Romania to sign EUR 2.5 bln contract for 246 modern armored vehicles

The Romanian Ministry of National Defence is expected to sign a contract worth over EUR 2.5 billion this year for the purchase of 246 tracked infantry fighting vehicles (IFVs), Defence Industry Europe reported on May 6.  The deal represents the first phase …

Romania’s Prime Batteries plans second factory near Bucharest

Romania’s lithium-ion battery manufacturer Prime Batteries Technology, founded and controlled by Romanian entrepreneur Adrian Polec, confirmed plans for a second factory with an intended capacity of 6 GWh according to Profit.ro. The company reached a …

Chimcomplex sues Romania's Govt. for incomplete state aid disbursement

Romania's chemical group Chimcomplex Borzești (BVB: CRC) announced to its shareholders that it took legal action to recover the incomplete disbursement of a state grant of RON 73.6 million, spotted by the audit report of the financial statements for …

Interior Affairs minister appointed Romania’s interim PM

Cătălin Predoiu, the Interior Affairs minister and interim president of the National Liberal Party (PNL), has been appointed the interim prime minister, the Presidential Administration announced. PM Marcel Ciolacu, the head of the Social Democrat Party ( …

Romania's Liberal and Hungarian parties back independent candidate Nicuşor Dan for president

The leaders of the National Liberal Party (PNL) decided, on May 5, with a unanimity of votes, to support independent candidate Nicuşor Dan in the second round of the presidential elections. Kelemen Hunor, the president of the Democratic Alliance of …

Romania Politics

Catalin Predoiu named acting PM of Romania

0 The interim president of Romania appointed an acting prime minister. After Marcel Ciolacu tendered his resignation on Monday, Ilie Bolojan on Tuesday morning signed the decree to name Catalin Predoiu as acting prime minister, who will fulfill these …

Romania names interim premier as turmoil deepens

Romania's liberal interior minister Catalin Predoiu has become interim premier, the presidency announced, a day after the prime minister's resignation deepened political tumult in the EU nation. Romania's pro-EU Prime Minister Marcel Ciolacu …

Romania in chaos as prime minister resigns

News Politics The hard right cruised to victory in Sunday’s presidential election first round, sparking the stunning announcement from socialist PM Marcel Ciolacu. Romanian Prime Minister Marcel Ciolacu said Monday he would resign, throwing the country …

Romania appoints an interim prime minister after the coalition's defeat in the presidential race

After Predoiu took office on Tuesday, the 56-year-old veteran politician said that Romania "must remain a resilient democracy, a country whose development objectives remain anchored in Euro-Atlantic values.” Romania held the rerun months after a top …