The President of the Senate, Ilie Bolojan, had a meeting with the representatives of the American company Lockheed Martin, one of the world leaders in the defense industry and aerospace technology."The discussions focused on topics of common interest, in particular technology sharing and economic partnerships. The meeting confirmed the mutual commitment to support innovation and research. The two delegations discussed the investment that Lockheed Martin is considering for the development of a factory dedicated to the production of high-capacity batteries at Sinteza Oradea, together with the national industry, as well as the implementation of research programs, including artificial intelligence", reads a release posted on Monday on the website of the Senate.According to the cited source, the company aims to develop the project in Romania into a European hub in the field of energy efficiency and security, and the research and the necessary components to be carried out with research institutions and companies in Romania.The president of the Senate assured the representatives of Lockheed Martin of institutional support for the implementation of this investment.
Romania’s green startup ecosystem is gaining more and more momentum, driven by a skilled workforce, reforms aligned with EU policies, and the climate emergency, according to a report prepared by Startarium and Impact Hub Bucharest. In 2024, there were over 2,300 startups in Romania, with a total estimated value of approximately EUR 19 billion. Romania […]
The global IT hub established by JTI in Romania has expanded from 140 employees at the beginning of the year to 170 currently, and is set to exceed 200 by the end of 2025. Located in Bucharest, the hub is one of JTI's six technology centers worldwide. The experts in Bucharest provide Digital and IT […]
French-born virtual reality esports center EVA VR has recently opened its Bucharest location, promising a realistic and immersive combat esports experience suitable for corporate team-building events, birthday parties, and various other events. Inaugurated on June 7, the new location is part of an international network, Esports Virtual Arenas, which was established roughly 5 years ago. […]
Investment group ROCA acquired a 20% minority stake in the Adrem energy group, following approval from the Romanian Competition Council. Announced on Tuesday, August 12, the transaction will support Adrem’s strategic development and scaling plans. The investments will be primarily directed towards the expansion and diversification of EPC (Engineering, Procurement, and Construction) projects, the development […]
Romanian students spend an average of 13 hours a week on homework, almost twice as much as their peers in Nordic countries, according to data from the OECD’s PISA 2022 study, quoted by ParentED. Finland ranks at the bottom in Europe with just six hours per week, while countries such as Switzerland, Denmark, and the […]
Three foreign citizens suspected of stealing jewelry and other goods during the Untold Festival in Cluj-Napoca were caught by Romanian police officers at the airport. The three, two men and one woman, all between the ages of 30 and 46, were detained while attempting to fly to Barcelona. Police from the Cluj-Napoca Criminal Investigations Bureau […]
