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Confindustria brings together in Bucharest companies and institutions from the Balkans. A New Internationalization Strategy in the Balkans and Eastern Europe

October 13, 2016

Wednesday, 19th of October 2016, will take place in Bucharest, the General Assembly of Confindustria Balkans, the federation that includes Romania, Bulgaria, Serbia, Bosnia, Albania and Montenegro. Confindustria Balkans is the federation of the Italian business associations in the Balkans area. It was founded on 13th of October 2010 to make the Italian economy in […]

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Romania takes first step to increase penalties for violating protection orders

The Romanian Senate adopted a draft law that automatically extends provisional protection orders and increases penalties for violating them on Monday, October 27. A total of 120 votes were recorded in favor. The bill extends provisional protection until the resolution in the first instance of the request for it, amending Law no. 217/2003 on preventing […]

Romanian drone manufacturer BraveX.Aero enters partnership with German company to develop autonomous drone swarms

BraveX Aero, a Romanian manufacturer of fixed-wing, long-range drones, announced on Tuesday, October 28, the signing of a strategic partnership with Germany’s Uniq Things UG, a technology company specializing in autonomous coordination and software for drone swarms. The technology allows for the simultaneous deployment of multiple drones, contributing to increased information and response capabilities for […]

First edition of “Halloween in the Citadel” in Sighişoara takes place this weekend

The medieval citadel of Sighişoara, in central Romania, will host the first edition of the “Halloween in the Citadel” festival. The event will take place this weekend, between October 31 and November 2. The entire city center will be decorated in the spirit of Halloween with the ocassion. The towers and historic houses inside the […]

One in ten Romanians live in severely inadequate housing, report shows

Romania ranks among the European Union countries with the highest share of people living in severely inadequate housing, according to new data compiled by Monitorul Social, a project of the Friedrich-Ebert-Stiftung Romania, based on Eurostat figures for 2023–2024. The report showed that 9.6% of Romania’s population lives in conditions classified as “severe housing deprivation,” meaning...

Haier’s factory in Romania up for sale

Haier Tech Europe is selling its manufacturing plant near Ploiești, in Romania’s Prahova county, as part of a broader restructuring of its European production network. The company has appointed real estate consultancy Colliers as the exclusive consultant for the transaction. The decision follows Haier’s recent strategic review, which led to the discontinuation of operations at […]

Romanian agricultural company Agroserv Măriuța launches EUR 3 mln secured bond issuance on BVB

Romanian agricultural company Agroserv Măriuța, owner of the Lăptăria cu Caimac brand, announced the launch of a private placement for a new corporate bond issue with a value of up to EUR 3 million on Tuesday, October 28. Denominated in euros, the bonds will have a nominal value of EUR 100 each, a fixed annual […]