Romania needs to change its attitude toward drawing foreign investment, as clear and balanced rules are needed for serious investors to find a predictable and attractive environment in Romania, says Finance Minister Alexandru Nazare.He met on Wednesday U.S. charge d'affaires in Bucharest Michael Dickerson."I think we need to fundamentally change our attitude toward drawing foreign investment. We need clear and balanced rules, so that serious investors may find in Romania a predictable and attractive environment. Increased investment means better paid jobs, modern infrastructure and the chance for Romania to capitalise on its potential. We will continue our dialogue with the American partners to bring as many projects and companies as possible to our country," Nazare wrote in a social media post.On the other hand, he added that Romania needs capital, technology and know-how, and the U.S. remains one of the important partners in this process."Consistent discussion today at the Ministry of Finance with Michael Dickerson, the U.S. charge d'affaires in Bucharest, about strengthening our strategic partnership and drawing more American investment to Romania. During the meeting with the U.S. Embassy team, we emphasised today our interest in public-private partnership (PPP) projects and in increasing foreign direct investment (FDI). Romania needs capital, technology and know-how, and the U.S. remains one of our important partners in this process."Nazare added that Wednesday's discussion took place after numerous actions and conversations to the same end previously carried out including with the US Department of Commerce and representatives of EU countries that have relevant experience in the public-private partnership.
The third edition of Taifas Balkan Film and Culture Festival, set to take place in Timișoara between October 13 and October 19, will include a retrospective dedicated to Romanian director Radu Jude. The public will be able to see the director's short films, in addition to a preview of his latest production, Dracula, presented at […]
Sursa International Light Art Festival, an event featuring immersive installations, projections, and light structures, will take place at the National Library of Romania from October 13 to October 19. The event brings together international and Romanian artists “in a visual dialogue about technology, architecture and sensitivity,” the organizers announced. “We wanted to build the opportunity […]
Romania’s Defense Ministry has signed a contract worth RON 50.4 million with Rheinnmetall Automecanica, a subsidiary of the German defense industry giant Rheinmetall, for the delivery of drone detection systems, Economedia.ro reported. The radar system will be delivered within 18 months at most and will reportedly be...
The former Steaua Roșie cinema in Cluj-Napoca will reopen as Edison-House of Music, a cultural hub dedicated to music and community, the organizers of the Jazz in the Park festival announced. Built in the early 1900s, the Edison building became, after World War II, the Steaua Roșie cinema. After 1989, the venue underwent several changes […]
Unprecedented amounts of precipitation have been recorded in Romania as cyclone Barbara hit the country on October 5-8, according to the authorities. At the same time, Bucharest exceeded the absolute maximum levels of rain for October. “Between October 5–8, 2025, Romania was affected by the Mediterranean cyclone Barbara, which formed over the Ionian Sea and […]
Romania is one of six European countries recently selected to develop a new artificial intelligence and supercomputing center under the EuroHPC – AI Factories program. The project, known as the AI Factory, will be Romania’s first national AI infrastructure, marking a major step toward strengthening its digital and research capabilities. The initiative will be led […]
