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.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
