The shareholders of Romanian onshore drilling company Foraj Sonde Videle (stock symbol: FOJE) on July 23 approved an increase in the 2026 investment program to EUR45 million from EUR35 million.
Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, is strengthening its partnership with Aukera Energy, by advising the developer on securing financing for the second phase of the battery energy storage system (BESS) project at Gura Ialomiţei, Romania, through a EUR48.5 million agreement with the International Finance Corporation (IFC).
Lockheed Martin signed two Memorandums of Understanding (MoUs) with Aerostar and MarcTel at the 2026 Farnborough Air Show, held on July 21, to support industrial cooperation for future AN/TPQ-53 radars in Romania.