Cyber threats against our national infrastructures are becoming increasingly dangerous and sophisticated, Israeli Ambassador to Romania, Lior Ben Dor, told a speciality forum on Tuesday."I am greatly honored to open this forum where Romania and Israel will focus on strengthening and expanding their partnership in cyber security. As we all know, cyber threats against our national infrastructures are becoming increasingly dangerous and sophisticated. That is why we must unite, why we must work together, we must collaborate to protect our nations against those threats. This partnership that you are creating here is just a natural extension of the partnership, friendship, cooperation and mutual support already existing between Romania and Israel," said the Israeli official.He added that his goal, as ambassador, is to "develop and strengthen the partnership and cooperation between the two countries" in order to "protect us in the fields of cyber security".The Embassy of Israel in Romania, in partnership with the Israel Export and International Cooperation Institute (IEICI), is organizing, on Tuesday, the event "Romania - Israel Homeland & Cybersecurity Forum"."Israel is known worldwide as a pioneer in the field of security. With considerable experience in the development and implementation of security solutions, the 14 companies that will participate in this year's HLS & Cyber in Bucharest have proven that they can provide effective and flexible answers to complex challenges. The forum aims to provide a framework for presentations and technology demonstrations, facilitating the exchange of ideas and exploring opportunities for collaboration between Israeli companies and key national security institutions/companies in Romania," the organizers note.
The Ministry of Development proposed to the government to analyse the opportunity to develop an investment program dedicated to the economic recovery of small towns with a population of under 25,000 in non-metropolitan areas. The financial support for the development of these towns has been so far fragmented, and competition with large cities for funds proved […]
Prime minister Ilie Bolojan said on November 6 that he hopes that the ruling coalition will manage to legislate by the end of this month the rest of the second package of budgetary measures, namely the public administration streamlining law and the law on magistrates' pensions. Unless the law on the public administration is legislated, […]
Japanese group Makita announced that it will reduce production of power tools in China for the US market due to the unpredictability of US tariffs and move this production to factories in Romania and Thailand, according to Nikkei Asia, as reported by Economica.net. The Japanese group reported business of almost EUR 640 million locally...
The Competition Council has outlined a series of concerns related to the transaction through which the Schwarz group, which operates the Kaufland and Lidl store chains in Romania, intends to take over the La Cocoș stores, according to a press release quoted by
Romania’s flag carrier, Tarom, has requested the government to disburse a new tranche of restructuring state aid approved in 2024 to address the current liquidity deficit, Profit.ro reported. The company argued that, because of late payment penalties...
Retail sales volume contracted by 2.3% q/q in Q3, resulting in a 0.3% y/y decline in Romania (the second negative reading since the Covid-19 pandemic), visibly dragged down by the real wages that contracted by 3.7% y/y in July-August (latest data available) after +2.2% y/y in Q2, +4.6% y/y in Q1 and around 9%-10% y/y […]
