The Canadian company Euro Sun Mining, the owner of the Rovina gold project in Romania, the second largest in Europe, has concluded a binding Memorandum of Understanding with the Anglo-Swiss group Glencore, the world's largest commodity trader, for the production to be obtained at the field in Romania.
The project faces environmental hurdles generated by environmentalists forcing the invalidation of the permit.
In addition, Glencore has the right to nominate a director on the...
Romanian software development company OVES Enterprise said it is exploring a potential strategic partnership with Kongsberg Defence & Aerospace (KDA), one of the international leaders in defence solutions, aiming to integrate its Nemesis AI solution into the defence solutions developed by Kongsberg. OVES Enterprise hosted this week a delegation from KDA, Norway’s primary provider of […]
Slower declines in output and new orders recorded Inflationary pressures build Employment levels down for fifth month running The Romanian manufacturing sector entered the final quarter of the year stuck in contraction territory. Though operating conditions remained challenging, declines in both production and new orders were slower than in September. At the same time, firms […]
A massive mural featuring Brazilian footballer Vinicius Junior created by Brazilian street artist Fabio in Bucharest’s District 4 has recently been unveiled. Fabio Gomes Trindade, a well-known street artist from Brazil, spent a month in Bucharest to create the mural on an apartment building in southern Bucharest. This artwork was part of the Outline Street […]
Axel Johnson Inc. (AJI) announced on November 1 that it has acquired La Fântâna S.R.L., a market-leading water solution provider in Central and Eastern Europe, from Oresa Ventures. Founded in 2000 by Romanian entrepreneur Cristian Amza, La Fântâna operates today in Romania and Serbia with 1,000 employees, owned water sources, bottling plants, and service centers. […]
The Bucharest-Ilfov Green Belt project took a major step forward on Thursday, October 31, when the planting of the first 15,000 trees began on an area of 3.5 hectares. Moreover, at the same time, the initiators drafted and submitted to Parliament several amendments to the new Forestry Code bill aimed at extending the concept nationwide. […]
Romania’s Ministry of Foreign Affairs (MAE) confirmed on November 1 that according to information provided by Spanish authorities, one person on the list of missing Romanian citizens has been found dead following the flood in the Valencia region of Spain. The ministry extended condolences to the grieving family and advised Romanians to contact the Romanian […]
