Romania is set to enhance its defense capabilities with the acquisition of state-of-the-art F-35 fighter jets from the United States, https://defence-blog.com/ informs. Defense Minister Angel Tilvar announced that Romania aims to sign an intergovernmental agreement with the U.S. this fall for the purchase of these advanced aircraft. As a member of both the European Union and NATO, Romania has been keen to upgrade its military hardware. In September, Romania declared its intention to procure 32 F-35 jets from Lockheed Martin for an estimated $6.5 billion. The deal includes not only the aircraft but also logistics and training services, flight simulators, and ammunition. The first planes would not be delivered before 2030. Until then, Romania has bolstered its air force with 32 second-hand F-16 fighter jets from Norway, supplementing the 17 acquired from Portugal since 2016. Romania, a NATO member since 2004, shares a 650-kilometer border with Ukraine. The nation has experienced several incidents of Russian Shahed-type drones crashing within its territory amid ongoing attacks on Ukrainian ports along the Danube River. In June, Romania announced its decision to donate a Patriot air defense system to Ukraine. This contribution is part of a broader commitment by NATO states to provide Kyiv with five such systems and other strategic air defense units as Ukraine continues to fend off Russia’s invasion, which has now persisted for 28 months.
The Bucharest Municipal Electoral Office announced late Monday, November 17, that it has validated 17 of the 20 candidacies submitted for the capital’s race for the general mayor seat, including those of the main contenders. Two applications were rejected, and one was postponed for further review,
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 […]
