Category: Uncategorized

Romanian car parts distribution group AD Auto Total, active since 1994 and posting a RON 2.2 billion (EUR 450 million) turnover in 2023, announced it will take over the Bulgarian peer Auto Hit, Profit.ro reported. A company with 100% Romanian capital and a player in the local auto parts distribution market, AD Auto Total has…

The consortium formed by battery manufacturer Prime Batteries Technology and the engineering and technical consulting firm Enevo Group, both of them Romanian, won a RON 80 million (VAT excluded) contract to build a power storage facility at Hidroelectrica’s (BVB: H2O) wind farm Crucea, Hidroelectrica announced in a note to investors. The facility should be commissioned…

The American group Greenbrier is closing its factory in Arad, which employs nearly 800 people. The group operates three factories in Romania, including Astra Rail Industries in Arad, a railcar manufacturer. The decision comes after “difficult and accelerated challenges on the local market,” first made explicit last year, when employees protested.  The American company now…

RPIA – the Romanian Photovoltaic Industry Association – is pleased to announce the organization of the EPC Masterclass: Business Growth & Innovation in Renewable Energy Projects, a workshop dedicated to the EPC sector, taking place as part of Green Energy Expo & Romenvirotec (April 9–11) at Romexpo, Bucharest. The event will be held on April…

Liberty Galați, the largest integrated steel producer in Romania, has appointed Cornel Moisescu as Head of Primary for Liberty Galați, part of its strategy to restart production operations and “ensure steel for the strategic economic sectors of Romania, including defense, shipbuilding, construction, and infrastructure,” it said. Cornel Moisescu will coordinate the Sinter Plant, Blast Furnace,…

The United States Immigration Service and the Romanian Ministry of Internal Affairs announced the establishment of a Transnational Criminal Investigative Unit, as agreed upon since 2023.  “Romania and the United States of America continue to strengthen their strategic partnership in the field of national security, with a focus on combating cross-border crime. For this purpose,…

The NATO exercise “Dacian Spring 25,” which was meant to simulate the defense of Romania, was postponed as the local authorities failed to modernize five roads along with two bridges and two culverts that were to be used during the exercise, Europa Libera reported. Dacian Spring 25 was meant to be organized between May 5-25.…

Paul-Philippe of Romania, sentenced to 3 years and 4 months in prison in Romania in the case regarding the illegal restitution of the Băneasa Farm, was placed under house arrest in Paris on Monday, April 7, following a European arrest warrant issued by the Romanian authorities.  The Brașov Court of Appeal requested the SIRENE Bureau…

App Town, a 100% Romanian-owned company founded by entrepreneur Claudiu Diaconu, announced it was investing EUR 15 million in App Town Exclusive by Ima Residence, a boutique residential development located in Pipera, in northern Bucharest. Currently under development and scheduled for completion in 18 months, the project offers 51 apartments and features retail spaces on…

An urban meadow with wildflowers has been set in Bucharest’s Tineretului Park, close to the Tineretului Island. The project, meant to support the city’s biodiversity, was carried out by the Bucharest City Hall through its Parks & Lakes Administration (ALPAB) and Văcărești Nature Park Association, the non-profit that initiated the establishment of the urban nature…