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The agreements between Romania and the United States are in force, respected, and permanently adapted to security developments in the regional environment, according to defense sources cited by Agerpres. Among the agreements still respected are those regulating the US military presence in Romania. To that end, the rotationally stationed American forces at the 57th Air…

Romanian cement producer Romcim, owned by the Irish group CRH, has completed the acquisition of two concrete production plants located in the northeastern part of the country in Miroslava and Iaşi, previously owned by BCC Agregate Betoane. “Proximity is an essential factor in the construction industry, and we are pleased that these two concrete production…

The conventional electricity producers and the power distribution companies are preparing to accommodate the expected oversupply of electricity by renewable energy units, including the prosumers, during the Easter period, when the consumption drops below that during working days.  Particularly, the prosumers, with an installed capacity estimated at 2,700 MW, “are now a challenge,” according to…

Romania’s automobile production decreased by 11.2% y/y to 135,723 units in Q1, according to data compiled by the industry association ACAROM. The contraction was milder, only 5.9% y/y, in March. Out of this, Renault-owned Dacia produced 75,812 units and Ford Otosan 59,911 units.  Although both Romanian car factories, Dacia in Mioveni and Ford Otosan in…

A Dacian gold bracelet dating back to the mid-1st century BC is now on display at the National History Museum of Romania, following its recent recovery by Romanian judicial authorities at the end of 2024. The artifact, part of a treasure discovered near the archaeological site of Sarmizegetusa Regia, had been trafficked illegally before being…

Foundation Conservation Carpathia, which has been working since 2009 on the long-term goal of establishing a world-class nature reserve in Romania’s Făgăraş Mountains, is looking to reintroduce the vulture in a bid that is meant to benefit both the ecosystem and the local communities. Meanwhile, it moving forward with constructing the ecotourism infrastructure needed for…

Romania’s competition body, Consiliul Concurentei, expressed eight concerns in a press release on April 16 regarding the transactions through which Vodafone Romania intends to take over Telekom Romania Mobile Communications and Digi Romania SA would take over some of the assets of the same company.  These concerns refer to the potential impact on competition in…

OMV Petrom (BVB: SNP), the largest integrated energy producer in South-Eastern Europe, in partnership with Complexul Energetic Oltenia (CE Oltenia), a large coal mining and power complex transitioning toward low-carbon energy production, announced the signing of design and execution contracts for four photovoltaic parks with an installed capacity of 550 MW, according to a note…

Roughly 4,000 troops and 913 military vehicles from ten NATO countries will take part in the multinational exercise Dacian Spring 2025 (DASP 25), scheduled to take place in Romania between May 5 and 23. The participating countries include Belgium, Bulgaria, France, Italy, Luxembourg, North Macedonia, Poland, Portugal, Romania, and Spain. The exercise is planned and…

Award-winning films or selections from the most important festivals of 2024-2025 will be shown in premiere in Romania at the 24th edition of the Transylvania International Film Festival (TIFF) in Cluj-Napoca between June 13 and 22. Some of the productions were shown at festivals like the ones in Cannes, Karlovy Vary, Venice, San Sebastian, Sundance,…