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Several Romanian companies attending the Bucharest Show for Defense and Aerospace (BSDA) have signed on May 23-24 agreements with foreign partners for projects ranging from the manufacturing of light weapons to large-caliber ammunition to the manufacturing of the first locally-produced drone, Digi24 announced. The memorandum of UM Cugir and Hekler & Koch GmbH aims to…

Romanian state-controlled energy company Hidroelectrica (BVB: H2O) will invest EUR 100 million and will contract works worth another EUR 100 million during 2024-2028 with the machinery producer UCM Resita after it purchased it and renamed it UCMH. UCM Resita produced the related equipment for over 80% of the national hydropower system, putting into operation over…

Romania is investing EUR 300 million from the national budget this year to expand the water pumping system from 1.6 million ha to 2.2 million ha, minister of agriculture Florin Barbu announced. He also said that EUR 400 million will be made available for farmers to develop irrigation systems on the land covered by the…

Romanian prime minister Marcel Ciolacu confirmed that local businessman Dorinel Umbrărescu, active in the road construction industry, will invest EUR 300 million to resume operations at the Otelu Rosu steel mill, which has been idle since 2013. The businessman reportedly paid EUR 12 million for the insolvent plant earlier this year. The investment will create 600…

Iwa, or Ioana, is a 22-year-old girl who has taken Instagram by storm with her nostalgic portrayals of Romanian, and more broadly speaking Balkan, village lifestyle. Her videos, which skillfully make use of the characteristically self-deprecating Romanian humor, earned her almost 80,000 followers at the time of writing. Ioana Cîmpianu is from the eastern Romanian county of Vaslui. She grew up in…

The Technical University of Cluj-Napoca said on Friday, May 24, that it started the construction of the Artificial Intelligence (AI) Research Institute. The project, which should be completed in 2025, is aimed at creating a platform dedicated to research and development in artificial intelligence and emerging technologies. The Artificial Intelligence Research Institute (ICIA) aims to…

The astronomical observatory on the roof of the children’s hospital built from donations by local non-profit Dăruiește Viață in Bucharest was recently inaugurated. Twelve children between the ages of 3 and 14 watched the stars for the first time this week. The children are hospitalized in the oncology, neurosurgery, and surgery wards recently transferred to…

A museum dedicated to Ivan Patzaichin, an Olympic gold medallist and one of Romania’s legendary athletes, was inaugurated at Mila 23 in the Danube Delta on Thursday, May 23. According to culture minister Raluca Turcan, this is the first project to receive the label of Local Ambassador of the New European Bauhaus. The Ivan Patzaichin…

One United Properties (BVB: ONE), the leading green investor and developer of residential, mixed-use, and office real estate in Romania, is pleased to announce that DP World Romania, a global leader in logistics and supply chain solutions, is expanding its business operations within Romania and is opening an office in the prestigious One Cotroceni Park…

Romanian healthcare services provider MedLife plans to expand its network of psychiatry and psychotherapy centers, MindCare, nationally. Three such units are planned for opening by the end of the year, with the network set to reach ten locations around the country in the medium term, depending also on regional demands. The first units will open in Craiova…