The deployment of US troops in Romania is proof of US solidarity and commitment towards the Black Sea region, said on Monday Romania's Defence Minister Angel Tilvar at a meeting with US ambassador Kathleen Kavalec.According to the Defence Ministry (MApN), the meeting of the two officials offered an opportunity to address important defence subjects, including the current security situation in the Black Sea and Middle East regions, the modernisation plans for the 57th Mihail Kogalniceanu Air Base and prospects for bilateral defence co-operation.Tilvar thanked the American official for constant dialogue and close coordination, essential aspects in a constantly changing security environment, which further strengthen the strategic partnership between the two nations.He also reiterated the importance of the presence of US troops in Romania that rounds up NATO's deterrence and defence capabilities, appreciating the professionalism of the US forces."This deployment is yet another proof of US solidarity and commitment to the Black Sea region, and persistent contribution is fundamental in deterring Russian actions in the region," he said.Both officials also concluded that providing continued multidimensional international assistance is essential to support Ukraine in its defensive effort and restore regional and international order and stability.At the end of the meeting, both sides agreed to continue dialogue in order to develop common priorities in the run-up to the NATO Summit in Washington in July.
Gold has been one of the most sought-after assets for centuries, and in the modern era, it has become a highly popular component of investment portfolios. A preferred asset for protection against economic risks, gold has delivered attractive long-term returns, increasing by approximately 8% per year over the past two decades. Since the end of […]
JTI Romania is the Top Employer for the 12th year in a row, being ranked third amongst 44 companies locally awarded, after an assessment conducted by the Top Employers Institute. The company was rated for about 20 criteria such as leadership, talent acquisition, on-boarding, digital HR, work environment, career development, learning, ethics & integrity, diversity, […]
Romanian defense minister Angel Tîlvăr stated that the contract for the Patriot system, which will replace the one ceded by Romania to Ukraine, is expected to be signed in February. The minister commended the decision of the United State government to approve the delivery of three Patriot systems to Romania. Raytheon stated it will collaborate […]
Romanian companies are entering 2025 with cautious optimism, focusing on managing risks and controlling costs, according to the Deloitte 2025 Romania CFO Survey conducted at the end of last year among approximately 130 Chief Financial Officers (CFOs). Most of the Romanian CFOs predict an increase in revenues for this year (58%), but their share has […]
Several employees of the Romanian Senate began protesting and booing while the president of the upper Chamber was announcing that staff restructuring would be implemented to reduce public spending. Ilie Bolojan, president of the National Liberal Party and head of the Senate, announced a reduction in the organizational chart from 796 positions to 618 positions. […]
The members of the Romanian angel investor network TechAngels put EUR 2.757 million in direct investments in tech startups in the second half of 2024, almost triple the amount invested in the year's first half. The investments for the entire 2024 rose to EUR 3.777 million, a 25% year-on-year increase. The rounds backed by TechAngels […]
