Category: Uncategorized

A new 42 km tourist route connecting 14 villages in Romania’s Prahova county is being marked for hikers and cyclists. Known as Drumul Stejarului, or the Oak Road, it crosses the communes of Cocorăștii Mislii, Scorțeni, and Telega, running from the entrance to Goruna village to Telega. The route forms part of Ținutul Stejarilor, a…

For any European defence ministry preparing a fleet renewal, the hardest questions are rarely about horsepower or top speed. They concern how well a platform will keep the people inside it alive, and how that protection can be demonstrated on paper long before a contract is signed. This is why buyers evaluating armored vehicles increasingly…

Several hundred supporters of far-right, pro-Russian Romanian politician and former presidential candidate, Călin Georgescu, have been protesting for five days in front of the Central Detention Center in Bucharest, where he is held. Organizing through social media, Georgescu’s supporters have occupied the sidewalks and small parks in the area, chanting in favor of the politician…

Romanian digital accounting startup Declaro aims to increase its client base to 1,000 over the next 12 months. Operational since May 2026, the company currently processes around 25,000 transactions per month. Declaro launched with an investment of approximately EUR 1 million from its founders and private investors. Around 60-70% of the funding was allocated to…

Chinese automotive brand LEPAS entered Romania with the opening of its first showroom in Sibiu and the launch of the L8 plug-in hybrid SUV. Materom, its exclusive Romanian importer, plans to expand the network to 12 dealerships by the end of 2026 and 24 in 2027. The brand currently has eight authorised dealers in Bacău,…

Romania’s Defense Ministry kicked off the “MOBEX Bucharest – Ilfov 26” mobilization exercise on Monday, October 5, calling some 10,000 army reservists in the region to military units for one day of training. The reservists being called up are between 43 and 63 years old. According to the Ministry of National Defence, they are required…

Romania’s mergers and acquisitions market reached an estimated EUR 2.3 billion in the third quarter of 2026, 2.2 times the value recorded in the same period last year, according to PwC. A total of 93 transactions were announced, representing a 52% annual increase. The market value includes the acquisition of Electronic Arts by a consortium…

The rating agency also believes it is becoming increasingly unlikely that sufficient political support can be secured to adopt the 2027 budget before the end of this year. On September 30, Romania’s political deadlock deepened as Parliament failed to approve a new government for the third time since May, when the pro-European coalition government was…

The decision is consistent with what can be regarded as a near-term baseline scenario in rating terms: that Romania will successfully form a government capable of adopting a credible budgetary framework for 2027-2028. However, the fluid political situation could threaten the reduction of the twin deficits – the country’s main rating vulnerability – and ultimately…

The company’s statement, as reported by Economica.net and Profit.ro, came amid a political controversy triggered by reports in The Wall Street Journal and The Financial Times that US Ambassador to Greece Kimberly Guilfoyle pressured Romania to buy American LNG and suggested that the US had been involved in the dismissal of the Ilie Bolojan government.…