Category: Uncategorized
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Storm Boris brings snow on Romania’s Transalpina mountain road
A snow layer of around 5 cm has fallen on Romania’s Transalpina mountain road, at altitudes over 1,900 meters, according to Gorj County authorities. The snow is particularly present in the Dengherul – Cărbunele sector, and visibility is reduced due to fog. The Gorj Mountain Rescue Service (Salvamont) advises drivers intending to cross Transalpina over…
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Korean defense giant Hanwha Aerospace set to build armored vehicle factory in Romania
Hanwha Aerospace, the largest defense company in South Korea, will begin construction of an armored vehicle factory in Romania at the beginning of next year, according to News.ro. The group plans to make Romania a regional hub for all Hanwha’s land systems in Europe. Back in July, Hanwha signed a USD 1 billion contract to…
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Romania events: Colm Tóibín, Abdulrazak Gurnah, Zeruya Shalev among guests of this year’s literature festival in Iași
Nobel Prize for Literature winner Abdulrazak Gurnah, Irish novelist, poet and playwright Colm Tóibín, Spanish author Clara Usón, Israeli writer Zeruya Shalev, and French novelist and essayist Pascal Bruckner are among the guests of this year’s Iaşi International Festival of Literature and Translation (FILIT). The event, scheduled to take place between October 23 and October…
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Expansion project at Romania’s famous Turda Salt Mine set to start in 2025
Turda Salt Mine (Salina Turda), one of the most spectacular tourist destinations revealing Romania’s underground wonders, will expand under a project set to kick off in 2025. The plan is to open another mine to tourists, which, local authorities say, would double the number of visitors. The project targets the 10,000 sqm Iosif mine, which…
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Nicolae Ciucă confirmed as Romanian Liberals’ presidential candidate
The National Council of the Romanian Liberal Party (PNL) officially designated its leader, Nicolae Ciucă, as the presidential candidate. The decision was taken unanimously, according to Digi24. “I am the candidate of the National Liberal Party in the presidential election, and I feel it is my most important mission so far,” Ciucă said. He also…
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Storm Boris batters Romania, causing severe floods and six deaths
The storm Boris, which caused temperatures in the central and eastern European region to plummet and floods to take place, has led to severe damages and the death of six people in Romania’s Galați County. Two people are still missing. Hundreds lost their homes after floods hit particularly rural areas in several counties in eastern…
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US State Department greenlights sale of 32 F-35 fighter jets to Romania in USD 6.5 bln deal
The State Department (DoS) in the United States announced it greenlighted the sale of 32 F-35 fighter jets to Romania under a deal estimated at USD 6.5 billion and financed under the Foreign Military Financing (FMF) facility and from other loans guaranteed by the US Government. The Defense Security Cooperation Agency filed the necessary certification…
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Romania may ask EC’s permission to keep electricity prices capped after March 2025
Romania may ask the European Commission to allow it to maintain the price capping policy that should be phased off as of the end of March 2025, energy minister Sebastian Burduja announced on September 13, Profit.ro reported. The request is based on the high market prices in the region resulting from the lack of functioning…
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German fuel cell producer SFC Energy opens new production facility in central Romania
SFC Energy, a leading provider of hydrogen and methanol fuel cells for stationary, portable, and mobile hybrid power solutions, opened its largest production facility to date, located in Cluj-Napoca, Romania, on September 12. The company says the new factory is designed to serve the rising demand for its products: hydrogen and methanol fuel cells for…
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Romania’s gross external debt rises by EUR 21 bln in 12 months to July
Romania’s gross external debt, including the inter-group loans contracted by FDI companies in Romania from their parent groups, reached EUR 180 billion at the end of July, EUR 21.5 bln more compared to July 2023, according to data published by the central bank BNR. The debt-to-GDP ratio increased to 53.5% from 52.5% one year earlier.…