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Romania has secured real-time access to the American Counter-UAS Marketplace, becoming only the second country in the world to do so after the United Kingdom, defense minister Radu Miruțǎ announced. The move follows a new cooperation agreement signed between Romanian and American officials. Minister Miruțǎ and Daniel P. Driscoll, the US Secretary of the Army,…

In 2024, road accidents claimed the lives of 19,934 people in the EU, a decrease of 2.2% from 2023 and the second consecutive year of decline in the number of deaths, Eurostat announced on Monday, April 27. Romania had the highest rates of traffic deaths per million inhabitants, a title it has maintained over the…

Beyond Earth: Inside the COLUMBUS Student Team That Designed a Future Among the Stars After months of research, design, and collaboration, the ISB NASA Club’s COLUMBUS team achieved international recognition, earning an Honourable Mention in the NASA Space Settlement Contest, organized by the National Space Society (NSS). Competing against nearly 29,000 students from 31 countries,…

The Board of Directors of the manufacturer of electrical equipment and solutions for energy infrastructure, Electro-Alfa International (BVB: EAI), has summoned shareholders to the balance sheet meeting, scheduled for May 29, with the proposal to allocate the amount of RON 39.6 million as dividends, from the retained profit for the years 2023 and 2024, according…

After already distributing almost the entire RON 3.4 billion (EUR 666 million) profit achieved last year, Romanian state-controlled hydropower group Hidroelectrica (BVB: H2O) summoned its shareholders on May 29 to approve a special dividend in amount of RON 1 billion (EUR 200 million) funded from its own retained earnings account. The supplementary dividend would bring…

A number of 31 electricity storage facilities with a delivery/charging power of 599 MW and a storage capacity of 1,130 MWh were operational in Romania at the end of March, according to data provided by Transelectrica and quoted by Economica.net. Half of it is operated by the largest two such installations. The latest installation that…

In the first two months of the year, 353.5 thousand tonnes of milk from domestic production and imports were processed by Romanian dairies, 49.6% more than in the same period last year, according to Economica.net, citing data from the statistics office INS. While the domestic consumption, including dairy products, is shrinking, the exports are expanding.…

State-owned flag carrier Tarom “will not be closed down,” since Romania has an agreement with the European Commission under which the company must receive another RON 65 million out of the state aid approved, former minister of transport and infrastructure, Ciprian Șerban, stated in his last press conference before leaving government on April 27, as…

The Petrotel refinery owned by Russian group Lukoil should start operating because “a letter was received from the American authorities,” which had to be compliant in terms of criteria, former energy minister Bogdan Ivan said on Monday, April 27, Agerpres reported. Lukoil’s Petrotel refinery came earlier this year under sanctions by the US Department of…

Local councilors in Iasi unanimously approved the ”No Slot Machines” project during an extraordinary meeting, which took place on Monday, April 27, thus banning slot machine gambling within the municipality. Iasi becomes the latest of Romanian municipalities to join the group of gambling-free localities, after the central government has decentralised the decision on this matter.…