The Royal Air Force of Great Britain will start an air policing mission in Romania this week, informs the Ministry of National Defence (MApN).According to the MApN, the certification ceremony of the detachment deployed in Romania to carry out reinforced air policing missions will take place on Tuesday, in Mihail Kogalniceanu Air Base 57.Members of the MApN leadership, the ambassador of the United Kingdom of Great Britain and Northern Ireland in Bucharest, Giles Portman, representatives of the NATO Air Operations Centre (CAOC) Torrejon and of the British Royal Air Force, as well as the deputy chief of Staff of the Romanian Air Force were invited to the event.The British detachment, made up of approximately 220 pilots and technical staff and six Eurofighter Typhoon aircraft, will carry out enhanced air policing missions under the command of NATO, in the next four months, together with Romanian Air Force airmen.This is the fifth rotation at Mihail Kogalniceanu of the British Royal Air Force, after those carried out in 2017, 2018, 2021 and 2022.Joint air policing missions contribute to the development of reaction and deterrence capacity, as well as to the strengthening of interoperability between the Romanian Air Force and the British Royal Air Force.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
Producer Ada Solomon has been elected chair of the board of the European Film Academy, marking the highest level of representation the Romanian film industry has achieved within the institution. Solomon was chosen by more than 5,400 Academy members across Europe, according to the official announcement. Dutch producer Leontine Petit and French producer Matthieu Darras […]
