The Minister of National Defence, Vasile Dincu, received David Muniz, the charge d'affaires of the US Embassy in Bucharest, on Tuesday.The agenda of the discussions focused on bilateral relations for the next period, in the context of the implementation of the provisions of the Roadmap dedicated to cooperation in the field of defence for the period 2020-2030, reads a Defence Ministry press release sent on Tuesday.During the conversation, the two officials also addressed the current challenges of the security environment, with a focus on those in the Black Sea area, in the light of recent developments in the region, the quoted source said.The Romanian dignitary underlined the solidity of the Strategic Partnership and its importance for the modernization process of the Romanian Army and thanked the American partner for the very good level of bilateral cooperation.At the same time, the Romanian Minister of Defence conveyed appreciation for the US support on strengthening NATO's deterrent and defense position on the Eastern flank and in the Black Sea region, emphasizing the importance of this region in the equation of ensuring the security of the Eastern flank of the Alliance. (Photo:https://www.mapn.ro/fotodb/20220111_1/aaa)
Romania’s ruling coalition will make a final decision on the magistrates’ pensions law after president Nicusor Dan meets magistrates on November 18 and will most likely promote the law on public administration employment in Parliament next week, according to media reports from prime minister Ilie Bolojan and other sources familiar with the negotiations. The coalition […]
The restaurant chain with entirely Romanian capital, City Grill Group, announced that it ended the first ten months of the year with a turnover of EUR 63.5 million, up 13% compared to the same period last year. The results "confirm the group's stability in a year marked by challenges for the hospitality industry and consolidation," […]
Sphera Franchise Group (BVB: SFG), Romania’s largest food service operator, reported record third-quarter results for 2025, marking its strongest Q3 performance to date in terms of sales and profitability. The company said on November 17 that the improvement reflects stricter cost discipline and rising contributions from its operations in Italy and the Republic of Moldova. […]
Hidroelectrica (BVB: H2O), the largest state-owned company in Romania, recorded lower operational and financial results in the first nine months of 2025 compared to the same period last year, but in line with the amended budget approved on October 31. The company's net profit fell by 34% y/y, to RON 2.3 billion, and earnings per […]
State-controlled gas producer Romgaz (BVB: SNG) may officially submit a binding offer to acquire fertiliser plant Azomureș by the end of the year, provided the final stages of its due diligence process confirm the financial, legal, and operational feasibility of the transaction. The update was provided by Gabriela Mareș, Romgaz's Director of International Relations and […]
Turkish group Tosmur Grup is close to completing a second production unit at its starch factory in Medgidia, an investment of EUR 86 million that will double the site’s current capacity by the end of this year, Ziarul Financiar reported. The project expands the company’s operations in southeastern Romania,...
