Tag: Romtehnica (2 articles)

Industry   |   22 July, 2025 at 6:49 AM

Romania secures €2 billion air defense deal

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).

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BT enters the ETF market

Banca Transilvania Group has entered the exchange-traded fund market by launching the BT Index Romania ETF BET-TR, managed by BT Asset Management.

Real estate

Millennials dominate Romania's mortgage market

Millennials aged between 30 and 45 contracted almost two-thirds of mortgage loans processed by Ipotecare.ro in 2025, according to an analysis based on over 1,000 intermediated financings and over 27,000 simulations.

Energy

Rețele Electrice Romania launches €12 million grid tender

Rețele Electrice Romania, part of the PPC group, has launched a tender worth up to RON 59 million (€12 million) for secondary stations in precast concrete enclosures. The equipment will be used in investment projects between 2026 and 2030.