Romania’s industrial output plunges 3.3% y/y to new record low in August

Romania’s industrial output volume index contracted by 3.3% y/y in August, after it boosted positive annual growth rates over the previous three months, according to data published by the statistics office INS. The negative annual growth rate came...

Heads up! Microsoft’s Xbox Ally and Ally X handhelds now available and shipping from $600

From $600 Update: Microsoft’s new Xbox ROG Ally and ROG Ally X PC gaming handhelds are now available to purchase. Best Buy currently has them in stock and shipping with prices starting at $599.99 shipped for the standard Xbox ROG Ally. More...

Brussels unveils its plan for defence 'independence' - in production only

The European Commission on Thursday said that its newly-unveiled defence roadmap paves the way for the bloc to reclaim its security independence - at least materially. The 16-page paper builds on months of discussions between the Commission and...

Apple signs 650 megawatts of clean energy deals across Europe

Apple announced on Tuesday contracts for 650 megawatts of renewable power across Europe, alongside a separate investment initiative in China. The new European energy capacity is intended to offset power consumption by the company’s customers and...

Romania makes seventh foreign private placement this year, reaching EUR 3.3 bln

Romania raised EUR 500 million through a 5-year private external placement with the help of Bank of America as an arranger, towards the end of September, according to Ministry of Finance data consulted by Ziarul Financiar. The interest was set at...

Authentic Romania – 5 essential trips

Dan Dinu is the founder of the Romanian Nature Photographers' Organization. His perspective is not that of a simple visitor, but of an explorer who seeks the wild, authentic essence of the places he has been traveling through for years. Daniel...

Major Romanian ice cream maker Alpin sold by Food Union to Froneri under regional deal

Romanian ice cream maker Alpin 57 Lux, an entrepreneurial company taken over in 2016 by Lithuania's Food Union, will be sold under a regional deal to Froneri – a partnership between the Swiss agri-food giant Nestlé and the investment fund PAI...

Former consumer protection chief Cristian Popescu-Piedone indicted for allegedly warning hotel of inspection

Romania’s anticorruption prosecutors have indicted Cristian Popescu-Piedone, the former head of the National Authority for Consumer Protection (ANPC), for allegedly warning a hotel in Sinaia ahead of an official inspection. According to a...

German power tool manufacturer STIHL inaugurates EUR 125 mln factory in western Romania

The German STIHL Group has officially inaugurated its first production facility dedicated exclusively to battery-powered equipment in Oradea, western Romania, on Wednesday, October 15, after an EUR 125 million investment. Construction began in...

Danish Eurowind targets 1 GW in wind farms and BESS in Romania by 2030

The Danish company Eurowind, which has been present on the Romanian market for 14 years, will develop large-scale wind, photovoltaic, and battery projects in Romania. The target is 1,000 MW installed by 2030, and a third of the group's investments...

Lukoil refinery in Romania shuts down for 45-day maintenance overhaul

The Petrotel Lukoil refinery in Ploiești, in Romania’s Prahova county, will shut down completely for 45 days for a scheduled general overhaul, the company announced on Thursday, October 16. The maintenance work will take place between October 17...

Municipality in southern Romania takes EUR 380 mln EIB loan to develop PV park

The Turceni City Hall signed on Tuesday, October 14, a financing contract with the European Investment Bank (EIB) for a project that aims to create a renewable energy hub, Economica.net reported. The project, worth a total of EUR 380 million, is...

Cristian Geanaliu, Executive Director, Global Markets, Garanti BBVA Romania: Inflation between monetary policy and fiscal reality

Cristian Geanaliu, Executive Director of Global Markets at Garanti BBVA Romania, analyzes the persistent inflation and the ongoing imbalance between monetary and fiscal policies shaping Romania’s economic outlook for 2026. Romania enters the last...

Pak ambassador designate to Romania calls on president

ISLAMABAD - Ilyas Mehmood Nizami, Pakistan’s Ambassador-designate to Romania, called on President Asif Ali Zardari at Aiwan-e-Sadr on Wednesday. The President congratulated Nizami on his appointment and said Romania is an important partner in...

How The Mass Production Of This Fighter Jet Keeps Its Price Down

The Lockheed Martin F-35 Lightning II is the most advanced fighter jet flying today. It boasts the world's greatest production numbers, with the asterisk that there are high levels of uncertainty around those of Chinese jets. This high level of...

Captain Andre Ludwig’s Journey: Why He Chose to Fly with Wizz Air Romania

Since its beginnings in 2003, Wizz Air has grown from a vision into a 243-aircraft strong, forward-thinking airline. Starting with its first Airbus A320-200, the fleet now includes A321s, A321neos and the latest A321XLR aircraft. Operating to 190+...

Romania’s Pavilion at Expo 2025 Osaka draws nearly one million visitors over six months

Romania’s national pavilion at Expo 2025 Osaka has welcomed more than 981,500 visitors over its 184 days of operation, the Ministry of Foreign Affairs (MAE) said on Tuesday, October 14. The pavilion, themed Romania – Land of Tomorrow, showcased...

Romanian electricity distributor Electrica completes Satu Mare 2 photovoltaic park

The state-owned Electrica (BVB: EL), one of the main players in Romania’s energy sector, completed the Satu Mare 2 photovoltaic park, a strategic project that marks an important step in diversifying the production portfolio. Located near the...

Romanian-born robotics startup in London secures USD 165 mln funding

Robotics startup Dexory, founded in London by Romanians Andrei Dănescu, Adrian Negoiţă, and Oana Jinga, has secured new Series C funding of USD 165 million, according to an announcement made on LinkedIn and quoted by Ziarul Financiar. The company...

Romania's Nadia Comăneci to have a new gymnastics hall in her name

Former great gymnast Nadia Comăneci was present at the start of construction for the gymnastics hall that will bear her name, a project carried out by the Țiriac Foundation in Otopeni. In the summer of 1976, a then-14-year-old Nadia Comăneci...