Category: Uncategorized

Romania has signed a landmark agreement with German defense group Rheinmetall to build a EUR 535 million gunpowder plant that officials say will be the most advanced facility of its kind worldwide, the Economy Ministry announced. The project is seen as a strategic step in strengthening Europe’s defense industry at a time of heightened security…

Concerts, exhibitions, and outdoor film screenings are part of the weekend offer in the capital, where the public can also attend the many aerial demonstrations and aircraft displays part of the Bucharest Air Show. In Bucharest: George Enescu International Festival August 24 – September 21 The 27th edition of the event is held under the…

Romanian technology group AROBS Transilvania Software (BVB: AROBS) reported higher first-half earnings on Wednesday, August 27, supported by acquisitions and international expansion, even as its core automotive software business slowed. AROBS posted consolidated revenues of RON 215.4 million (EUR 43.2 million) in January–June, up 4% year-on-year. EBITDA rose 8% to RON 31.1 million, with a…

Romanian agribusiness group Agroland announced that it will access EUR 15 million in financing under the European Investment Bank’s (EIB) Recovery and Resilience Plan to fund the expansion of its poultry platform at Mihăilești. The investment, worth a total of EUR 20 million, will be used to build and equip 12 new halls with capacity…

DN Agrar Group (BVB: DN), an integrated agrifood company in Romania and the largest dairy milk producer in Europe, closed the first semester of 2025 with a turnover of RON 101 million (EUR 20 million), up 22% year-on-year, and a net profit of RON 27 million (EUR 5.4 million), up by 80%. The results were…

The Solis Team, made up of 23 students and two faculty members of the Technical University of Cluj-Napoca, together with a representative of the Romanian Auto Registry, is currently representing Romania at the most prestigious competition in the world dedicated to vehicles powered exclusively by solar energy, the Bridgestone World Solar Challenge 2025. The competition…

The most recent study conducted by Raiffeisen Bank in partnership with Appinio shows that 6 out of 10 Romanian employees are worried about job stability until retirement, with concern being higher among women and people over 40 years old.  The labor market in Romania remains one where age can be both an advantage and an…

Bucharest will host the second edition of AccessABILITY Expo next month, a three-day event dedicated to advancing inclusion for people with disabilities, the Romanian Diversity Chamber of Commerce (RDCC) announced. Organizers said the initiative aims to tackle Romania’s persistent gaps in employment and social participation for people with disabilities. The fair, running from September 18…

A Memorandum of Understanding on Capital Market Development was signed between the Ministries of Finance of Bulgaria, Croatia, Poland, Romania, Slovenia, the Slovak Republic, the Republic of North Macedonia, and the Ministry of National Economy of Hungary, according to Radio Romania.  The memorandum regulates institutional cooperation for the development of deeper and more efficient capital…

About 50,000 new mortgage loans were granted at a national level in the first six months of 2025, the highest level registered in the first semester in the last five years, according to a market analysis published by online broker Ipotecare.ro and mortgage lending company SVN Romania.  The total value of the new granted mortgage…