Romania secures €535 million defence deal for new munitions factory
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.
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.

The National Institute of Statistics (INS) has revised the economic performance for the first nine months of 2025.
Retail trade volume in Romania remained flat in November 2025 compared to the previous month, according to the latest data released by Eurostat.
Romania's Energy Minister Bogdan Ivan announced that discussions with operators about removing gas price caps began in September to prepare multiple scenarios and prevent sudden price increases after March 31 2026.
Erste Group has completed its acquisition of a 49% controlling stake in Santander Bank Polska and a 50% stake in Santander Towarzystwo Funduszy Inwestycyjnych from Banco Santander for approximately €7 billion.
Romania's residential market is showing a significant acceleration in price growth compared to the European average, based on the Eurostat data for Q3 2025.