Category: Uncategorized
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Romanian Air Force shoots down three drones in three consecutive days
A Romanian F-16 aircraft shot down a drone on Sunday, July 26. It was the third time that this happened in three consecutive days, after similar incidents on Friday, July 24, and Saturday, July 25. The drone was shot down at 10:13 AM, July 26, above Romania’s territorial waters, in the Sulina–Chilia area, according to…
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Anti-corruption prosecutors detain three directors of state-owned Romanian defense companies
Romania’s National Anticorruption Directorate (DNA) officially announced on Friday, July 24, that it has detained three directors from companies within Romania’s defense industry, all accused of taking bribes. The three are Mihai Rafiu (general manager of Uzina Mecanică București), Tiberiu Alexandru Pîrvu (general manager of Uzina Mecanică Plopeni), and Liliana Sorescu (commercial director of Uzina…
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Romanian director Alina Șerban’s debut film “I Matter” to premiere at Venice Film Festival
“I Matter” (“Eu contez”), the feature film debut of Romanian director Alina Șerban (in photo), will have its world premiere at the 83rd edition of the Venice International Film Festival, taking place from September 1-12. Written and directed by Alina Șerban, one of the few Roma female directors in the world, “I Matter” is a…
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Romanian manufacturer TeraPlast inaugurates polyethylene pipe factory in Spain
Romanian building materials manufacturer TeraPlast Group inaugurated its TeraPlast Iberia polyethylene pipe factory in Spain, strengthening its expansion into Western European markets. The facility, located near Bilbao, is expected to serve customers across Spain, France, and North Africa. The factory, inaugurated on July 23, is located in Okondo, in Spain’s Álava province, about 20 kilometers…
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Otokar starts deliveries of Romanian-built Cobra II armored vehicles
Turkish defense manufacturer Otokar has begun delivering Cobra II tactical armored vehicles manufactured locally to the Romanian Armed Forces, marking the start of serial production at its plant in Mediaș. More than 780 of the 1,059 vehicles ordered by Romania are scheduled to be built at the local facility over the next five years. The…
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Romania wins one gold, seven silver medals at first Central European Olympiad in AI
The Romanian delegation to the first Central European Olympiad in Artificial Intelligence (CEOAI), held in Cluj-Napoca between July 14-19, won one gold medal and seven silver medals, according to the Ministry of Education. The event represented a historic moment for the international AI community, bringing together more than 90 contestants from over 20 European countries,…
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Asia-born home improvement chain MR.DIY opens location at Bucharest’s Colosseum Mall
MR.DIY, one of the world’s leading home improvement and lifestyle retailers, announced the opening of a location at Bucharest’s Colosseum Mall on Thursday, July 23. Spanning over 800 sqm and developed following an investment of nearly half a million euros, the new MR.DIY store represents one of the most important openings within the retailer’s current…
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EUR 80 million refinancing for Bucharest underground telecommunications network operator Netcity
Meridiam and its partners have successfully closed the EUR 80 million refinancing of Netcity Telecom, the operator of Bucharest’s underground telecommunications network, the company announced. According to the company, the refinancing operation, led end-to-end by Meridiam, represents the first project finance bond issuance in the country, and establishes a new market record with tenors of up to…
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Romania to receive EUR 2.15 bln in NATO funding for fuel pipeline network expansion
President Nicușor Dan announced on Thursday, July 23, that following more than five years of negotiations, NATO approved the eastward expansion of its fuel pipeline network, a strategic result for Romania. The Alliance will fund the expansion with EUR 27 billion over the next 20 years, of which Romania will receive EUR 2.15 billion. The…
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English-first private members’ club Nookyard opens in Bucharest
Nookyard, an English-first daytime private members’ club targeting founders, freelancers, and creatives, has opened in Bucharest’s Armenian Quarter. The new club was launched with an initial investment of over EUR 20,000 and plans to expand through a network of locations in Bucharest and other Romanian cities. Nookyard officially opened on July 20 inside Mélange Café,…