The standing bureaus of the two Chambers of the Parliament decided, on Tuesday, to send the Ministry of National Defense (MApN) the preliminary approval decision for the initiation of the procedure for awarding the purchase contracts for 44 amphibious assault vehicles type AAV-7.The MApN requested that Parliament grant, in line with legal procedures, the preliminary approval to start the procedures for awarding the purchase contract for the 44 amphibious assault vehicles type AAV-7, and the Parliamentary Defense Committees decided on October 1 to approve this request."Through the Decision of the Country's Supreme Defense Council No. S-82 of May 16, 2024, the Memorandum regarding the addition of amphibious assault vehicles type AAV-7 was approved. (...) According to the request, in order to implement the Endowment Plan of the Romanian Army, the Ministry of National Defense continues the steps for the acquisition of new military hardware that will contribute to the modernization of the army and the improvement of operational capabilities, having as its essential objective the fulfillment of its missions and obligations", reads the address to the parliamentary defense committees, sent to the joint standing bureaus.At the same time, the endowment with military hardware for the creation of flexible force structures, with means to ensure survival in the tactical field, with mobility and extended situational knowledge and increased firepower has in view the operationalization of the capability targets assumed within the NATO process and EU defense planning for the achievement of the objectives of the Program related to the transformation of the Army until the year 2040, the document reads.According to the quoted source, the program consists in the acquisition of 44 amphibious assault vehicles type AAV-7 from the inventory of the United States Marine Corps, through the Foreign Military Sales (FMS) security assistance program. The value of the presented purchase contract was estimated at 270 million dollars, without VAT, based on the supporting data collected, the exact value to be determined after the purchase procedure.
Romania has dropped ten positions in the 2025 ranking conducted by the defense-focused publication Global Firepower, which compiles a list of the world's most powerful armies based on various indicators every year. In 2024, Romania was ranked 41st in the list of 145 countries, while now it is ranked 51st, with a power ranking of […]
The 19th Gopo Awards Gala, celebrating the achievements of Romanian cinema, will take place on April 29 in Bucharest, according to an announcement by the Romanian Film Promotion Association. A total of 38 feature films, including fiction and documentaries released in 2024, have met the eligibility criteria and are now in the running for nominations. […]
NXP Semiconductors N.V. secured a EUR 1 billion loan from the European Investment Bank (EIB) for the company’s research, development, and innovation (RDI) projects in Austria, France, Germany, The Netherlands, and Romania. The financing will support NXP’s RDI projects aimed at various end markets including automotive, Industrial, and Internet of Things (IoT) for the period […]
Bucharest's two main airports, namely the Henri Coandă International Airport and Aurel Vlaicu Bucharest-Băneasa International Airport, recorded air traffic of over 16 million passengers in 2024, an increase of 9.22% compared to 2023. Additionally, there were 134,700 aircraft movements (landings and takeoffs), up 4.75% from 2023, according to data from the Bucharest National Airports Company […]
Romanian tennis player Jaqueline Cristian, ranked 82nd in the world, advanced to the third round of the Australian Open on Thursday, January 16, after defeating Italy's Lucia Bronzetti in two sets 7-5, 7-5. The match lasted two hours and four minutes, according to News.ro. This marks the...
The corporate branch in Romania of PKO Bank Polski, the leader of the Polish banking system, will begin its operational activity on the local market in 2025, according to Ziarul Financiar. The Romanian daily announced in October 2023 that PKO Bank, the largest bank in Poland, with assets equivalent to 70%...
