Romania news

Austrian construction group Strabag SE said it has signed an agreement to fully acquire Romanian railways builder BAWI Construction.

Romania’s average net monthly wage fell by a real 6.5% year-on-year in April, following an annual 5.1% decrease in March, the statistical office said on Friday.

Net investment in Romania's economy increased by 4.8% in the first three months of 2026, reaching 41 billion lei ($9.07 billion/7.83 billion euro), according to provisional data released by the statistical office on Friday.

If there is one thing the Ukraine war demonstrated to the world, it is that a new defence layer has emerged between the ground forces and the aerial capabilities: the drones’ layer. With lower upfront capital investment than usual aerial defence systems, serious dual-use properties and vital strategic significance, production of unmanned aerial vehicles (UAVs), integrated defence systems and related technologies in Southeast Europe (SEE) is expanding. Both private companies and governments are investing in new drone capabilities amid global tensions. New factories and international partnerships are emerging across the region, in response to growing demand.

After spending decades slowly (and for the most part - silently) upgrading its defence manufacturing, Southeastern Europe is suddenly seeing a significant expansion in the field, with over EUR 3 billion in private and industrial investments recently announced across the region. The majority of those - over EUR 2 bln - are concentrated in Romania. This push is driven by EU-backed efforts to increase ammunition output and upgrade military infrastructure in response to the war in Ukraine and ramp up production of artillery shells and other essential equipment, which prompted governments and companies to revive or expand domestic capabilities.