Hanwha starts K9 howitzer factory construction in Romania
Hanwha Aerospace Romania has begun construction of a factory in Petrești, Dâmbovița county, to produce K9 self-propelled howitzers and K10 ammunition resupply vehicles.
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's industrial production fell 1.1% as a gross series and 0.5% as a seasonally adjusted series in the first 11 months of the year compared to the same period in 2024, according to the National Institute of Statistics (INS).
Romanian business managers across key sectors forecast a moderate decline in economic activity for December 2025 to February 2026, according to the latest survey from the INS.
Industrial production prices (domestic and external markets) increased by 8% in October 2025 compared to the same period in 2024, according to data published by Romania's National Institute of Statistics (INS).
New orders in the total manufacturing industry (domestic and foreign markets) saw a nominal decrease in August 2025, falling by 28.5% compared to July 2025.
Symmetrica, the Romanian maker of vibro-pressed pavers and kerbs, has appointed Liviu Stoleru as its new CEO.
Romanian metal company Lio-Metal has opened a €5 million manufacturing facility in Galați. The greenfield investment was backed by financing from ING Bank.
Diehl Aviation, the German system supplier of aircraft system and cabin solutions, is set to broaden its global footprint by establishing a new production site in Romania.

The Romanian Parliament voted to dismiss the government led by Prime Minister Ilie Bolojan on Tuesday.
The Romanian leu depreciated on Tuesday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.2180 lei, up 0.35%, recording a new historic high.
IT Hit, a Romanian IT services company specialising in ERP, CRM, and business management systems, has announced a reseller partnership with Druid AI, a provider of AI agents for higher education, healthcare, retail, banking, and insurance sectors.
Raiffeisen Bank Romania concluded Q1 2026 with a net profit of RON 367 million (€73.4 million), a decrease of 12.2% versus Q1 2025.
The Romanian leu depreciated on Monday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1998 lei, up 1.1% from the previous rate, recording a new historic high.