General Gheorghita Vlad, the chief of Staff, mentioned on Wednesday the necessity to strengthen the institution of national defence and consolidation of the NATO position to deter and defend, in the context of the ‘probability’ to escalate conflicts, including of those of military nature."Our forecast of tomorrow's reality includes developments and scenarios, some of which involve the likelihood of escalating conflicts, including military ones. To reduce the likelihood, we continue to rely on the deterrent effect of a credible national and allied defensive capability. That is why we are continuing to press the accelerator pedal to strengthen the institution of national defence and to reinforce NATO's deterrence and defence posture," said Gheorghita Vlad at the opening of the Black Sea Defence Exhibition. He added that the diminution of the present challenges of security need the continuation of the measures for the increase of the reaction capacity, through the appropriate endowment of the army.‘We are in peacetime, but the current reality is marked by complex security challenges (…). The diminution of the present challenges for security and meeting the challenges of the future requires continuing the responsiveness we are now achieving. A considerable party of this effort is reserved to the endowment of the force structure. The dynamic nature of the war will be counteracted by the ability to have at any moment efficient equipment through credible military procurement. At present, the Romanian Army needs a rational balance between classic equipment and new technologies, which is of major importance’ the general said.
The European Investment Bank and the government of Ukraine have agreed to allocate EUR 50 million from EIB funding to Ukraine's national railway company, Ukrzaliznytsia, for the modernization of key railway border crossings with Poland, Slovakia, Hungary, and Romania. The project includes repairs to worn-out railway tracks, the relocation of wagon inspections, the reconstruction of […]
Medicover has acquired the operations of the lab tests provider Synlab Group in Romania, Turkey, Cyprus, Slovenia, Croatia, and North Macedonia in a transaction worth EUR 71.3 million, the company announced. The transaction was financed from Medicover's own sources. It was carried out by Medicover for its diagnostic services division, present in Romania under the […]
On Wednesday, April 2, eVOTE, the platform for electronic participation in the General Shareholders’ Meetings of the companies listed on the Bucharest Stock Exchange, launched the platform extension with eVotePRO. The facility is the first electronic voting solution designed for institutional investors in Romanian companies to participate in and vote during the GSM of the […]
On the weekend of May 17–18, 2025, the beach of Constanța will become a hotspot for runners from across the country and abroad as it hosts the anniversary edition of the Sand Marathon. Now celebrating a decade of existence, the event combines sports competitions for all skill levels with recreational activities for families, children, and […]
Romania’s electric car market dropped 58% in March compared to 2024, mainly due to the postponement of the implementation of the new Rabla Program and uncertainties regarding the voucher value for electric cars. As such, fully electric cars accounted for just 2.75% of total new car registrations last month. The registration figures, examined by Profit.ro,...
Former president Ion Iliescu and ex-prime minister Petre Roman will stand trial over their involvement in the 1990 miners' riot (Mineriada) case, the General Prosecutor's Office announced on Wednesday, April 2. The case concerns the violent repression of the protests against Ion Iliescu's regime in mid-June 1990, only six months after the 1989 Romanian Revolution. The...
