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 corporate branch in Romania of PKO Bank Polski, the leader of the Polish banking system, will begin its operational activity on the local market in 2025, according to Ziarul Financiar. The Romanian daily announced in October 2023 that PKO Bank, the largest bank in Poland, with assets equivalent to 70%...
The Romanian Ministry of Energy announced that it notified the Foreign Direct Investment Review Commission (CEISD) regarding the transaction through which Hungary's state-owned energy group MVM intends to acquire the gas and electricity supply division of E.ON Energie Romania,...
At the monetary policy meeting of January 15, Romania’s central bank (BNR) maintained the monetary policy interest rate at 6.5%, which was in line with expectations. Amid persistent inflation risks and with no budget plan drafted by the government, the monetary authority thus prioritized a cautious stance over the need to encourage economic growth. “We […]
Ford Transit & Tourneo Courier, Ford Puma, and the new Dacia Duster led Romanian car production to a record volume of over 560,000 cars, according to calculations by Ziarul Financiar based on information from the car market and Ford Otosan's stock exchange report. The volume thus brings a 10% increase...
Romania's industrial output in the 12 months to November 2024 contracted by 2% y/y, according to data published by the statistics office INS. The contraction was slightly softer (-1.6% y/y) in the core manufacturing sector, with the segment of utilities (-4.4% y/y) dragging down the overall performance. Most likely, the industrial output in Romania ended […]
A film festival presenting films awarded by ecumenical juries of international festivals and an exhibition centering on the book as an art object are among the options on the Bucharest agenda. In Bucharest: Filmikon January 18 – January 24 The second edition of the event screens a selection of films awarded over the years by […]
