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.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
