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).
Under the contract, a large number of COBRA II 4x4 vehicles will be manufactured locally in Romania.
Iulius Dan Plaveti has taken over as Chairman of the Board and CEO of Hidroelectrica starting 10 June 2026, with his mandate running until 7 November 2027.
The gap between European and Romanian agricultural economic pressures widened in Q1 2026.
More frequent heatwaves, rising energy costs and concerns about indoor air quality are changing the way Romanians choose climate control solutions.
Romania's annual inflation rate climbed to 10.85% in May from 10.71% in April, driven by rising costs across all sectors, according to data released by the National Institute of Statistics (INS).
Visual Fan has completed the energisation phase of its Full EPC BESS project in Teiuș, featuring a storage capacity of 120 MWh.