The minister of National Defence, Angel Tilvar on Thursday welcomed the president of the defence industry in Turkey, Haluk Gorgun, the two addressing the opportunities for collaboration between the companies in the field from the two countries, the Ministry of National Defense informs in a press release.During the meeting that took place at the headquarters of the ministry, the two officials also discussed the latest developments in the technical-military cooperation between Romania and Turkey.Minister Tilvar emphasized the importance of joint projects carried out both in a bilateral context and within NATO, in order to strengthen the security of the Black Sea area, a topic that was also on the agenda of the discussions held recently in Ankara, on the sidelines of the first meeting of the Romania - Turkey High Level Strategic Cooperation Council."As NATO allies in the Black Sea region, it is very important to strengthen cooperation in the technical-military field, in order to be able to meet the requirements regarding the equipment of the armed forces. A consolidated Romanian defence industry is necessary, considering the specifics of the security situation in our region," minister Tilvar said.He appreciated the "very good" level of cooperation between the Romanian and Turkish armed forces on all components, stressing the important role that the Black Sea Mine Action Group - MCM Black Sea will have for the safety of navigation routes in the area.At the end of the meeting, minister Tilvar highlighted the consistent participation of prominent Turkish companies at the Black Sea Defense & Aerospace Exhibition (BSDA 2024), an aspect that contributes to strengthening the dialogue between companies in the defence industry in Turkey and Romania.
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...
Altex Romania will develop in the following year the DIY chain Brico Dépôt by securing ownership of the rented stores, upgrading the entire chain, and opening three to five new stores per year after the transition year 2026, Altex founder, main shareholder, and CEO Dan Ostahie announced after his company took over the do-it-yourself chain […]
The government announced it selected, on November 27, a president and two vice-presidents for the Agency for Monitoring and Evaluation of Public Enterprises' Performance (AMEPIP). The action was a milestone under the Resilience Facility due November 28, after the expiry of the six-month extra time allowed by the European Commission, with a EUR 330 million […]
Romania's Ministry of Finance published for debate the draft emergency ordinance (OUG) on the second budget rectification of this year on the evening of November 27. According to the document, the general government budget deficit will remain at 8.4% of GDP, Hotnews.ro reported. Central government budget revenues for...
