Category: Uncategorized
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US Ballistic signs contract for NATO ammunition plant in Romania, defense minister says
American company US Ballistic has signed a contract to establish a new ammunition factory at the UM Sadu defense plant in Gorj County, interim defense minister Radu Miruță announced. The facility will produce NATO-standard 155 mm ammunition. “A huge piece of news: today, in Târgu Jiu, the contract was signed with the American company US…
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Romania’s natural gas storage 76.26% full, above EU average of 68.26%
Every summer, European countries amass natural gas in preparation for the winter season. This year, the energy market has made the process more complicated, and according to The Guardian, the continent is currently on course to enter the cooler months with gas stores at their lowest level in 13 years. For its part, Romania aims…
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Slow Coffee Festival brings exhibitors from 23 countries to Bucharest
Slow Coffee Festival will hold its tenth edition at Romexpo’s Pavilion A in Bucharest from September 25 to 27. The event will bring together 145 exhibitors from 23 countries across an area of approximately 10,000 sqm. This year’s theme, “It Takes a Village,” focuses on the relationships and communities involved in developing the specialty coffee…
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She’s Next offers EUR 90,000 in grants to women-led Romanian businesses
Applications opened recently for the third edition of the She’s Next women’s entrepreneurship programme in Romania. Women-led businesses can apply through the programme’s online platform until November 15. Eligible companies must have operated for at least one year and be at least 51% owned by women. The programme will distribute EUR 90,000 among six winners,…
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FlixBus launches direct Bucharest-Chișinău coach route
FlixBus announced on Tuesday, September 15, that it launched a direct coach route between Bucharest and Chișinău in partnership with Moldovan transport operator Gal Trans. The first journeys took place on September 12, with two daily services available in each direction. Coaches leave Bucharest at 10:00 and 23:00 each day, with the journey taking approximately…
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Romania’s CA deficit widens in June-July to 7.8% of GDP in 12 months
The rolling 12-month CA deficit reached EUR 30.5 billion, or 7.8% of GDP, in July 2026, from EUR 28.3 billion (7.3% of GDP) in May 2026 and EUR 31.6 billion (8.7% of GDP) in May 2025. Romania’s CA deficit had narrowed both nominally and, even more significantly, as a share of GDP between May 2025…
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Romania’s industrial activity further deteriorates in July despite encouraging PMI
In seasonally adjusted terms, industrial output dropped 1.4% m/m in July, while manufacturing output fell 2.1% m/m. This came despite the Manufacturing PMI (Purchasing Managers’ Index), an economic indicator measuring the health of the manufacturing sector based on surveys of supply-chain executives, returning above the 50-point expansion/contraction threshold for the second time in two years…
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Romanian president, PM condemn violence at shepherds’ protest in Bucharest
Romanian president Nicușor Dan and interim prime minister Ilie Bolojan condemned the violence that erupted during a shepherds’ protest in Bucharest’s Victorei Square on Tuesday, September 15. Demonstrators broke through police lines and protective barriers, while gendarmes used water cannons and tear gas to disperse violent groups. “The violence we are seeing today in Victorei…
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Hornbach to invest EUR 70 mln in two new stores in Romania
In Cluj-Napoca, work on the company’s second store in the city has already started, while in Craiova, Hornbach has obtained authorisation for its first store in the Oltenia region. Each of the two investments amounts to approximately EUR 35 million. The Cluj-Napoca store is scheduled to open in autumn 2027, while construction in Craiova is…
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EBRD working with Romanian Energy Ministry on support schemes for long-term storage
“We are already working with the Ministry of Energy to develop support schemes similar to those developed for renewables. What we have tried to do for now is to identify the market need for capacity, how mature the projects already under discussion are and what type of support is needed to make those transactions bankable,”…