capital through this platform. This initial round...
Romania’s tax collector ANAF sees revenues up 12% in first half of 2025
Romania Insider
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July 3, 2025
The net revenues collected by Romania’s tax agency ANAF for the state budget increased by 12.2% in the first six months of 2025 compared to the same period last year, reaching RON 245.2 billion (EUR 49 billion), said outgoing ANAF president...
Great success for Italian entrepreneurs mission in Bucharest
ANSA
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July 3, 2025
The business mission of the delegation composed of 42 Italian companies in the infrastructure sector, accompanied by trade associations, was successfully held in Romania: institutional and B2B meetings in Bucharest from July 1-3, 2025. The mission...
Romanian Prime Minister Meets Trade Unions to Discuss Budget Deficit Reduction Measures
Bulgarian News Agency
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Romanian Prime Minister Ilie Bolojan met with the country’s five largest trade union organizations to discuss the government’s proposed measures to reduce the budget deficit. The talks lasted an hour and a half and took place at the government...
Metso invests in new screen manufacturing centre in Romania
Rock to Road
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July 3, 2025
Metso, a sustainable technology and solutions company for aggregates and mineral processing, is expanding its stationary screen production footprint by establishing a new manufacturing centre in Oradea, Romania. This investment will support the...
The NBM Governor Anca Dragu Leads Moldova’s Delegation at the IMF and World Bank Constituency Meeting in Luxembourg
MoldovaLive
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July 3, 2025
Anca Dragu, Governor of the National Bank of Moldova (NBM), is heading the official Moldovan delegation at the high-level meeting of the International Monetary Fund (IMF) and World Bank Group (WBG) Constituency, taking place from July 2 to 4,...
Business : Pluxee Posts Solid Q3 Organic Growth, Reaffirms Full-Year Outlook
Bernama
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July 3, 2025
KUALA LUMPUR, July 3 (Bernama) -- Pluxee reported an 11.1 per cent organic increase in revenue to 310 million euros for the third quarter of fiscal year 2025 (Q3 FY2025), supported by continued demand for employee benefits, keeping the group on...
On the Edge: Romania Urgently Moves to Prevent Bankruptcy with Tough Fiscal Measures
Novinite
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Romania is facing a severe financial crisis, with the government warning it risks running out of funds to cover pensions and salaries. Prime Minister Ilie Bolojan described the situation as critical, stating that without immediate and stringent...
Survey: Romanians place highest trust in Army and Church, while Parliament ranks last
Romania Insider
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July 3, 2025
Romanians continue to place the most trust in the Army and the Church, while Parliament remains the least trusted institution, according to the second edition of the Informat.ro – INSCOP Research Barometer conducted between June 20–26. The monthly...
Two new investment funds active in Romania receive financing through EU-backed PNRR
Romania Insider
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July 3, 2025
Two new investment funds active in Romania, Sparking Capital II and PCP SEE II, will receive allocations worth EUR 30 million under the National Recovery and Resilience Plan, or PNRR, after an approval from the Romanian executive and the European...
Employee benefits company Pluxee to acquire MyBenefits in Romania
Romania Insider
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July 3, 2025
Pluxee, a global player in employee benefits and engagement, announced the signing of an agreement to acquire MyBenefits, a fast-growing Romanian company that has developed innovative technology to provide a flexible offering of employee benefits....
Southwestern Romania: OMV Petrom discovers new natural gas deposit near Craiova
Romania Insider
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July 3, 2025
OMV Petrom, the largest integrated energy company in Southeastern Europe, announced Thursday, July 3, the discovery of a new natural gas reservoir in Spineni, a locality situated about 70 kilometers northeast of Craiova, southwestern Romania. The...
Sales of Romanian car brand Dacia in France increase despite a trying market
Romania Insider
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July 3, 2025
Dacia car sales in France, the Romanian brand’s largest market, increased again in June despite a declining overall market, bringing the brand's total volume in the country to over two million vehicles sold. This year, Dacia increased its market...