The Ministry of National Defence (MApN) announced on Thursday that three F-16 Fighting Falcon aircraft purchased by Romania from the Kingdom of Norway have landed at the General Emanoil Ionescu Air Base 71 in Campia Turzii in order to equip the 48th Fighter Squadron."This is the fourth series of three F-16 aircraft to arrive in the country, of those purchased by Romania from the Kingdom of Norway, together with the related package of goods and services. The finalization of the reception of the entire batch is estimated for the end of 2025," shows a MApN press release.According to the cited source, the acquisition of the aircraft and the package of goods and services will increase Romania's security by defending the national airspace and the eastern flank of the North Atlantic Alliance.The Romanian Air Force has previously received nine of the 32 airplanes that were purchased by Romania from the Kingdom of Norway.According to the Concept of the gradual realisation of the air defence capability, under the framework of the Multirole Aircraft of the Air Force programme, the Romanian Government has awarded the Government of the Kingdom of Norway the contract for the acquisition of 32 F-16 aircraft, with initial logistic support, and a complementary package of goods and services (from the Government of the United States of America). The aircraft will be delivered in operational condition, their available resources ensuring their operation for a transition period of at least 10 years to the fifth-generation F-35, the purchase of the Norwegian fighter jets becoming in fact a transfer of capability between two allied NATO countries, MApN said, on the occasion of the reception of the previous series of three F-16 Fighting Falcon from Norway in June. (Photo:https://ro.wikipedia.org/)
OMV Petrom, the second largest company listed on the Bucharest Stock Exchange, announced on September 16 that the Board of Directors proposes to shareholders the distribution of a special dividend in a gross value of RON 0.0200 per share, equivalent to approximately RON 1.246 billion (EUR 250 million). The company’s market capitalisation reached RON 53 […]
However, prices and lack of information discourage Romanians from making such purchases. More than half of Romanians (52%) say they adopt sustainable behavior in their daily lives and 53% frequently buy sustainable products, according to a study conducted by the BUCHAREST CENTER FOR ECONOMY & SOCIETY (CES Bucharest). The most sought-after sustainable products are food, […]
Romanian telecommunications group Digi Communications said on September 16 that it does not intend to cede control of any of its subsidiaries, including Digi Spain, amid reports that it is preparing the Spanish unit for a stock market debut in 2026, Profit.ro...
Dragged down by the Dacia factory, Romania's car production fell by 2.7% y/y to 346,800 units after the first eight months of this year. Ford Otosan surpassed Renault's subsidiary in both July and August, marking the largest output this year. The report of the Romanian Automobile Manufacturers Association (ACAROM) on the car production of the […]
Tanczos Barna, deputy prime minister of Romania and former minister of finance, announced that the government will soon come up with tax credit solutions for entrepreneurs who invest in research and development and, moreover, is considering granting facilities to all those who come with new investments, especially in the area of technology and industrial production. […]
Finance minister Alexandru Nazare said on September 16 that Romania will end 2025 with a fiscal deficit that will exceed 8% of GDP, but assured that the new target is currently being negotiated and discussed with the European Commission. The EC is expected to review Romania's budgetary conduct under the Excessive Deficit Procedure on October […]
