Electrocentrale Galati (CET Galati) has entered insolvency procedures after the Galati Court of Law accepted the company’s request for insolvency and judicial restructuring, Mediafax informs. The court appointed the state-owned Maestro SPRL Constanta as the company’s provisional legal administrator and set the hearing date on October 20. According to information published previously by the local [...]
On Friday, January 3, aerospace and defense company Raytheon Technologies was awarded a USD 946 million contract by the US Pentagon to deliver an additional Patriot missile systems to Romania, aimed at bolstering the country's air defense capabilities by 2029. The contract, which includes advanced radars, control stations, and interceptor missiles, marks Romania's third order […]
Romanian mountain rescuers announced on Friday, January 3, that they registered a record number of interventions and 161 calls for emergency assistance in the past 24 hours. A total of 162 people were rescued, over 100 of whom required transport to a hospital. "An unwanted absolute record of mountain rescue and first aid interventions in […]
Far-right politician and former presidential candidate Călin Georgescu announced in a message on X that he will appeal the annulment of the Romanian presidential elections before the European Court of Human Rights. On December 6, 2024, as Romanians abroad had already begun to vote, Romania’s Constitutional Court (CCR) unanimously annulled the entire presidential election process, […]
Romania seems poised to become a bigger tourist attraction in 2025 after being recommended as a stellar destination by Vogue and CNN. Both publications signal that their choice for Romania was determined by the overtourism noticed in other locations. “The lifestyle editors at Vogue thought long and hard about the best places to travel in […]
The American Chamber of Commerce in Romania (AmCham Romania) expresses its concern over the fiscal measures announced by the Government, but also about the immediate deadline for their implementation, January 1, 2025, which puts the business environment in a difficult situation and further affects economic predictability and investor confidence."Over the past five years, AmCham […]
Romania has become a full member of the Schengen Area at midnight, in the night between Tuesday, December 31, and Wednesday, January 1.Thus, after joining the free movement space with its air and sea borders, as of Wednesday, Romania also joined the Schengen area with its land borders.According to the General Inspectorate of the Border […]
