At a NATO Summit in Washington DC on Tuesday, Romania's Defence Minister Angel Tilvar on Tuesday joined other 16 NATO member states in signing a Memorandum of Understanding on the Alliance Persistent Surveillance from Space (APSS) programme.According to the Defence Ministry (MApN), in the current security context of diverse and interconnected challenges, space technologies are essential for achieving defence objectives.The APSS programme will provide the necessary framework for future developments in the space field to the benefit of the organisation and its member states providing a common perspective on this new operational field and an adequate response to new threats, according to MApN .The Memorandum of Understanding establishes the necessary framework for the management and implementation of the APSS programme, in order to meet NATO's requirements and needs."This initiative underlines Romania's commitment to modernising and strengthening our national and collective capacities. By joining the APSS Programme, we will ensure continuous and effective surveillance from space, vital for rapid responses to new security threats. Romania is interested in participating in such projects that promote innovation and ensure access to cutting-edge technologies," said Tilvar.The APSS programme is designed to improve and accelerate operational situational awareness and support decision-making within NATO by increasing access to data, services and space capabilities.Officially launched in 2023, the "Alliance Persistent Surveillance from Space" initiative is intended to strengthen NATO's capabilities to collect and manage space data in an efficient and coordinated manner.According to MApN, this innovative initiative wants to change the way NATO collects, processes and distributes intelligence, integrating advanced technologies such as artificial intelligence, maintaining technological advantage and improving decision-making speed and efficiency.
Céline Gauer, the director general of the Recovery and Resilience Task Force (or RECOVER) at the European Commission, arrived in Romania on Tuesday, July 15, to meet with officials regarding the implementation of the National Recovery and Resilience Plan, or PNRR. As the coordinator of the PNRR, which offers funding in the form of advantageous […]
Aluminium producer ALRO, a subsidiary of Vimetco PLC from Cyprus, celebrated 28 years on the Romanian stock exchange (BVB) and 60 years of uninterrupted industrial activity. Its market capitalization has increased nearly 21 times since its listing and now exceeds RON 1 billion. The company’s history began with the first batch of Romanian aluminium, on June […]
Something is quietly shifting in Romania. In places where paperwork, patchy Wi-Fi, and long queues once ruled, change is starting to show. Towns are more connected, cities are getting smarter, and essential services are beginning to live online, not in line. A tidal wave of digitisation is common to other areas of the globe, that’s […]
Several segments in Romania's A7 and A8 highway projects have lost funding from the National Recovery and Resilience Plan (PNRR) due to project delays, the minister of investments and European projects, Dragoș Pîslaru, announced on Tuesday, July 15, as reported by Biziday.ro. He did not specify which segments of these highways were affected. The statement […]
Real estate developer Redport and businessman Dan Șucu officially inaugurated the showroom for their latest residential project, Vitality Est, and announced the start of construction work on the site near Pantelimon Park and Lake in eastern Bucharest. The project, estimated at EUR 50 million, will include 500 apartments and 400 square meters of commercial space. […]
According to an analysis from real estate consultant Colliers based on National Bank of Romania data, Romanians spent more than EUR 3 billion on international travel in the first four months of 2025, 15% more than in the same period of 2024. If the current pace continues, Romanians’ spending on foreign holidays and business travel […]
