Category: Uncategorized
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NATO to deploy Turkish anti-drone surveillance system in Poland, Romania
The North Atlantic Treaty Organization, or NATO, will begin deploying Turkey’s advanced MEROPS surveillance system in Poland and Romania to guard against drone incursions from Russia, Euractiv reported. The Multispectral Extended Range Optical Sight, or MEROPS air surveillance system, will be delivered to the two eastern front countries as Russia’s incursion into allied space increased…
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Bellemonde expands northern Bucharest development with new EUR 25 mln villa project
Bellemonde announced that it launched a new premium residential project in Pipera, northern Bucharest, adding 52 villas through an estimated investment of EUR 25 million. The development, called Bellemonde Privée, will include single-family homes, duplex villas, and townhouses, built on a 25,000 sqm plot across from the existing Bellemonde complex. About 65% of the total…
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Romania expresses solidarity with Estonia at UN Security Council meeting after Russian airspace incursion
Romanian foreign minister Oana Țoiu expressed solidarity with Estonia during the September 22 emergency meeting of the United Nations (UN) Security Council after the latter’s airspace was violated by three Russian fighter jets last week. On Friday, September 19, Russian jets entered and stayed in the airspace above the Gulf of Finland for 12 minutes,…
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Salaries in Romania range from EUR 800 to EUR 7,000 as labor market splits, study shows
Salaries in Romania this year show sharp contrasts, with international truck drivers earning up to EUR 3,000 (RON 15,000) a month while top executive roles in IT and finance can reach EUR 7,000 (RON 35,000), according to a labor market analysis published by HR firm Prohuman APT. Meanwhile, the average wages in many counties remain…
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Bucharest Exchange-listed DN Agrar, Europe’s largest milk producer, plans listing on main trading floor
DN Agrar (BVB: DN), the largest producer of cow’s milk in Europe, which owns five farms and a herd of 16,000 cattle in Romania, is preparing for the transfer from the secondary AeRO market to the main market of the Bucharest Stock Exchange, a process that could take place either in the fourth quarter of…
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Romanian loan marketplace 123Credit announces five-fold expansion and break-even in 2024
123Credit, the first marketplace in Romania dedicated to personal loans, auto loans, mortgages, and refinancing, developed by Omnia Capital, announced it intermediated RON 600 million (EUR 120 million) of loans in 2024, nearly five times more than in 2023, according to Profit.ro. It also reported a profit in its second year of operations. With 500,000…
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Bucharest may regulate use of electric scooters this year
The interim mayor of the capital, Stelian Bujduveanu, believes that the regulation on the use of electric scooters could be adopted by the end of the year. He told Radio Romania Actualități that he does not support banning them, but rather regulating their use, news agency Agerpres reported. “There are two components [of the regulations]:…
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Romanian minister of environment under attack from opposition
The leading opposition party in Romania, the Alliance for the Union of Romanians (AUR), filed a simple motion against the minister of environment, Diana Buzoianu (Save Romania Union, USR), accusing her of blocking the development of several hydropower projects, initiated during the communist regime and reconsidered by Hidroelectrica these days. Minister Buzoianu claimed that the…
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Over half of Romanians want all political parties replaced with new ones, survey finds
Just over half of Romanians (50.9%) would be willing to give their vote to a newly founded party in the upcoming elections, according to the Informat.ro – INSCOP Research Barometer, 3rd edition, conducted between September 1 and 9. The ratio rose from under 30% ten years ago, in 2015. At the same time, 55% of…
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Romania’s Defence Council summoned this week to address Russian drones threat
President Nicușor Dan has convened a meeting of the Supreme Council of National Defence (CSAT) for Thursday, September 25, to address the response to the intrusion of foreign drones in the national airspace, namely the objectives needing protection and the chain of command for shooting down such targets, according to a Presidency’s press release. Romania…