Romania's Foreign Minister Luminita Odobescu and US Secretary of State Antony Blinken had a telephone conversation on Thursday to discuss the regional security situation, including the violation of Romania's airspace following Russian attacks on Ukrainian river ports, Romania's Foreign Ministry (MAE) reports.The two officials also touched on Russia's attack on a merchant ship carrying grain in the Black Sea.Odobescu welcomed the support and solidarity of the US and its allies with Romania and underscored the importance of keeping the developments in the Black Sea and the region in NATO's constant attention. She welcomed her US counterpart's reiteration of the U.S. commitment to defend every inch of NATO territory. She added that the allies "must implement all the commitments pledged in order to ensure the security of the Euro-Atlantic space, in general, and of the Black Sea region in particular."The two officials also discussed recent developments in the support they provide to Ukraine against the illegal and unjustified aggression of the Russian Federation. The American side reiterated its appreciation for Romania's decision to donate a Patriot system to Ukraine, a donation of particular importance amidst the continuation of Russian air attacks against Ukrainian civilian infrastructure.Blinken underlined the US commitment to continuing measures to strengthen Romania's defence capability. Both officials reiterated their support for Moldova in its efforts to reject Russia's hybrid actions, which are aimed at influencing the outcome of the October electoral processes.
Gold has been one of the most sought-after assets for centuries, and in the modern era, it has become a highly popular component of investment portfolios. A preferred asset for protection against economic risks, gold has delivered attractive long-term returns, increasing by approximately 8% per year over the past two decades. Since the end of […]
JTI Romania is the Top Employer for the 12th year in a row, being ranked third amongst 44 companies locally awarded, after an assessment conducted by the Top Employers Institute. The company was rated for about 20 criteria such as leadership, talent acquisition, on-boarding, digital HR, work environment, career development, learning, ethics & integrity, diversity, […]
Romanian defense minister Angel Tîlvăr stated that the contract for the Patriot system, which will replace the one ceded by Romania to Ukraine, is expected to be signed in February. The minister commended the decision of the United State government to approve the delivery of three Patriot systems to Romania. Raytheon stated it will collaborate […]
Romanian companies are entering 2025 with cautious optimism, focusing on managing risks and controlling costs, according to the Deloitte 2025 Romania CFO Survey conducted at the end of last year among approximately 130 Chief Financial Officers (CFOs). Most of the Romanian CFOs predict an increase in revenues for this year (58%), but their share has […]
Several employees of the Romanian Senate began protesting and booing while the president of the upper Chamber was announcing that staff restructuring would be implemented to reduce public spending. Ilie Bolojan, president of the National Liberal Party and head of the Senate, announced a reduction in the organizational chart from 796 positions to 618 positions. […]
The members of the Romanian angel investor network TechAngels put EUR 2.757 million in direct investments in tech startups in the second half of 2024, almost triple the amount invested in the year's first half. The investments for the entire 2024 rose to EUR 3.777 million, a 25% year-on-year increase. The rounds backed by TechAngels […]
