Category: Uncategorized

Romania’s intelligence service SRI said on June 5 that the EUR 196 million contract awarded to Digi Romania for the development of an integrated large language model (LLM) cybersecurity platform was carried out in accordance with the procedures established under the EU’s Security Action for Europe (SAFE) instrument and national legislation. The clarification came a…

Romania’s competition body, following an investigation initiated at the end of 2022, concluded that ten banks breached the competition regulations and the Treaty of Functioning of the European Union (TFEU) by exchanging information with the final aim of coordinating their actions and manipulating the interbank interest rate indices ROBOR used for the calculation of variable…

Romania moved closer to receiving EUR 2.62 billion under the fourth payment request of its National Recovery and Resilience Plan (PNRR) after the European Union’s Economic and Financial Committee endorsed the European Commission’s positive assessment, the Finance Ministry announced on June 5. The disbursement still requires approval through the final comitology procedure within the Recovery…

Construction of the Mintia gas-fired power plant in western Romania, supposed to deliver 1.7 GW in a fist stage, has reached 83% completion after investments exceeding EUR 1.2 billion, according to the government, following a visit by interim prime minister Ilie Bolojan to the site. The generation capacity comes at a time when supply constraints…

Prime minister-designate Eugen Tomac is set to begin consultations with Romania’s parliamentary parties on Monday, June 8, as he seeks backing for the technocratic government he plans to present to Parliament. The talks come after president Nicușor Dan nominated the MEP and presidential adviser to form a new cabinet following the collapse of the previous…

Romania’s longest-running blood donation initiative, Blood Network, has returned for its 12th edition, with organizers offering free one-day tickets to UNTOLD 2026 for people who donate blood through the campaign. Since its launch in 2015, the initiative has helped save more than 70,000 lives with the support of over 23,000 donors across the country. The…

Ukraine has officially announced that it lost control of a naval drone after it was disrupted by Russian electronic warfare systems, causing it to drift toward Romania’s Black Sea coast. The Ukrainian Navy said it provided Romanian naval authorities with the necessary information to prevent civilian casualties. In a statement published on Facebook, the Ukrainian…

The family living in the apartment in Galați that was devastated following the crash and explosion of a Russian drone will receive a new apartment from Romina Gingașu, the wife of Italian billionaire Piero Ferrari, according to Galați mayor Ionuț Pucheanu. The Russian drone crashed into an apartment building in Galați on the night of…

Investimental, a major broker on the Romanian market, said in a report released this week that local investors can participate in the anticipated listings of SpaceX, Anthropic, and OpenAI from the first day of trading.  The IPOs of leading AI companies Anthropic and OpenAI, along with American spaceflight, telecommunications, and artificial intelligence company SpaceX, are…

Romanian GDP stagnated in the first quarter of 2026 compared with the last three months of the previous year and fell by 1.1% compared with the same period in 2025, according to provisional data published on Friday, June 5, by the National Institute of Statistics (INS).  According to INS, the seasonally adjusted Gross Domestic Product was…