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Romania has signed a strategic framework agreement with the Israeli company Rafael Advanced Defense Systems for the acquisition of the SPYDER mobile air defense system, in a contract estimated at more than EUR 2 billion, one of the largest orders in the history of the Israeli manufacturer. The agreement aims to equip the Romanian Army…

Romania’s Supreme Council of National Defense (CSAT) approved the armed forces that may be deployed for missions and operations abroad in 2027, authorizing a total of 5,358 military personnel and civilians for potential participation. The decision was taken during a CSAT meeting chaired by president Nicușor Dan at the Cotroceni Palace on Monday, June 29.…

Banca Transilvania continues to hold the largest share of Romania’s banking market in terms of assets, accounting for 21.98% of the total banking system assets in 2025, according to a yearly report of the National Bank of Romania (BNR) quoted by Economica.net. It is followed by BCR with 13.81%, CEC Bank with 11.24%, and UniCredit…

Familia Safir Holding has completed the acquisition of the poultry production sites in Tătărăști and Parincea (Bacău county), as well as Simila–Zorleni (Vaslui county) in a deal valued at EUR 16.5 million, excluding VAT, according to a company announcement quoted by Economedia.ro.  The acquired assets include the land, poultry houses, buildings, installations, and equipment associated…

Romanian state-owned passenger railway company CFR Călători has completed the contracts awarded to Electroputere VFU Pașcani for the modernization of 42 passenger rail cars under an investment program financed through the National Recovery and Resilience Plan (PNRR). The contracts are worth more than EUR 67 million, including maintenance services, the company said, quoted by News.ro.…

Knauf Gips’ gypsum board plant in Huedin, in Cluj county, is expected to become operational by the end of 2027, the company said in an announcement quoted by Bursa.ro. The project is an investment of EUR 88 million. The facility’s foundations have been completed, the structural framework is 65% finished, and roof installation is currently underway,…

The National University of Arts (UNArte) in Bucharest is opening its Pinacotheca to the public beginning July 1. The opening is in line with a vision outlined since the founding of the educational institution 162 years ago, and is part of a wider project to expand and refurbish the UNArte headquarters. The Pinacotheca is housed…

Developer Alesonor and Fan Basketball Academy have partnered to develop and operate the sports facilities within Amber Forest Agora, the educational, sports, retail, and medical hub of Amber Forest suburb in Tunari. Construction works are underway at an nZEB-compliant sports facility covering approximately 1,000 sqm, alongside outdoor sports amenities including an approximately 800 sqm football…

Romania had approximately 72,000 healthcare facilities in 2025, over 2,000 more than in the previous year. Of these, 59,000 were located in urban areas and 13,000 in rural areas, according to data published on June 29 by the National Institute of Statistics (INS) and quoted by Agerpres. According to the same source, the healthcare network…

Telecommunications company Digi officially announced its intention to carry out an initial public offering for the listing of its Spanish subsidiary on the stock exchanges in Madrid, Barcelona, Bilbao, and Valencia in a press release published on Monday, June 29.  The offering will include newly issued shares worth approximately EUR 150 million, to which is…