Minister of Economy, Digital Transformation, Entrepreneurship and Tourism Bogdan Gruia Ivan was on a working visit to the municipality of Barlad - Vaslui County on Friday to discuss with the county and local authorities solutions for the county's reindustrialization.The minister visited the Barlad Bearings Factory where he asked the company's management to seek licensing for becoming a supplier to the defense industry, as plans are afoot for Romania to become a major defense industry manufacturer."Thanks to large infrastructure investments in the past three years, Barlad will be less than 60 kilometers from the Moldova motorway. We are looking for solutions for the capital area, for working capital for industrial companies, including the Barlad Bearings Factory, which is a landmark company with an incredible history. It is one of the three factories in Europe with an almost complete in-house production cycle. For us, this factory represents a priority. With the construction of the motorway and the reconstruction of Ukraine ahead, the entire northern and eastern area of Romania will develop. We agreed with the bearing manufacturer to start procedures to license the factory to become a defense industry supplier, which is extremely important. In the 2025 budget we already have RON 1 billion earmarked for investments in Romania's military industry, in production. It only follows naturally that we want to turn Romania into one of the major producers for the defense segment," said Bogdan Gruia Ivan.President of the Vaslui County Council Ciprian Trifan emphasized the need for investments in the area, stating that opening local industrial parks is a major option in this regard.
President Nicușor Dan, in office for roughly three months, attended the Salzburg Industrialists' Summit, the most important reunion of the Austrian business community, urging them to invest in Romania. Specifically, the president emphasized the strategic opportunities in the defense, energy, infrastructure, and logistics sectors. “Romania is significantly expanding its defense industry. Our sector offers real […]
A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF. Records from the Anti-Corruption Directorate show that between […]
A scandal broke out on Friday, July 25, after it was made public that deputy prime minister Dragoș Anastasiu was a witness in an older corruption case involving one of his companies. The company, Eurolines, paid bribes for eight years to a financial inspector from Romania’s tax agency ANAF. Records from the Anti-Corruption Directorate show that between […]
The Drapers' Bastion in Brașov, built between the years 1450–1455, will be restored with European funds. The urban landmark will become an interactive museum integrated into the tourist circuit. The rehabilitation of the Drapers' Tower will support not only tourism but also the construction sector, contributing to the economic and cultural revitalization of Brașov, according […]
The National Meteorological Administration (ANM) has issued a code-red warning for persistent and intense heat from July 26, 10:00 AM to July 27, 10:00 AM for the regions of Banat, Oltenia, most of Muntenia, and southern continental Dobrogea. Day temperatures are expected to reach between 39 and 43 degrees Celsius, while the temperature-humidity index is […]
The fifth edition of Jazz Bastion will bring three concerts to the Weavers' Bastion in Brașov, featuring musicians from Romania, Ireland, and Switzerland. This year's edition "highlights the cultural diversity of music, which always brings together artists and audiences alike, regardless of language, nationality or affinities," the organizers explained. The public can attend performances by […]
