Premier Nicolae Ciuca has met, on Monday, at Victoria Palace with the vice president for international affairs of the company Lockheed Martin, Raymond Pisseli, informs the government.During the meeting, opportunities for the consolidation of the economic part of the Strategic Partnership with the US have been discussed, Lockheed Martin’s initiatives in the domain of industrial and research-development cooperation being presented, together with the Romanian companies and institutions. The prime minister stressed the importance of US support from the perspective of access to high-performance defense technology, such as multi-role aircraft, Himars, Patriot systems or Black Sea anti-missile batteries According to the quoted source, the ministry of national defence and the ministry of economy work together so that the Romanian defence industry have the capacity to manage the cooperation with Trans-Atlantic partners. In this sense, the increase of the defence budget at 2.5 % of GDP, starting with next year, will offer new financing opportunities to the respective industry. The Lockheed Martin company has been present for 25 years in Romania being involved in several projects which have a significant impact in different domains. In the present geo-political context, generated by the strategic relevance of the Black Sea and the need to strengthen resilience, including from the economic perspective, the development projects aim at a long term duration, with integrated approach of the multiple platforms where there is collaboration at present moment.
IVF clinic Embryos, majority-owned by investment firm Integral Capital Group, has acquired the Oradea-based Calla Infertility Diagnostic and Treatment Center. The move is part of the development strategy of the network Embryos, which started in 2025 with the opening of a clinic in Buzău and the acquisition of Adella Clinic in Sofia, Bulgaria. The turnover […]
Romania has 56 companies included in the 17th edition of the Coface CEE Top 500 ranking, which shows how the largest companies in the region are navigating the current business landscape. The country climbed two positions from last year but remains underrepresented. The companies are ranked by turnover, analyzing additional indicators such as workforce size, business […]
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
Renting is steadily becoming more common in Romania, as access to credit becomes increasingly difficult. As such, even though rents traditionally tend to decrease in October, this year they have kept steadily increasing in most major cities. Traditionally, the demand for rentals increases in August and September, when students return to the major university cities. […]
