The Beretta project could start operations at the Cugir Mechanical Plant (UM Cugir) at the end of August, on Friday said the Minister of Economy, Entrepreneurship and Tourism, Stefan Radu Oprea, on a visit to the two armament plants in Cugir.In December 2023, the Executive approved the extension by 1 year and 6 months of the Compensation Agreements concluded between the Compensation Office for Special Technical Acquisitions and ROMARM S.A. National Company, respectively of the transfers of technologies and licenses operated by the Beretta weapons factory in the industrial infrastructure of UM Cugir, until June 29, 2025.According to a statement issued by the Government at the time, according to the Compensation Agreements concluded between the Compensation Office for Special Equipment Acquisitions and C.N. ROMARM S.A., as the contractor, and as a result of the analysis carried out, it was found to be technically and operationally impossible to deliver technology and license transfers by the initially set deadline of December 29, 2023.With a tradition of over 200 years, UM Cugir currently manufactures weapons of various calibers (12.7 mm, 14.5 mm, 5.56 mm), automatic and semi-automatic pistols of 9 mm caliber.
The Romanian stock market benchmark – the BET Index – officially crossed the 20,000-point threshold on Tuesday, July 25, 2025, marking a major milestone in its recent surge. The BET has gained about 7.5% in the last month, setting several new record highs on its path to 20,000 points. However, the Bucharest Stock Exchange’s recent […]
If you operate as a crypto broker, you might have come across a crypto broker program — a specialized service designed to enhance broker operations, expand service offerings, and optimize how they serve their end clients. These platforms have grown in popularity, offering streamlined access to the digital asset space with tools designed to suit both […]
For its 2025-2026 season, the George Enescu Philharmonic will bring to Bucharest more than 70 Romanian and foreign conductors and soloists of top level, 75% of whom are present for the first time in its artistic programming, the institution said. Among the names that will take the stage of the Romanian Athenaeum in Bucharest starting this […]
The Neuman House, a protocol residence for former communist dictator Nicolae Ceaușescu situated in the city of Arad, in western Romania, is up for sale for EUR 2.4 million, according to an online listing by an international agency specializing in luxury property brokerage cited by Agerpres. The building belonged to the noble Neuman...
During a press conference held on Tuesday, July 29, Romanian prime minister Ilie Bolojan presented the main measures from the magistrates' pension reform project, which will be included in the third fiscal package. The project includes raising the retirement age and capping pensions. The reform is urgent and necessary, said the official, who also warned […]
UNICEF has launched the Romanian-language version of the podcast On My Mind (În Mintea mea), created to support young people's mental health, with the support of global streaming platform Spotify. The Romanian-language version of the podcast complements the work carried out by UNICEF in Romania, which is currently implementing an initiative aimed at promoting the […]
