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.
Prime Batteries, the only local battery manufacturer and one of the few active in Europe, has established a joint venture with the South Korean company Top Material to produce active material, a key element in the production of batteries. The unit is in South Korea. Top Material is also a shareholder in Prime, with a […]
Franklin Templeton, the administrator of Fondul Proprietatea, has launched 16 Franklin Templeton Investment Funds (FTIF) on the iFonduri platform, expanding access to investment solutions for individual investors in Romania, according to Ziarul Financiar. The iFonduri platform, launched on Thursday, December...
Some companies in the BETPlus index are expected to deliver an average dividend yield of 3.6% in 2026, down from the 4.1% projected for a similar selection last year, according to an analysis by the TradeVille Analysis Department, Bursa.ro reported. The estimates are based...
The American company Critical Metals, which concluded an agreement with the Romanian state-owned company Nuclearelectrica for the partnership construction of a processing plant in Feldioara for the rare earths that the former extracts from Greenland, is actually controlled by the Romanian businessman Frank Timiș, who was, among other things, behind the Roșia Montană project, according […]
West Beton, part of West Group, produced and delivered, through its three production sites, more than 200,000 cubic meters of ready-mix concrete in 2025. Over 90% of total deliveries went to residential projects, including HILLS Nord, the third phase of Nusco City, and developments by companies such as Hagag or Pedro Construct. The rest of […]
The government has added four more companies to the list of the first 17 that entered the reform process and the analysis of the Interministerial Committee for Supporting the Implementation of Reform 9 (CNR9), led by deputy prime minister Oana Gheorghiu. These are CNCAF Minvest, Romaero, CNMPN Remin, and Avioane Craiova, companies from the portfolio […]
