Romania: Romanian company completes modernisation of 19 electric (…)

June 17, 2026

Romanian company completes modernisation of 19 electric locomotives under PNRR
Jun 17, 2026

Romanian company completes modernisation of 19 electric locomotives under PNRR.

RELOC Craiova, part of the GRAMPET Group, has completed the modernisation of 19 ELASMO electric locomotives under a project financed through (…)

[Read the article in Romania-Insider]

SEE ALSO IN ROMANIAN NEWSPAPERS

Romania unlocks talks with Serbia on third Iron Gates hydropower project Romania’s government on June 18 approved the negotiation and signing of a memorandum of understanding (MoU) with Serbia to facilitate information exchanges on the proposed Djerdap (Iron Gates) 3 pumped-storage hydropower plant on the Danube, following an invitation by the US Embassy in Serbia to (…)

Romanian government exercises pre-emption right on Black Sea gas from OMV Petrom The Romanian government, through the National Administration of State Reserves under the General Secretariat of the Government, has exercised its pre-emption right over part of the natural gas to be extracted by OMV Petrom from the Black Sea starting in 2027, according to Economedia.ro. The (…)

Same five bidders enter second round for Romania's Liberty Gala?i steel mill Five companies have registered for the June 19 auction for the Liberty Gala?i steel plant, formerly Sidex, with the list of bidders unchanged from the first round held three months ago, according to News.ro. The starting price has been reduced to EUR 444 million from EUR 709 million, while the (…)

Romanian government approves EUR 1 bln scheme to support manufacturing Romania’s government has approved a program worth RON 5.3 billion (EUR 1 billion) aimed at boosting domestic production, according to a statement published by Finance Minister Alexandru Nazare on his official Facebook page. The scheme, initiated by the Ministry of Finance, is the first major (…)

Romanian PM-designate Vestea defers nomination vote amid insufficient support The Social Democratic Party (PSD) will decide on Sunday, June 21, whether to join the ruling coalition cobbled together by prime minister-designate Adrian Vestea, PSD president Sorin Grindeanu announced on the morning of June 18, according to Curs de Guvernare. At that time, PM-designate Vestea (…)

Portugal, Slovakia to provide drone defense equipment to Romania, president says Portugal and Slovakia expressed their availability to provide Romania with drone defense equipment as part of efforts to consolidate security on NATO’s Eastern flank, president Nicu?or Dan announced on June 18. The two countries join the United States, France, Italy, and Spain, which already (…)

LTA Mondial Becomes Largest Romanian-Owned Company Among Top Three Grain Producers In Country LTA Mondial ranks third among the largest grain production companies, with revenue of 429 mil. lei in 2025, up more than 9% from the previous year, according to ZF calculations based on public data.