Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. CSAT: Romania, directly interested in domestic defence production,...

CSAT: Romania, directly interested in domestic defence production, additional measures to combat security threats

October 17, 2024

 Romania is directly interested in having industrial facilities on its soil that can secure the production of modern defence technology is one of the conclusions of a meeting on Thursday of the Supreme Council for National Defence (CSAT) that also tackled taking additional measures to deter and combat security threats.Also featuring on the agenda of the CSAT meeting was an analysis of recent developments in Russia's aggression against Ukraine."Their impact on regional security in the Black Sea was analysed, with significant implications at European and Euro-Atlantic level, and additional measures to deter and combat security threats were discussed, to be implemented at national level, as well as with NATO support inside NATO," the Presidential Administration said.CSAT also discussed the Romanian armed forces acquisition plan in 2025 - 2034.They concluded that the major change in the regional security situation generated by the aggressive posture of the Russian Federation has led to the rethinking, reprioritisation and reconfiguration of the acquisition plans concerning the defence capabilities necessary to counter the new threats, including by increasing the acquisition of combat ammunition."In order to protect the essential security interests and ensure the security of supply, Romania is directly interested in having industrial facilities on its soil that can ensure both the production of modern military equipment for equipping the forces in peacetime and keeping the purchased equipment in operational condition, as well as the manufacture and development of new equipment that contributes to the multiplication of capabilities in crisis or war situations".An increase in defence spending is said to also generate a direct effect on the Romanian industry, which has the opportunity to initiate a process of transformation, retooling and adaptation by attracting new highly performing technologies and know-how through collaboration with internationally renowned companies.At the same time, the CSAT looked at the options for strengthening Romania's strategic partnership with Moldova, highlighting the risks to efficiently and consistently manage Moldova's European integration process.During the discussions, the major opportunities arising from the process of Moldova's accession to the European Union were highlighted, as well as the challenges it faces amid hybrid actions of the Russian Federation and the war of aggression waged against Ukraine."These threats and risks generate, in almost all cases, implications for Romania as well. Therefore, the main foreign policy objective of our country in relation to the Republic of Moldova is to support and ensure the irreversibility of its European path by supporting the implementation of reforms and necessary public policies, based on a strengthened bilateral strategic partnership."CSAT also reviewed and approved the National Plan for the Implementation of the European Union's Civilian Compact in the field of Common Security and Defence Policy (CSDP), following the adoption of a new Civilian CSDP Compact by the European Union.The Civilian CSDP Compact is designed to make civilian missions more capable, more effective, flexible and responsive and more joined up with other EU instruments in light of the changed security environment. The aim is to strengthen the EU's capacity to deploy civilian crisis management missions.The document will facilitate Romania's more effective involvement in civilian CSDP missions and capitalise on the experience gained by the country's specialists, given that the participation of Romanian representatives in CSDP missions is part of the national contribution to increasing the EU's role as a global actor.  (Photo:https://www.presidency.ro/)

Read in full - click here
Romanian Social Democrats elect new leadership, only one candidate running for party leader

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 […]

Black Friday sales processed by PayU Romania top EUR 100 mln by early afternoon

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 […]

Romanian smartphone retailer Contakt to launch IPO on Bucharest Exchange

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 draws fewer foreign tourists than in the communist era, Travel Agencies Association warns

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 launches two new ETFs on the Bucharest Stock Exchange

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 […]

Romania, Bulgaria and Republic of Moldova approve Maspex’s takeover of Purcari Wineries

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 […]