Romania and Bulgaria have reaffirmed their commitment to strengthening NATO's eastern flank during a visit by Romanian defense minister Angel Tîlvăr to Sofia on April 7, at the invitation of his Bulgarian counterpart, Atanas Zapryanov. The two officials discussed deepening bilateral defense cooperation and advancing regional security measures, underlining their shared understanding of the risks […]
Oradea, in western Romania, is set to host a new modern thermal garden, built with European funds. The project will be developed on the site of an old public swimming complex, and has a total value of over RON 214 million. On Friday, April 4, Oradea City Hall announced it signed the financing contract for […]
In line with expectations, Romania’s central bank BNR on April 7 kept the monetary policy rate at 6.5% despite slower economic growth, citing internal and external risks. The latest data and analyses point to a pronounced slowdown in quarter-on-quarter economic growth in 2025 Q1, implying an annual GDP growth rate relatively similar to that in […]
Romanian car parts distribution group AD Auto Total, active since 1994 and posting a RON 2.2 billion (EUR 450 million) turnover in 2023, announced it will take over the Bulgarian peer Auto Hit, Profit.ro reported. A company with 100% Romanian capital and a player in the local auto...
The consortium formed by battery manufacturer Prime Batteries Technology and the engineering and technical consulting firm Enevo Group, both of them Romanian, won a RON 80 million (VAT excluded) contract to build a power storage facility at Hidroelectrica's (BVB: H2O) wind farm Crucea, Hidroelectrica announced in a note to investors. The facility should be commissioned […]
BSOG Energy, a Romanian energy firm wholly owned by Black Sea Oil & Gas SA, has entered into a partnership with Unigrains Trading, a local agricultural enterprise led by Theodor Ichim, to develop a biomethane and organic fertilizer production plant valued at over EUR 65 million, according to Ziarul Financiar. ...
