Category: Uncategorized

ANA Spa Collection by ANA Hotels hosted “The Art of Longevity,” one of Romania’s most significant events dedicated to preventive health, integrative wellness, and biohacking, featuring Gary Brecka and Nadia Comăneci as special guests. Held at the InterContinental Athénée Palace Bucharest, the event brought together leading medical and wellness professionals, business leaders, and guests interested…

Orange Romania has selected four new technology startups to join Orange Fab, its startup acceleration program designed to support companies with growth potential and international ambitions. The addition brings the total number of startups supported through the program to 58. The newly selected companies operate in areas including cybersecurity, advanced connectivity, drone technologies, and digital…

The latest figures published by Romania’s National Agency for Cadastre and Land Registration (ANCPI) for May 2026 send a positive signal for the residential real estate market and confirm the sustained level of activity in Bucharest. With 9,619 transactions recorded in a single month, Bucharest remains the most active real estate market in Romania and…

Automotive safety systems manufacturer Joyson Safety Systems has put its production facility in Ribița, Hunedoara county, up for sale as part of a broader consolidation of its Romanian operations. The sale process will be managed by real estate consultancy Cushman & Wakefield Echinox, which made the announcement. The decision comes as Joyson Safety Systems concentrates…

Turkish defense manufacturer Otokar completed the acquisition of a majority stake in Automecanica S.A. and its production facility in Mediaș, marking one of the largest foreign investments in Romania’s defense industry in recent years. The company said the move will support the local production of COBRA II armored vehicles ordered by the Romanian military. Otokar…

Romania’s national airline TAROM will name its newest Boeing 737 MAX aircraft after legendary football coach Mircea Lucescu. The carrier announced on Wednesday, June 3, as reported by Agerpres, that it had signed an agreement with the Lucescu family allowing the use of the coach’s name for the plane. Mircea Lucescu was one of Romania’s…

Four Italian Air Force Eurofighter Typhoon jets have arrived in Romania to support NATO’s air policing operations along the alliance’s eastern flank, the Ministry of Defense announced. The aircraft landed on Wednesday, June 3, at the 57th Air Base in Mihail Kogălniceanu, Constanța county. According to the Romanian ministry, the Italian detachment consists of approximately…

Political uncertainty and delayed reforms are weighing on investor confidence in Romania, with four out of 10 companies no longer planning investments and a growing number expecting economic stagnation over the medium term, according to AmCham Romania’s latest Business Climate Barometer. The survey, conducted between April and May among AmCham member companies, indicates a deterioration…

An EUR 196 million contract awarded by the intelligence services SRI to the private company Digi Communications (BVB: DIGI) under the EU-funded military endowment scheme SAFE prompted surprise when it was unveiled by the government as part of the broader set of contracts. The project, listed as a dual-use project (military and civil use), aims…

The European Commission said Romania has taken effective measures to address its excessive budget deficit, concluding that no further steps are currently required under the European Union’s Excessive Deficit Procedure (EDP).  The assessment was included in the EC’s 2026 European Semester Spring Package, adopted on June 3. The Commission reached similar conclusions for Austria, Belgium,…