The Government approved the modernization of Cugir Mechanical Plant, the investment amounting to about 410 million RON, and the project is set to run for three years, the spokesman of the Executive, Mihai Constantin, announced."After the recent approval of the Defence Industry Strategy and the investment location in "Victoria" gunpowder factory announced last weeks, a new project has received today the Government's approval in this field of arms manufacturing, namely the modernisation of the Cugir Mechanical Plant in order to increase the production capacity and diversify the range of NATO ammunition," Constantin said.He said that the investment is worth about 410 million RON and will be financed from the state budget, with the project duration estimated at 36 months, three years."The reorientation towards a modernised production line at the Cugir Mechanical Plant will lead to increased operational efficiency, quality standardization, and will bring benefits to the safety and flexibility of production there. Additionally, for context, the defence industry sector is a strategically important segment of our economy and is meant to support the country's defence preparedness effort, so as to meet its own needs and honour the obligations assumed by our country as a NATO member," Mihai Constantin added.
TikTok has launched an Election Center dedicated to Romania's upcoming elections as part of its broader effort to protect "the integrity of the platform" and promote access to reliable information. The initiative is supported by a new media literacy campaign and ongoing collaboration with more than 20 fact-checking partners, the company said in a statement. […]
Romanian acting president Ilie Bolojan met on Friday, April 25, with a delegation from the Office for Democratic Institutions and Human Rights, or ODIHR, of the Organization for Security and Cooperation in Europe (OSCE), according to a statement from the presidential administration. The acting president told the delegation that Romania "is faithful to democratic principles […]
Shareholders of Romanian oil company OMV Petrom recently approved the distribution of record dividends amounting to RON 2.8 billion (EUR 562.6 million) for the 2024 financial year, as well as the 2025 budget, which provides for investments of RON 8.1 billion (EUR 1.6 billion). The decision was taken during the Ordinary and Extraordinary General Meetings […]
The 2025 edition of the European Film Festival (FFE), which takes place this year in Bucharest and nine other cities, will screen more than 40 feature films, 28 of which are national premieres. The festival will also present two selections of short films, also screened as national premieres. Among them are 11 documentaries, 13 films […]
Update: The Romanian Ministry of Foreign Affairs said in an official press release that the Romanian citizen was initially detained in the Abkhazia region four months ago and was later transferred to Sochi, Russia. "Steps have already been taken to provide consular protection and assistance with the central and local authorities, in accordance with international regulations," […]
Russia’s Federal Security Service, FSB, said on Friday, April 25, that it arrested a 23-year-old Romanian citizen on suspicion of spying for Ukraine by sharing the locations of Russian air defense systems. The unnamed man is accused of collecting and transmitting information about air defense sites in the Black Sea resort city of Sochi to […]
