Category: Uncategorized
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2025 Venice Architecture Biennale: Romania’s Human Scale exhibition closes, official catalogue launches
Romania has closed its participation in the 2025 Venice Architecture Biennale with the conclusion of Human Scale, the exhibition presented in the Romanian Pavilion at Giardini della Biennale and in the New Gallery of the Romanian Institute of Culture and Humanistic Research. Meanwhile, the project’s official catalogue has been made available to the public. The…
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Romania’s Defense Council endorses new national strategy and subsequent documents
The final version of Romania’s national defence strategy 2025-2030, as amended following the public consultations and approved by the members of the Supreme National Defence Council (CSAT), is to be presented by president Nicusor Dan in Parliament, where it will be debated and voted on by lawmakers. The Romanian state must be prepared to manage…
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Romania aims to become second military power on NATO eastern flank, defense minister says
Romania aims, through its new National Defense Strategy, to become the second military power on the eastern flank and a defense provider in the Black Sea region, according to defense minister Ionuț Moșteanu. The new National Defense Strategy is a paradigm shift, the minister said. “A fundamentally different point of view is that we are…
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5 to go coffee chain proposes holiday destinations based on consumption profile
The 5 to go coffee chain, including over 650 units nationwide, is expanding its service portfolio through a partnership with Fibula Air Travel tour operator, for which it will distribute tourist packages, Ziarul Financiar reported. Fibula Air Travel has a significant presence in the markets of Turkey and South-Eastern Europe. Starting November 15, each café…
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France’s Groupe Atlantic to open boiler factory in Romania after EUR 50 mln investment
The French group Groupe Atlantic is set to inaugurate the factory in Ariceştii Rahtivani, Prahova County, in the coming weeks, a greenfield investment of over EUR 50 million, announced Ziarul Financiar. So far, about EUR 40 million has been invested, and the remaining EUR 10 million is planned by the end of 2026. It is…
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Fondul Proprietatea proposes EUR 500 mln IPO at Bucharest Airports to finance new terminal
Fondul Proprietatea (FP), as a minority shareholder (20%) at Bucharest Airports Company (CAB), proposed that the company could issue, under an IPO at Bucharest Exchange (BVB), a number of shares equal to half of its current shares, to finance the construction of a new terminal. The operation would preserve the state’s majority position and generate…
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Dacia Sandero returns as Europe’s best-selling car in October
Sales of the Dacia Sandero model were the highest in Europe in October, although the volume was slightly lower than a year ago. The Romanian model managed to surpass its main rivals, the Clio and the T-Roc, according to Profit.ro. The Sandero is mainly built in Morocco, where Renault-Dacia operates two factories in Tangier and…
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Romania’s CFA macroeconomic confidence index plunges to historic low in October
The macroeconomic confidence index compiled by Romania’s CFA Society association of analysts, based on a survey among its members, plunged sharply by 7.3 points to 30.2 points, with the current conditions (32.3 points) only marginally superior to the expectations (29.2 points). The current conditions are at a historic low level, while the analysts have shared…
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Bonapp & Munch Close New Investment Round Led by Interactive Venture Partners and Piton Capital
Bonapp and Munch, the scale-ups combating food waste and reshaping dining across Central and Eastern Europe (CEE), have secured an investment round led by US investor Interactive Venture Partners. The fund, backed by Thomas Peterffy, founder and Chairman of Interactive Brokers Group, Inc., invests in ambitious CEE innovators with the potential to expand regionally and…
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Romania scrambles fighter jets after drone incursions near Ukraine border
The Ministry of Defense (MApN) said the Romanian Air Force detected two drone incursions into national airspace on Tuesday morning, November 25, triggering the deployment of German and Romanian fighter jets and emergency alerts in two eastern counties, near the border with Ukraine. According to the ministry, radar systems identified an aerial target approaching Romania’s…