By U.S. Mission Romania The United States has approved the sale of AIM-120 AMRAAM missiles to Romania to provide advanced air-to-air capabilities for Romania’s Air Force. The initial sale is valued at approximately 180 million U.S. dollars, with the option to purchase additional missiles in the future. This sale builds on the Romanian Air Force modernization effort, with the AIM-120 missiles compatible with Romania’s F-16 aircraft as well as other U.S. and NATO aircraft including the F-35. U.S. Ambassador to Romania Kathleen Kavalec congratulated Romania for this important acquisition, which she noted will substantially increase the Romanian Air Force’s ability to defend Romanian territory and contribute to peace and stability in the region. Recalling her recent visit to the 86th Air Base in Borcea, she commented, “I was truly impressed to see Romanian F-16’s in action. This acquisition demonstrates the Romanian government’s strong commitment to security and defense.”
The average price per square meter requested by real estate developers and owners for residential units in Romania increased by 15% in 2025, with the highest rise seen in Craiova, according to a survey conducted by Imobiliare.ro, as reported by Profit.ro. ...
Authorities in Prahova County announced on Monday the full resumption of water supply in all 13 towns and communes that had been left without drinking water for more than a week due to problems at the Paltinu Dam, Bursa.ro reported. Residents, however, have been warned that the water is not yet safe for consumption...
Chances are slim for the Social Democratic Party (PSD) to pull out of the ruling coalition this year, maybe only if something extraordinary happens, according to a leading member of the party consulted by Hotnews.ro. The party is again exploring options after its...
The Romanian Senate on December 8 overwhelmingly rejected the president's objections to the bill on combating extremism, also known as the Vexler law. There were 75 votes for maintaining the amendments referred by president Nicusor Dan to the Constitutional Court in a first step and then returned to lawmakers for a second review,
In the first 11 months of 2025, Romania produced 2.5% fewer automobiles compared to the same period last year, Ziarul Financiar reported. The country's automobile production totaled 505,859 units during the period. Out of this, 275,527 units were produced by Dacia and 230,332 by Ford Otosan. In...
Franklin Templeton, the long-time manager of Fondul Proprietatea (FP), has formally notified the Bucharest Stock Exchange that it is now willing to negotiate a new four-year mandate, reversing its earlier decision to withdraw from the administrator selection process. According to the announcement, Franklin Templeton International Services - FP's alternative investment fund manager (AIFM) and sole […]
