Mihail Kogalniceanu International Airport Constanta has investments of 17.2 million euros, Bogdan Artagea the general manager of the airport declared for News.ro. The institution has also a feasibility study for a passenger terminal of 647,000 euros included in the investment program, showing whether the construction of a new terminal was opportune or the existing one should be modernized. More money – 1.42 million euros - is foreseen for the modernization of the guard corps and for the extension of the airport check point (120,000 euros). The tender for the feasibility study of the passenger terminal will be over by the end of November and will have to be completed in four months. In the first 10 months of the year, the airport recorded a traffic of 7,639 landings and takeoffs, on the rise by 1,000 compared to the same period of 2020 (6,460 in 2020) and 44.692 passengers, 15.21% more than in the same period of 2020. The airport has now 263 employees.
Romanian Finqware (17th), Questo (18th), Footprints AI (21st), and Steepsoft AI (28th) are among the fastest-growing technology startups in the region, included in the main category of the Deloitte Technology Fast 50 Central Europe 2025 ranking. The ranking measures the growth rate between 2021 and 2024. This year's ranking, now in its 26th edition, is […]
Verbund Wind Power Romania, the Romanian subsidiary of Austrian energy company Verbund, has selected a consortium comprising Prime Batteries Technology and Enevo Group for the supply and integration of a new Battery Energy Storage System - BESS with a capacity of 76 MWh and an absorption/delivery capacity of 48MW. Verbund operates a 226 MW wind […]
The union at the Automobile Dacia automobile factory in Mioveni expressed concern about the administration's proposal to reduce production, starting in January 2026. The production is reportedly planned to be reduced to 55 units per hour, from 65 units currently, according to the company's employees speaking for Europa FM, as reported by
Romanian prime minister Ilie Bolojan announced on November 21 that a decision will be taken in December regarding the minimum turnover tax (IMCA) applied to companies with a turnover of EUR 50 million or more, whose 16% profit tax falls below 1% of turnover, Economica.net...
Prime minister Ilie Bolojan, in a press conference on November 21, said that Romania took steps to protect the interests of state company Romgaz, which holds 12.2% in the Trident Black Sea offshore perimeter operated by Russia's Lukoil. He said that the authorities in Bucharest "collaborated" with the Office of Foreign Assets Control (OFAC) within […]
Kazakhstan's national oil and gas company, KazMunayGas, is set to partially divest its European assets, which include KMG International (KMGI, formerly Rompetrol Group) with Romania's largest refinery, Petromidia (4.8 million tonnes refining capacity), in its portfolio. KazMunayGas plans to sell up to 50% of its European holdings, according to
