Category: Uncategorized
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President Nicușor Dan meets US companies “still interested” in investing in Romania
President Nicușor Dan met this week with executives of major US companies operating in Romania, who signalled continued interest in expanding investments, the head of state said in a social media post. The meeting brought together representatives of leading American firms under the umbrella of the American Chamber of Commerce in Romania (AmCham). “Yesterday I…
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Romania to place Lukoil’s local assets under extended state supervision
The Ministry of Energy recommended placing the entities owned in Romania by the Lukoil group under an extended state supervision regime, based on an emergency ordinance passed on December 2, allowing the state to establish such a regime for companies under international sanctions. The ministry proposed Bugheanu Ion-Bogdan as supervisor, according to a draft decision…
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Regional AI Valley: Business communities from Romania, Moldova, and Ukraine host AI & big data event in Bucharest
AmCham Romania, AmCham Moldova, and AmCham Ukraine, and IT industry organizations ANIS Romania, ATIC Moldova, and IT Ukraine will host in Bucharest the third edition of an event dedicated to AI & big data solutions. AI & Big Data Conference – Regional AI Valley, scheduled to take place on March 6, is meant as “a…
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Carrefour announces sale of Romanian operations to local group Pavǎl Holding
Retail giant Carrefour announced on Thursday, February 12, that it entered into exclusive negotiations with local group Pavăl Holding (owners of Dedeman) for the sale of all its operations in Romania. The transaction is based on an enterprise value of EUR 823 million. The move, the company said, is part of Carrefour’s strategic portfolio review…
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February in Bucharest: Dragobete and Mărțișor fairs, love on screen, concerts
The remaining weeks of the briefest month of the year bring events dedicated to the local celebration of love, Dragobete, opportunities to pick the right mărțișore to gift on March 1, and love-themed music and film events. Celebrate Dragobete The Dimitrie Gusti Village Museum hosts every year a fair marking Dragobete, the Romanian celebration of…
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Romanian Hidroelectrica’s output shrinks by another 15% in 2025, well below multi-annual average
The net electricity production of Romania’s state-controlled Hidroelectrica (BVB: H2O) fell by 15% in 2025 to 11,847 GWh, compared to 13,864 GWh in the previous year, the company announced on February 11. Net hydro production also decreased by 15% to 11,585 GWh, while energy from wind sources fell by 9% to 262 GWh. Hidroelectrica’s energy…
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South Korea’s Hanwha Aerospace begins construction of armored vehicle factory in Romania
Hanwha Aerospace, the largest South Korean defence manufacturer, has begun construction of a factory with an area of approximately 180,000 square meters for the construction of armoured vehicles in southern Romania at Petrești, Dâmbovița County. The South Korean company will begin in 2027 the delivery of howitzers and support vehicles under a contract signed with…
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Transport minister says Romania in talks with Hyundai for local H2-powered train production
Transport minister Ciprian Serban, after meeting Hyundai Rotem CEO Yong Bae Lee, announced Project Dacia – a broad proposal aimed at localising rolling stock production in Romania, developing hydrogen trains, defining the stages for a future high-speed railway, and using solid export credit financing mechanisms. Hyundai Rotem is a Hyundai Motor division that has already…
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Romanian Parliament to light up in Ukrainian colors to mark four years since Russia’s invasion
The Palace of Parliament in Bucharest will be illuminated in the blue and yellow colors of the Ukrainian flag on February 24 to mark four years since the start of Russia’s invasion of the neighboring country, Agerpres reported. Lawmakers will also hold a moment of silence during the February 23 plenary session to commemorate Ukrainians…
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Weekend calendar: Il Cinema Ritrovato on Tour, tourism fair, concerts, exhibitions
Classic Italian cinema and a Tarantino retrospective are part of the weekend’s offer in Bucharest, where the exhibition focused on the traditional Romanian blouse ia has been extended. In Bucharest: Il Cinema Ritrovato on Tour Until February 15 The spinoff of the Bologna festival dedicated to classic and archival film holds another edition in Bucharest.…