New car registrations in the EU saw a modest year-on-year increase of 1.6% in May 2025, reaching a total of 926,582 units. This growth comes despite a slight dip of 0.6%.
While battery electric vehicles (BEVs) hit a record 16% global market share in Q1 2025, driven largely by China, the transition to electromobility faces has slowed down in Romania.
Romania's Ministry of National Defence, through CN Romtehnica SA, and the Israeli company Rafael Advanced Defense Systems, signed a framework agreement for the acquisition of SHORAD-VSHORAD anti-aircraft systems, in a deal worth RON 10.33 billion (around €2 billion).
Oil major OMV Petrom and NewMed Energy Balkan have signed a rig contract for drilling two offshore exploration wells in the Bulgarian Black Sea.
Actis-backed Rezolv Energy, through its project subsidiary First Look Solutions, has secured incremental project finance facilities of up to €331 million.
Rodbun Grup, a local agribusiness company, has secured a syndicated credit facility with a state guarantee, totaling €17.3 million, to back its working capital and development plans.
Hidroelectrica has selected Waldevar Energy to implement a pioneering renewable energy initiative poised to become the largest floating photovoltaic (FPV) system.