Romania’s Ministry of Defense will invest nearly EUR 90 million to modernize the airbase at Câmpia Turzii. The project includes a munitions and spare parts depot, among others.
A public tender will be launched to build the operational area infrastructure at Barracks 1833 Câmpia Turzii (Phase II).
The implementation period is set at 66 months, funded through the state budget.
“The project aims to establish the minimum facilities necessary to safely operate a squadron...
Romanian transport minister Sorin Grindeanu claimed that another 250 kilometers of highway and express road will be opened to traffic in 2025. If the promises are fulfilled, Romania will reach nearly 1,500 kilometers of high-speed road this year, and will hit the milestone of 2,000 kilometers of highway over the next three years. "Last year, […]
Banca Transilvania (BT), the biggest financial group in the country, said that it successfully completed its merger with OTP Bank Romania, strengthening its position as the market leader with a 23% market share. The integration boosts BT's assets by 9%, its loan portfolio by 13%, and expands its presence, particularly in Bucharest and central Romania. […]
Drone fragments found on March 1 in Romania’s south-eastern Galați county are of Russian origin and carried an active combat payload, the Ministry of National Defense (MApN) announced in a press release. The fragments were found 500 meters from the border with the Republic of Moldova. The explosive payload was detonated...
Rates of decline in output and new orders soften Stocks of purchases increase for the first time on record Sharp and accelerated rise in input costs, but charge inflation cools Latest data provided signs that the decline across the Romanian goods-producing lost momentum midway through the opening quarter of the year. Although conditions remained challenging, […]
If Russian president Vladimir Putin, who invaded Ukraine in 2022, is not stopped, "he will certainly go to Moldova and perhaps further, to Romania," French president Emmanuel Macron warned in an interview with several French newspapers quoted by Le Monde. The statement came after the...
The government of Romania will continue to cap the price for "a large part of the electricity purchased by the Republic of Moldova" from domestic producers in Romania, acting president Ilie Bolojan declared during a press conference held in Chisinau on February 28 with counterpart Maia Sandu,
