Brâncuși’s Danaïde Sells for USD 107.6 Million in New York, Setting New Auction Record
Constantin Brâncuși’s Danaïde sold for USD 107.6 million at Christie’s in New York, setting a new auction record for the Romanian-born sculptor and placing one...
Category : International Business
The IMF Just Delivered Some Very Bad News for Romania
The International Monetary Fund does not dramatise. It publishes numbers. And the numbers in its April 2026 World Economic Outlook for Romania are, by any...
Romania Acquires Operator of Moldova’s Giurgiulești Free Port
Romania is moving to anchor its influence over one of Moldova’s most strategic logistics assets after the National Company for Maritime Ports Administration SA Constanța...
Romanian Energy Storage Company Joins Global Energy Elite
Prime Batteries Technology, a leading Romanian battery manufacturer, has achieved a major milestone by securing a spot in BloombergNEF’s prestigious Tier 1 list of top...
How EU – Mercosur Deal Affects Romania
After more than 25 years of negotiations, the European Union has provisionally greenlit the EU-Mercosur trade package, paving the way for signature and setting up...
World Association of Detectives Celebrates 100 Years with Historic Conference in Chicago
The World Association of Detectives (WAD), the world’s longest-standing international association of professional investigators and security service providers, celebrates its 100th anniversary with a landmark...
Fitch Maintains Romania’s Investment-Grade Rating at BBB- with Negative Outlook
Fitch Ratings confirmed Romania’s sovereign credit rating at “BBB-” with a Negative Outlook on August 15, 2025. This means Romania remains just inside the investment-grade...
T2Y Capital Invests in Prime Batteries, Romania’s Energy Storage Leader
• T2Y Capital becomes the second-largest shareholder in Prime Batteries Energy Holding S.r.l.• Strategic partnership accelerates European expansion of Prime Batteries’ high-growth battery business• Investment...
S&P Maintains Romania’s Credit Rating, But Risks Linger
Romania has narrowly avoided a downgrade to “junk” status after S&P Global Ratings reaffirmed the country’s investment-grade rating at ‘BBB-‘, while maintaining a “negative outlook.”...
Arizona To Open Economic Centre in Bucharest
In a decisive diplomatic and strategic step, the United States has selected Bucharest as the site of its new regional centre, a choice that elevates...
