U.S. Ambassador Mark Gitenstein said Thursday that one of the issues discussed by Romanian President Basescu in the USA was the purchase of F16 fighters, possibly through a regional agreement.
Romania has launched a national funding program worth EUR 56 million to support local administrations in producing thermal energy from geothermal water, minister of investments and European projects Marcel Boloș announced on June 3. The financing call is aimed exclusively at local authorities and is intended to reduce dependence on gas by harnessing the country’s […]
Real estate developers plan to complete 32,000 new apartments in Bucharest by the end of 2028, according to Economica.net, quoting data provided by Imobiliare.ro. However, the current supply of housing units remains low, the publication argues. But not by historic levels: the number of new housing units completed in Bucharest...
Arobs Transilvania Software (BVB: AROBS), the largest IT company listed on the Bucharest Stock Exchange, has received shareholder approval to acquire a majority stake in a United States-based software development company, according to data published by
The European Commission is expected to grant Romania additional time to present and implement a fiscal corrective package before considering punitive measures such as suspending disbursements under the EU’s Resilience Facility and cohesion policy funds, Bloomberg reported on June 2, citing sources...
Experts from Spain, the Netherlands, Germany, and Hungary will arrive in Romania starting Wednesday, June 4, to help assess the situation at the Praid Salt Mine in Harghita County following major flooding that has caused significant structural damage,
The king of Spain, Felipe VI, is reportedly set to make an official visit to Romania next week, arriving on the evening of June 9, according to TVRinfo. On June 10, the monarch...
