The US-based Greenbrier company, which owns three wagon factories in Romania, announced that it is closing its production unit in Arad. “Due to the difficult and accelerating challenges in the local market, Greenbrier Romania intends to cease its production operations, carried out at the Arad factory. This decision was influenced by several factors, including increasing pressures from the industry, increasing operational costs compared to other factories, but also logistical constraints related to the age of the unit and the urban environment,“ the company announced in a press release. “Greenbrier Romania will continue to consolidate its production operations at the Caracal and Drobeta Turnu Severin factories. This strategic realignment reinforces Greenbrier’s long-term commitment to the railcar production line in Romania. The company intends to continue investing in these work units to support their long-term development. Existing orders will be fulfilled from these locations, and procurement and logistics strategies will be adjusted according to needs,” the company’s announcement continues. The company also has a production unit in Caracal, Olt County and Drobeta-Turnu-Severin, Mehedinti County. In addition to the factories in Romania, Greenbrier Europe also owns three factories in Poland and one in Turkey. Greenbrier Companies is an American publicly traded transportation manufacturing corporation headquartered in Lake Oswego, Oregon, United States. The company acquired 75% of the shares of Astra Rail Industries, which operated the Arad railcar factory, for 60 million euros.
Romania will remain a staunch ally in NATO while focusing on defense investments, newly-elected president Nicușor Dan said after a call with NATO secretary general Mark Rutte. “Romania will continue to be a staunch ally. At the same time, we count on @NATO to deliver ironclad security for Romania. We will focus on defense investments […]
The central Romania city of Brașov will turn into the third entry point to the long-distance trail Via Transilvanica, after Putna and Drobeta Turnu Severin, according to Biz Brașov. The trail, which spans some 1,400 km at the moment, starts in the northern Romania region of Bucovina, at Putna, crosses Transylvania, and ends at Drobeta […]
The European Commission has revised down its economic forecast for Romania, predicting a modest GDP growth of just 1.4% in 2025 - below the 2.5% projected in its previous autumn outlook. The updated Spring Forecast also anticipates a slight recovery to 2.2% in 2026, but warns that economic momentum could be constrained by rising uncertainty […]
The Ministry of Culture announced on Monday, May 19, that it signed a financing contract for the ePatrimoniu project, a major initiative aimed at digitizing Romania’s cultural heritage and making it more accessible to the public. Backed by over EUR 24 million in funding, the project is set to create a digital platform that centralizes […]
Turnover reached approximately EUR 23 million in 2024. The EPC division generated 90% of the company’s revenue last year. In 2025, Enexus aims to exceed 600 MW of total installed renewable energy capacity Enexus, an integrated EPC company specialized in fast execution of mid to large-size photovoltaic projects with storage capabilities, announces...
Nicușor Dan, a mathematician and civic activist turned politician and mayor of Bucharest, made history by becoming Romania's new president as an independent candidate, securing 53.6% of the vote in a landmark election. His victory over far-right contender George Simion signals a renewed commitment among Romanian...
