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The government approved the TechUp Romania Program on Thursday, August 20. The initiative includes a new financing line worth more than EUR 1 billion, which aims to transform research into production and develop advanced technologies. The program focuses on areas with high added-value potential such as advanced computing, artificial intelligence, microelectronics and digital infrastructure;…
69 works by Pablo Picasso from the collection of the Musée Picasso, Antibes, will be on display in Timișoara, between September 17, 2026, and January 17, 2027, in a special exhibition that inaugurates the new Art Encounters space. The event, titled "Picasso en visite," will include 69 works – paintings, drawings, engravings, lithographs and ceramics. The exhibition starts from a particular moment…
Cris-Tim Family Holding (BVB: CFH), one of the largest players in Romania’s processed meat and ready-made meals market, reported revenues of RON 567.4 million for H1 2026, up 6%, and a net profit of RON 63.6 million, 34% higher compared to the previous year According to the company, the results were supported by the continued growth of the processed meat segment, which advanced by 7% compared to…
The British-Romanian Chamber of Commerce (BRCC) announced the appointment of Felicia Alexandru as Executive Director on Tuesday, August 18. The appointment comes at a time of growing economic relations between the two countries. Bilateral trade in goods and services reached GBP 10.4 billion in the four quarters ending at the end of March 2026, up 5.6% compared to the previous similar period,…
A Romanian F-16 fighter jet destroyed a maritime drone near the Neptun Deep offshore gas platform in the Black Sea on Thursday, August 20, interim defense minister Radu Miruță announced. The operation was ordered to protect several hundred people working at the site and secure the critical infrastructure, he said. According to minister Miruțǎ, the Coast Guard announced that the maritime drone was…
STRABAG Property and Facility Services (STRABAG PFS), a subsidiary of the European construction group STRABAG, agreed to acquire 100% of Romanian companies Brenneka Install and Samivo Instal. The transaction is expected to close by the end of 2026, subject to approval from the relevant authorities. The STRABAG subsidiary signed the acquisition agreement on August 11. The financial terms of the…
Households and companies in Romania could be financially rewarded if they agree to consume less electricity during certain periods, according to a new regulation approved by Romania’s energy authority ANRE, highlighted by Euronews Romania . Following the change, during periods when the energy system is under pressure, energy grid operator Transelectrica will be able to establish how much…
Romania’s National Environmental Guard announced that it closed an unauthorized wildlife facility in Dâmbovița County and issued fines totaling RON 220,000. The authority also filed a criminal complaint against the International Wildlife Foundation (IWF) after inspectors allegedly found animals kept in unsanitary and inadequate conditions, sometimes without food or water. The facility operated as…
Romanian flag carrier TAROM will name the second Boeing 737 MAX joining its renewed fleet after Olympic canoeing champion Ivan Patzaichin. The agreement allowing the airline to use his name was signed on August 19 in the presence of his wife and daughter. The first new Boeing 737 MAX entering TAROM’s fleet this year was named after legendary football coach Mircea Lucescu . Born into a fishing…
Fewer than 55,000 applications for jobs abroad have been registered by Romanian online recruitment platform eJobs from January to August, accounting for only 0.6% of the total applications on the platform this year. Compared to last year, candidates’ efforts to find a job abroad have decreased by almost 33% and are even half the level reached in 2022 or 2023. “In recent years, we have seen a…
