Category: Uncategorized
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Ford Craiova plant produces one millionth Puma SUV
Ford Otosan’s plant in Craiova assembled the one millionth Ford Puma SUV on May 20, marking six and a half years since the start of series production of the model in Romania. The anniversary vehicle was a fully electric Puma Gen-E version, reflecting the factory’s transition towards zero-emission vehicle production. The Puma Gen-E was officially…
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Stihl to expand its EUR 125 mln battery factory in Romania “at right time”
German gardening equipment manufacturer Stihl plans to further expand its EUR 125 million factory in western Romania and develop the site into a European hub for battery production, Chairman of the Executive Board Michael Traub said on May 20 during the group’s annual financial results press conference. The company inaugurated the facility in Oradea in…
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Romanian president continues consultations for new ruling majority
President Nicușor Dan has consultations on Thursday, May 21, at Cotroceni Palace, on the country’s economic and political situation with parliamentarians from the United for Romania group, the PACE – Romania First group, and the unaffiliated, according to the Presidency. The groups, broadly including MPs split from far-right parties such as AUR, POT, and SOS…
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Dacia remains Romania’s most valuable brand in 2026, Banca Transilvania climbs to second place
Carmaker Dacia remains the most valuable Romanian brand in 2026, with its brand value rising 9% to EUR 1.2 billion, according to the latest Romania 50 ranking published by Brand Finance. The report marks the fourth consecutive year in which Dacia has led the ranking. Meanwhile, Banca Transilvania climbed to second place after its brand…
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NATO’s air defences “effective yet again,” says Mark Rutte after Romanian F-16 downs drone over Estonia
NATO secretary general Mark Rutte said the alliance’s air defenses “were effective yet again” after Romanian F-16 fighter jets participating in NATO’s Baltic Air Policing mission shot down a drone over Estonia this week. He added that the incident was another consequence of Russia’s war against Ukraine. Speaking ahead of a NATO foreign ministers’ meeting…
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Weekend calendar: Night of Museums, Dokstation, World Press Photo, Asia Food Fest, Shakespeare Festival in Craiova
From late-evening museum wanderings and documentary screenings to global photography and food discoveries, the weekend brings some of the season’s most awaited events. In Bucharest: Night of Museums May 23 More than 300 museums across 39 counties will open their doors for the event with exhibitions, guided tours and special events, most of them with…
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Romanian tech group AROBS reports 12% increase in net profit in Q1
AROBS Transilvania Software (BVB: AROBS), the largest entrepreneurial technology company listed on the Bucharest Stock Exchange, recorded revenues of RON 144 million in Q1 of 2026, up 20% compared to the same period last year, combined with an EBITDA of approximately RON 18 million (+3%), and a net profit of approximately RON 7 million, up…
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Romanian engineering group Simtel sees operating revenues increase 91% in Q1 2026
Simtel (BVB: SMTL), an engineering and technology group listed on the Main Market of the Bucharest Stock Exchange and a major name in the renewable energy sector, reported consolidated operating revenues of RON 152.4 million in the first quarter of 2026, up 91% compared to the same period last year. The increase was mainly supported…
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Romanian travel agency Christian Tour launches IPO on Bucharest Stock Exchange
Christian Tour, a major tourism brand and operator in the Romanian organized travel market, announced the launch of its initial public offering, which will take place between May 21 and 28. The company will list its shares on the Regulated Market of the Bucharest Stock Exchange under the stock ticker TRIP. The price range for…
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Guided tours, workshops and music planned at Bucharest’s Văcărești Natural Park anniversary event
A special event will be organized at the Văcărești Natural Park in Bucharest this Saturday, May 23, to mark 10 years since the protected urban area was established. The event, titled Zi-le de natură! – Fiesta biodiversității urbane, will include guided tours, workshops, sports activities, debates, and concerts. The organizers said the all-day event will…