A Diehl Aviation factory producing components for the aeronautics industry was inaugurated on Wednesday in Almaj, Dolj County, within the Craiova metropolitan area.The new production unit will manufacture parts for commercial passenger aircraft, supplying programmes run by major global aerospace manufacturers, including Airbus, Boeing, Bombardier and Embraer.Craiova Mayor Lia Olguta Vasilescu said the investment confirms the region's growing appeal for high-value projects: "The fact that a global leader in aircraft systems and components - a partner of Airbus, Boeing, Bombardier and Embraer - chose to invest here shows that Craiova and the entire region have become an attractive destination for high value-added investments. Craiova was selected for its strategic position, continuously developing transport infrastructure and well-trained workforce supported by our universities and high schools. Craiova International Airport, the Craiova - Pitesti Expressway and the future expressways to Targu Jiu and Calafat are major advantages for investors."According to the mayor, the factory will initially create up to 500 jobs, with staffing expected to increase as operations expand.Dolj County Council president Cosmin Vasile said the investment demonstrates the county's appeal to major international companies:"The County Council is a partner for the entire business environment. Our policy is to develop, attract new companies and create jobs. We will build a new industrial park - the largest project undertaken by a county authority in southern Romania - where we aim to bring important companies. I thank Diehl Aviation for the trust shown in Craiova. I am convinced this is only the beginning of a long-term partnership and that the investment will strengthen the city's position as one of Romania's key industrial and technological centres."Germany's ambassador to Romania, Angela Ganninger, also attended the ceremony, calling the factory opening a significant milestone for the region's economic and industrial development: "I warmly congratulate the entire Diehl Aviation team and their Romanian partner, Global Vision. Your investment is proof of the strong economic ties between Germany and Romania, as well as the attractiveness of Craiova and Dolj County for German businesses. Robust infrastructure has been a key factor in attracting more German companies to Romania in recent years. Here, it includes access to major transport routes, proximity to Craiova International Airport, a variety of industrial parks and a skilled workforce from top regional universities. Germany and Romania are close political, cultural and economic partners, and the high level of trust between our countries is reflected at all levels."
Bucharest, 6 August 2026 – Wolf Theiss advised the shareholders of three companies active in the electrical power industry (i) Electroechipament Industrial S.R.L., (ii) Electroechipament S.R.L. and (iii) General Equipment Automation S.R.L., on the sale of their shares to Adrem Group, one of the largest contractors and service providers in the...
The VARD shipyard in Tulcea, eastern Romania, has completed the construction of the hull of “Discovery,” the largest vessel intended for the installation of submarine cables and the first such project delivered by the VARD group for the Japanese market. The ship, valued at over USD 200 million, will have an important role in the […]
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control over Dante International of Romania by South African investment fund Naspers Limited. "The Commission concluded that the notified operation does not raise competition concerns, as the companies are not active on the same markets or on markets that are in […]
This August, turn your stay into a journey of complete relaxation at Corinthia Grand Hotel du Boulevard Bucharest, one of Romania's most prestigious luxury hotels. Located in the heart of Bucharest at 21 Regina Elisabeta Boulevard, the hotel revives the elegance of the historic Grand Hôtel du Boulevard, beautifully restored while preserving its Belle Époque […]
European governments allocated an estimated EUR 130.2 billion, or 0.69% of their combined GDP, to research and development in 2025, according to a Eurostat analysis published on Friday, August 7. The sum represents an increase of 2.4% compared to 2024 (EUR 127.14 billion) and an increase of 60.5% compared to 2015 (EUR 81.13 billion). In […]
The European Investment Bank (EIB) is lending EUR 100 million to the leasing subsidiary of BRD Groupe Société Générale to expand financing for businesses in Romania. The goal is to facilitate financing for Romanian SMEs and Mid-Caps, which face greater hurdles in accessing long-term funding than their counterparts in many other European Union countries, EIB […]
