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.
AnimaWings, the Romanian airline founded in 2020, has introduced new all-inclusive service packages on both international and domestic flights, marking what the company describes as a first in its onboard offering. The packages, named Priority All Inclusive and Priority All Inclusive Plus, combine baggage, meals, drinks, premium seating, and airport priority services into a single […]
Property developer M Core has opened M Park Orăștie, a new retail park developed on a 23,000 sqm plot in an established commercial area of the Romanian city. The project delivers around 5,500 square meters of single-level retail space, designed to accommodate a mix of fashion, homeware, electronics, and everyday essentials retailers. The company said […]
More than 80% of the electricity production capacity of the new nuclear reactors in the works in Romania could power a Black Sea AI Gigafactory project, according to a plan laid out by the government. Romania has already secured financing and partners to develop units 3 and 4 at the Cernavodă nuclear power plant, with […]
The Institute for the Investigation of the Crimes of Communism and the Memory of Romanian Exile (IICCMER) has issued a public appeal to president Nicuşor Dan and prime minister Ilie Bolojan to demonstrate “firmness in decision-making” in order to counter what it describes as an “increasingly insidious phenomenon of pro-totalitarian nostalgia,”
AFI Romania, part of the leading real estate development, management, and investment company operating across Central and Eastern Europe, AFI Group, announced that it secured a EUR 537 million refinancing package for three major projects in its portfolio: AFI Cotroceni, AFI Brașov, and AFI Ploiești. The three projects included in the refinancing are among the […]
State-controlled Hidroelectrica (BVB: H2O) allegedly supplied electricity for years to politically connected companies and religious institutions without issuing invoices or collecting payments, according to public data analysed by investigative platform Recorder. The supplies...
