TeraPlast Group inaugurated its new Opal stretch film factory in the Sărățel Industrial Park last week, following a total investment of EUR 18.5 million, of which EUR 5.3 million was provided as state aid. The aid will be reimbursed in the form of taxes and duties between 2026 and 2030, the company said.
The Opal factory addresses a market of approximately 30,000 tons annually, valued at EUR 34 million. Currently, imports account for 51% of this demand, totaling 14,000 tons or EUR 17.3...
Vulcangas Romania, a subsidiary of Società Italiana Gas Liquidi Spa - Vulcan Group, inaugurated the first filling station in Romania with Liquefied Natural Gas (LNG) and BioLNG (including CNG and BioCNG). Located in Pecica, Arad county, the new infrastructure aims to offer cleaner fuel options for heavy-duty transport, supporting Romania’s steps toward lowering emissions in […]
Hungarian low-cost carrier Wizz Air has announced plans to expand its Bucharest base with the addition of an Airbus A321neo aircraft in the summer of 2025, bringing the total to 19 aircraft stationed at Otopeni Airport. The airline also unveiled a new route to Chișinău and increased frequencies on 11 routes from the Romanian capital. […]
The head of Romania’s executive, Marcel Ciolacu, was welcomed by British counterpart Keir Starmer on Wednesday, November 13, in London. The officials talked and announced that they have decided to enhance economic cooperation and the defense partnership. The visit was the first that a Romanian prime minister conducted in the United Kingdom in more than […]
Romania’s Labour Ministry published on November 13 the draft bill for updating the minimum statutory wage on an annual basis, by indexation with a coefficient that includes inflation and labour productivity gain, Cursdeguvernare.ro reported. In case the result is lower than 52% of the projected average wage...
The notifications requested from Ukraine and Moldova failed to confirm that nationalist leader George Simion (AUR) would be a Russian spy or would be in contact with Russian intelligence officers, Romanian prime minister Marcel Ciolacu stated in response to inquiries expressed by his rivals in the presidential elections, Nicolae Ciuca (Liberal Party, PNL) and Mircea […]
Romania's Senate has approved a USD 6 billion bill to purchase 32 F-35 fighter jets, engines, ammunition, and logistical support, securing 76 votes in favour. This final parliamentary approval advances the bill to president Klaus Iohannis for promulgation unless contested at the Constitutional Court. Under the terms, the aircraft delivery is expected by 2031, with […]
