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.
Bistriţa, a city in northern Romania and a former Saxon burg, has been included in the UNESCO Creative Cities Network (UCCN), in the newly-established category of Architecture. This creative field adds to the seven existing ones: Crafts and Folk Art, Design, Film, Gastronomy, Literature, Media Arts, and Music. Bistriţa is one of 58 cities that […]
Real estate developers building residential projects in Bucharest’s District 1 will now be required to contribute financially to the construction of elementary schools in areas lacking educational facilities, the district’s City Hall announced on October 31, Profit.ro...
A bipartisan group of senior members of the United States Congress is preparing legislation to block the Pentagon’s plan to downsize the American military presence in Romania and other NATO outposts along the alliance’s eastern flank,
Prime minister Ilie Bolojan announced that he would not attend the “Prime Minister’s Hour” debate scheduled in Parliament for November 3, citing prior commitments related to Romania’s defence industry partnership with Germany’s Rheinmetall AG. The session had been requested separately by the opposition Social Democratic Party (PSD) and the nationalist Alliance for the Union of […]
Agroserv Măriuța SA (BVB: MILK), a Romanian company in the agricultural sector and owner of the Lăptăria cu Caimac brand, announced the successful closing of the private placement for a new issue of guaranteed corporate bonds, through which it attracted the entire targeted amount of EUR 3 million. “This transaction allows us to refinance the […]
Austrian bicycle manufacturer Simplon will open a new production facility in Timișoara, western Romania, in early 2026, as part of a restructuring plan that will see a partial relocation of operations from its headquarters in Hard, Vorarlberg, Der Standard reported, as cited by Ziarul Financiar. The...
