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Romanian defence minister pleads enhanced bilateral cooperation to Italian counterpart

July 5, 2016

Defence Minister Mihnea Motoc stressed in a meeting on Tuesday with his Italian counterpart Roberta Pinotti the need to consolidate the bilateral cooperation in defence, within the Consolidated Strategic Partnership of Romania and Italy. According to a release of the National Defence Ministry, the consolidation should proceed by developing and making permanent the political and […]

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Western Romania: Oradea Airport opens modern cargo terminal, eyes regional logistics role

Oradea Airport inaugurated its new cargo terminal on May 6 with the arrival of the first dedicated cargo flight, signaling the facility’s ambitions to become a key logistics hub in western Romania, eBihoreanul.ro reported. The flight, operated...

Swiss Artemis builds EUR 8 mln factory for joinery manufacturer Mondo Style in western Romania

Swiss industrial real estate developer Artemis Group announced that it had started construction on a EUR 8 million factory for window and door manufacturer Mondo Style, according to Ziarul Financiar. The factory is being developed in the Sânandrei industrial park in Timiş County. "We have obtained...

Sumitomo Electric Bordnetze fires 600 in Romania after closing down entire plant in Bulgaria last September  

Sumitomo Electric Bordnetze, a cable manufacturer for the automotive industry, will lay off 676 of its 1,712 employees at its factory in southern Romania (Drobeta Turnu Severin), according to the regional labor bureau AJOFM quoted by

Dacia Sandriders team take part in off-road demonstration on Romania’s Transalpina road

The Dacia Sandriders team, which made a spectacular debut in the Dakar Rally this year, came to Romania for an off-road demonstration on the highest road in the country, the Transalpina.  Drivers and co-drivers Pablo Moreno, Cristina Gutiérrez, Édouard Boulanger, Sébastien Loeb, and Fabian Lurquin took part in the event organized by Dacia.  The five […]

Political crisis in Romania delays tax reforms

Since the interim Government that manages the public administration in Romania after the resignation of PM Marcel Ciolacu is not entitled by the law to endorse emergency ordinances, the restrictive fiscal package expected by the European Commission under the Excessive Procedure (EPD) cannot be passed by the Romanian authorities. For this reason, the European Commission […]

The economic plans of Romanian presidential candidates Nicuşor Dan and George Simion

Nicuşor Dan and George Simion propose sharply contrasting economic strategies ahead of Romania's presidential election. Economic online portal Economica put together the key...