Romania starts mobilization exercise for reservists in Bucharest, IlfovRomania’s Defense Ministry kicked off the “MOBEX Bucharest - Ilfov 26” mobilization exercise on Monday, October 5, calling some 10,000 army reservists in the region to military units for one day of training. The reservists being called up are between 43 and 63 years old. According to the (…)
Chinese car brand LEPAS enters Romania, plans 24 dealerships by 2027Chinese automotive brand LEPAS entered Romania with the opening of its first showroom in Sibiu and the launch of the L8 plug-in hybrid SUV. Materom, its exclusive Romanian importer, plans to expand the network to 12 dealerships by the end of 2026 and 24 in 2027. The brand currently has eight (…)
PwC: Romania's M&A market reaches EUR 2.3 bln in third quarterRomania’s mergers and acquisitions market reached an estimated EUR 2.3 billion in the third quarter of 2026, 2.2 times the value recorded in the same period last year, according to PwC. A total of 93 transactions were announced, representing a 52% annual increase. The market value includes the (…)
Romania's ailing Mangalia shipyard up for sale at lower priceThe previous auctions were held at the market value of EUR 184 million, excluding VAT, while the new starting price has been cut to EUR 138 million, according to News.ro. Paul Dieter Cîrl?naru, general director of CITR, told News.ro that if there are no offers at 75% of the market value, (…)
Nova Power&Gas says it joined LNG memorandum at Romanian government's requestThe company’s statement, as reported by Economica.net and Profit.ro, came amid a political controversy triggered by reports in The Wall Street Journal and The Financial Times that US Ambassador to Greece Kimberly Guilfoyle pressured Romania to buy American LNG and suggested that the US had been (…)
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