Hanwha Aerospace Romania has presented an industrial package worth €1.3 billion aimed at strengthening Romania's defence capabilities and positioning the country as a production and innovation centre in the European defence industry.
The latest escalation involving Iran has shifted markets away from “pure macro” indicators—rates, inflation and growth—and back toward geopolitics as a primary driver, according to an analysis by Freedom24.
Falcon Defence, part of Falcon Group, has announced its entry into the Romanian market with the launch of an integrated production platform for energetic materials and artillery ammunition.
Hanwha Aerospace Romania has begun construction of a factory in Petrești, Dâmbovița county, to produce K9 self-propelled howitzers and K10 ammunition resupply vehicles.
Romania has finalised a landmark contractual framework with German defence giant Rheinmetall for the construction of a new ammunition powder factory in Victoria, Brașov County.
Turkish defense tech supplier Havelsan and Karel Europe, the Romanian subsidiary of Karel, have signed a strategic Memorandum of Understanding (MoU).
Ministers meeting in Luxembourg welcome the Action Plan presented by President Calviño to update the definition of dual-use projects and extend EIB credit lines.
Romania has achieved a significant victory at the International Centre for Settlement of Investment Disputes (ICSID) in Washington regarding the Bucharest-based Casa Radio project.
Romania's Ministry of Finance is conducting its fourth public offering of Fidelis government bonds this year, running from April 14 to 21 on the BVB. .
Foraj Sonde Videle has announced the acquisition of Raffles Energy, a British holding company that owns two Romanian energy companies active in natural gas and electricity production.
Romania is launching its most ambitious industrial policy package in recent years, featuring nine state aid schemes with an estimated budget of €5 billion by 2032,
Romania's annual inflation rate climbed to 9.87% in March from 9.31% in February, driven by an 11.05% increase in services, 10.89% rise in non-food goods, and 7.67% growth in food prices, according to data published by the National Statistics Institute (INS).