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.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
