Minister of Economy, Digital Transformation, Entrepreneurship and Tourism Bogdan Gruia Ivan was on a working visit to the municipality of Barlad - Vaslui County on Friday to discuss with the county and local authorities solutions for the county's reindustrialization.The minister visited the Barlad Bearings Factory where he asked the company's management to seek licensing for becoming a supplier to the defense industry, as plans are afoot for Romania to become a major defense industry manufacturer."Thanks to large infrastructure investments in the past three years, Barlad will be less than 60 kilometers from the Moldova motorway. We are looking for solutions for the capital area, for working capital for industrial companies, including the Barlad Bearings Factory, which is a landmark company with an incredible history. It is one of the three factories in Europe with an almost complete in-house production cycle. For us, this factory represents a priority. With the construction of the motorway and the reconstruction of Ukraine ahead, the entire northern and eastern area of Romania will develop. We agreed with the bearing manufacturer to start procedures to license the factory to become a defense industry supplier, which is extremely important. In the 2025 budget we already have RON 1 billion earmarked for investments in Romania's military industry, in production. It only follows naturally that we want to turn Romania into one of the major producers for the defense segment," said Bogdan Gruia Ivan.President of the Vaslui County Council Ciprian Trifan emphasized the need for investments in the area, stating that opening local industrial parks is a major option in this regard.
The Titan Heavy Machinery (Mașini Grele) industrial platform in Bucharest’s District 3 will be put up for public auction, as part of the insolvency procedure, with a starting price of EUR 16 million. The assets include a 47,286 sqm plot of land, industrial halls with a total area of 34,870 sqm, an office building (Basement […]
Railway unions in Romania criticized the government’s plans to cut costs for the national railway operator, CFR, in a press release published on Wednesday, July 23. They say that low investments in rail infrastructure have lowered the average speed at which passenger trains travel to 44 km/h, while freight trains do not exceed 17 km/h. […]
A video mapping show is scheduled to take place this Friday, July 25, at Cinema Marconi, a former cinema hall in Bucharest which has been lying in ruins for years. The building is located at the intersection of Calea Griviței and Atelierului Street, in the city's historical Buzești-Berzei area. The event, organized by the non-profit Arcen, will […]
Roughly 69% of respondents to the Voice of the Consumer 2025 survey conducted by PwC Romania use apps or smart devices, which have influenced their daily habits, with a third even stating that they have significantly changed their lifestyle. The use of health monitoring devices, such as smartwatches or glucose monitors, shows that Romanians are […]
The Oradea Pride March will take place, even though Oradea City Hall has "banned" the event, according to the organizers, the ARK Oradea Association. Oradea City Hall denied ARK’s request to hold the march, citing public works and other public gatherings on each of the 11 proposed routes. No alternative routes were proposed, but the […]
Romania and Poland stand out as the most pet-loving countries in Europe, with high percentages of ownership for both cats and dogs. Romania ranks first for cats and third for dogs, while Poland ranks second in both categories, according to an analysis by Swedish website for feline lovers Kattly, cited by Reuters. The analysis shows […]
