The minister of national defence, Angel Tilvar has discussed in Berlin with the representatives of the Romanian companies in the aeronautical sector who were presented at the profile exhibitions and ILA 2024 about the cooperation solutions in the domain of production and business with the other participating companies, as well as about the promotion of their own products on an international level. "As I said at the BSDA 2024 exhibition in Bucharest, the defence industry is particularly important for the Ministry of National Defence," the Defence Minister said. "We have a very good cooperation with the Ministry of Economy and together we are looking for the best solutions to make the most of the opportunities offered to Romanian companies by the military procurement programmes. In today's complex security environment, in which Romania's strategic efforts are focused on increasing defence capabilities at the national and allied levels, the Army will continue to acquire high-performance military equipment and techniques that will ensure the capabilities needed to fulfil the missions and commitments undertaken towards NATO and Romanian citizens," Tilvar concluded.
Romania is reportedly considering launching a Golden Visa program offering temporary residence permits to non-EU investors in exchange for significant financial commitments in the country, Profit.ro reported. According to the draft bill, the scheme – officially called...
Romania's Social Democratic Party (PSD) may insist on hiking the minimum wage as of January 2026, in line with the national legislation, but also to implement the Directive (EU) 2022/2041 on minimum wage as already envisaged last year. This puts at risk the government's plans for keeping the wages in the budgetary sector constant until […]
The Turceni City Hall signed on Tuesday, October 14, a financing contract with the European Investment Bank (EIB) for a project that aims to create a renewable energy hub, Economica.net reported. The project, worth a total of...
The Danish company Eurowind, which has been present on the Romanian market for 14 years, will develop large-scale wind, photovoltaic, and battery projects in Romania. The target is 1,000 MW installed by 2030, and a third of the group's investments are allocated to Romania, according to
Cristian Geanaliu, Executive Director of Global Markets at Garanti BBVA Romania, analyzes the persistent inflation and the ongoing imbalance between monetary and fiscal policies shaping Romania’s economic outlook for 2026. Romania enters the last quarter of 2025 within a complex macroeconomic framework. An inflation rate well above the central bank’s target, high interest rates, a […]
One day before the closing of the subscription phase for the IPO at Grup EM, which includes Electromontaj among other companies in the group, reached a subscription level of only a quarter of the total securities put up for sale. The relative caution of investors can be explained by a combination of bad memories from […]
