Romania may be retained EUR 1 billion out of the EUR 2.3 bln third disbursement under the Resilience Facility for failure to meet a number of targets, according to a letter of the European Commission sent to the Romanian Government in June and now surfaced in the media.
Some EUR 300 mln - 500 mln were retained in relation to Romania’s failure to appoint top managers for state-owned enterprises (SOEs) based on transparent and competitive selection procedures, according to
Romania is set to acquire 44 AAV-7 amphibious assault vehicles from the United States after the preliminary approval decision to initiate the procurement procedure was sent from Parliament to the Ministry of Defense. The ministry had requested Parliament’s prior approval, according to legal procedures, to begin the procurement process for the amphibious assault vehicles. The […]
DN AGRAR Group (BVB: DN), the largest integrated livestock farm in Romania, and BSOG Energy, an energy company focused on developing biomethane production plants across Romania, announced a cooperation agreement for a biomethane production facility in Romania, with a total capacity of up to 15 MW. The overall investment in the facility is estimated to […]
The NATO Security Assistance and Training for Ukraine (NSATU) mission, charged with providing support to Ukraine against Russia, will have around 700 staff headquartered in bases in Germany, Poland and Romania, according to the new secretary general of the organization, Mark Rutte. NSATU is set to take over the coordination of military aid from the […]
The president of the junior ruling Liberal Party, Nicolae Ciucă, urged prime minister Marcel Ciolacu "to urgently explain what he will do so that Romania does not lose the approximately EUR 1.1bn from the Resilience Facility" suspended by the European Commission for six milestones not met by the country. Ciucă thus validates the EUR 1.1bn […]
Ford announced on October 15 that it will open in November waiting lists for Romania customers interested in buying the new fully electric model E-Tourneo Courier, produced at the Ford Otosan factory in Craiova. The first vehicle deliveries are expected in the first quarter of 2025. The E-Tourneo Courier Trend (passenger version), with a 100 […]
Ford Otosan announced on October 15 that it will open in November waiting lists for Romania customers interested in buying the new fully electric model E-Tourneo Courier, produced in the factory in Craiova. The first vehicle deliveries are expected in the first quarter of 2025. The E-Tourneo Courier Trend (passenger version), with a 100 kW […]
