Romanian President Traian Basescu told private television Pro TV he pointed out during his visit to the United States that Romania cannot afford to buy F16 fighters without a long-term financing solution.
Private equity fund MidEuropa announced the sale of Regina Maria Group, the healthcare network operating under the Regina Maria brand in Romania and the MediGroup brand in Serbia, to Mehiläinen, the Finland-born private healthcare provider also present in Sweden, Germany, Lithuania, and Estonia. The sale, which the company described as "the largest ever healthcare services transaction in Central Europe," is […]
Romania's natural gas group Romgaz (BVB: SNG) reached an agreement to increase by RON 10.3 million (EUR 2 million) the value of the contract with troubled company Duro Felguera of Spain, which is building the 430 MW Iernut gas-fired power plant. The money will go to General Electric, a subcontractor of Duro Felguera. The new […]
German group Hengst Filtration, which took over a factory in southern Romania in 2023, announced that it completed the transfer of the production equipment and reported a EUR 11 million turnover for the first year of operations, according to Profit. ...
The head of South Korea's Defense Procurement Agency (DAPA), Seok Jong-gun, discussed with local authorities Romania's plans to acquire new military equipment and strengthen cooperation in the defense industry, according to news agencies Yonhap and Agerpres. Romania and South Korea have recently intensified...
Romania's underground economy has been on a downward trend in recent years, reaching 13.1% of GDP in 2023 (1 percentage point above the global average), from 31.3% of GDP in 2000, 19.5% in 2013 and 15.1% in 2019, according to estimates included in a global study on the topic published by the consulting firm EY. […]
Two sovereignist candidates, namely the leader of the far-right Alliance for the Union of Romanians (AUR), George Simion, and former Social Democratic (PSD) prime minister Victor Ponta, are in the first two positions in the race for the presidential office in a Verifield poll commissioned by Bucharest mayor Nicușor Dan and presented on Monday, March […]
