George Simion, Nicușor Dan to compete in Romania's presidential final

Business Forum
George Simion, the President of the Alliance for the Union of Romanians (AUR), and independent candidate Nicușor Dan, Mayor of Bucharest, have emerged as winners in the first round of Romania's presidential elections, which had a turnout of 53.21%.

Simion won 41% of the votes (3.86 million votes), while Dan came second with 21% (1.97 million votes), according to the Permanent Electoral Authority (AEP). Crin Antonescu, the candidate of the ruling government coalition PSD-PNL-UDMR, was third with 20.1% (1.89 million votes). He was trailed by former PM Victor Ponta, who got 13% (1.23 million votes) as an independent candidate.

Close to 1 million votes were cast by Romanians abroad.

"We stand with and for the people. And these people are the young individuals who choose to stay and fight for their country. They must be at the core of our existence; we must build a better future for them," said Simion in a recorded video following the closing of polls.

"The second round is set to be a difficult one against the isolationist candidate. This won't be a debate between individuals; it will be a debate between a pro-Western direction for Romania and an anti-Western one. That's what the second round will be about," said Dan.

The next round of elections will be held on May 18.

RECOMMENDED
North Bucharest Investments adds VIVO Residence to its portfolio
Real estate

North Bucharest Investments adds VIVO Residence to its portfolio

North Bucharest Investments (NBI) continues to develop one of Romania's residential ecosystems by integrating VIVO Residence into its portfolio of partner developments. The partnership strengthens NBI's position as a company specialising in residential and investment real estate, bringing together consultancy, technology, marketing, and access to residential opportunities in northern Bucharest within a single ecosystem.

Bucharest ranks among Europes cheapest logistics markets
Real estate

Bucharest ranks among Europe's cheapest logistics markets

Romania's logistics and industrial market remains one of the most competitive in Europe in terms of occupancy costs. With an average prime industrial rent of €4.8/sqm/month, Bucharest ranks as the fourth most affordable market among the European locations analysed, at a time when companies worldwide are restructuring their supply chains in response to geopolitical uncertainty and rising operating costs. These findings are highlighted in "Waypoint: Global Industrial Dynamics 2026", a report by Cushman & Wakefield that examines trends across 135 industrial and logistics markets worldwide.

€20 million Bucharest resi project enters advanced construction stage
Real estate

€20 million Bucharest resi project enters advanced construction stage

Palladyo, a residential project located on Theodor Pallady Boulevard, has completed its structural framework, entering an advanced construction stage. The total investment is estimated at €20 million. The project is developed by Mulberry, a company founded by Oleksandr Sobko and active in markets including Lithuania, Romania, the United Kingdom and Cyprus. Palladyo includes 130 residential units, from studios to four-room duplexes, two ground-floor commercial spaces, shared terraces and 134 parking spaces, of which 75 are underground and 59 above ground.

Ion Iliescu, ex-Romanian President, dies at 95
Economy

Ion Iliescu, ex-Romanian President, dies at 95

The Government has announced the death of former Romanian President Ion Iliescu. The former Head of State passed away on August 5 at the "Prof. Dr. Agrippa Ionescu" Clinical Emergency Hospital.

RECOMMENDED FROM THE HOME PAGE
Electrica secures grid permits for 700 MWh of storage
Energy

Electrica secures grid permits for 700 MWh of storage

Energy company Electrica informs investors and the capital market that it has obtained the technical grid connection permits (ATR) for 17 new battery energy storage projects (BESS), with a total capacity of approximately 700 MWh.

Energy

Romanian grid operator to support peak power consumption during heatwave

Romania's national electricity transmission network operator, Transelectrica, has halted scheduled maintenance shutdowns to ensure the grid operates at maximum capacity during an ongoing extreme heatwave. The preventive measures aim to mitigate operational risks associated with severe weather conditions.