Turkish commercial vehicle and defense manufacturer Otokar has announced the opening of a subsidiary in Romania (Otokar Land Systems) after it won, in partnership with local company Romtehnica, a contract worth EUR 857 million (VAT excluded) for over 1,000 4X4 armored vehicles with the Ministry of Defense.
According to the contract, most of the vehicles (COBRA II 4x4) will be manufactured locally in Romania.
"The company will carry out local activities and provide added value in...
February has been an active month for Romania's fiscal and economic landscape, with significant announcements and regulatory updates that businesses, particularly those in public affairs and legal departments, should closely follow. IMF and World Bank: Stability, Not Austerity Finance Minister Tánczos Barna provided reassuring news following meetings with IMF and World Bank representatives. Contrary to […]
Rural buyers fuel growth through progressive adoption Over 60% of customers have more than 5 years of experience in online shopping Beauty, Fashion, Footwear, Pharma, and Electronics are the most popular categories €857 is the average annual spending of an online customer MerchantPro launches...
The 20th edition of the Bucharest Pride march is scheduled for June 7, organizer Accept announced. The march, where organizers expect some 30,000 participants, is part of a series of events taking place throughout June, including debates, exhibitions, film screenings, parties, and workshops. The march will follow its established route: Calea Victoriei – Parcul Izvor, […]
For the first time, the Randstad Romania Workmonitor research showed that Romanian employees now prioritize job security (88%) and work-life balance (86%) over salary (84%), slightly exceeding the global average. The 2025 report highlights a shifting workplace landscape where employees value personalization, community, and future-ready skills, and employers must adapt to meet these evolving expectations. […]
The general mayor of Bucharest, Nicușor Dan, has been cleared to run in Romania’s upcoming presidential elections after the Constitutional Court (CCR) rejected all challenges against his independent candidacy. The top court ruled on Tuesday, March 11, dismissing five complaints filed against the Central Electoral Bureau’s (BEC) decision to validate his...
Gil Shohat's The Eichmann Trial is set to premiere at the Bucharest National Opera (ONB), with the first performance scheduled for March 30. The opera production is based on Motti Lerner's play of the same name, which premiered at the Bucharest National Theater (TNB) last year. It focuses on the trial of the SS lieutenant-colonel […]
