Tag: European Commission (19 articles)

Economy   |   21 May, 2026 at 4:00 PM

EC slashes Romania's growth forecast to 0.1%

The European Commission has significantly reduced its estimates for Romanian economic growth this year to 0.1%, down from 1.1% estimated in autumn, while the inflation rate is expected to reach 7%, compared to the previously announced level below 6%, according to spring economic forecasts published Thursday.

Energy   |   16 April, 2026 at 6:49 PM

EC probes Romanian nuclear plant aid package

The European Commission has opened an in-depth investigation into Romania's planned state support for refurbishing the Cernavoda 1 nuclear reactor, questioning whether the €3.2 billion aid package complies with EU state aid rules.

Agriculture   |   6 January, 2026 at 3:33 PM

Romania receives €989 million EU farm fund reimbursement

Romania received earlier this week €988.7 million from the European Agricultural Guarantee Fund (EAGF), representing reimbursement for advance payments made to farmers between 16 October and 30 November 2025, the Ministry of Agriculture and Rural Development announced.

Energy   |   19 September, 2025 at 7:36 PM

Hidroelectrica CEO, CFO resign

Karoly Borbely, Chairman of the Management Board and CEO, and Marian Fetiţa, Member of the Management Board and CFO, have mutually agreed to exit Hidroelectrica.

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Industry

Deloitte names new leader for its tech hub in Romania

Deloitte Technology Delivery Center announces the appointment of Emilia Dumitrescu as Managing Director, effective June 2026. She has also been promoted to Deloitte Partner and succeeds Marcus Williamson, Partner, Deloitte UK, upon the completion of his three-and-a-half-year mandate.