The present security situation shows that peace is no longer a certainty in Europe, said general Gheorghita Vlad, the Defense Chief of Staff, in his speech held on the occasion of the 165th celebration of the General Staff. “Contrary to norms of humanitarian international law, the actions of the Russian Federation are feeding the negative development of the threat potential and security risks. At the level of the Black Sea region, of strategic interest for NATO, we have a defense crisis situation,”said general Gheorghita Vlad. He pointed out that the Romanian Army has reconsidered its defensive architecture by adapting procedures, recalibrating the reaction capacity of forces and has consolidated structures of permanent combat service, air police and strengthening vigilence. “At the same time, capacities of knowing situations and early warning have improved. Our defensive capacity, Euro-Atlantic relations and Strategic Partnership with the US remain vectors of the national discouraging and defense position in the Black Sea area,” said the official of the National Defense Ministry. He mentioned that Romanian militaries are participating in NATO and EU operations in the West Balkans, Africa, the Mediterranea Sea and Indian Ocean. As host nation, Romania ensures the conditions needed to operate and pre-positiion allied forces and capabilities in Romania, according to Regional Plans.
Bucharest’s District 4 will soon have 50 new high-power charging stations for electric vehicles, mayor Daniel Băluță announced on Wednesday, July 2. Each station will feature two charging points, allowing up to 100 drivers to charge their vehicles simultaneously. The new infrastructure aims to support the growing adoption of electric mobility in the capital while […]
FintechOS, a leader in financial product management, appointed Sorin Mirea as Vice President of Commercial for Central and Eastern Europe (CEE), effective May. With more than 20 years of experience in the banking industry and a solid transition to the technology sector, he will lead the company’s growth strategy in key markets such as Romania, […]
Ecolet, the B2C brand of the Alsendo Group, has acquired the commercial operations of Curier Online in Romania, marking a significant step in Alsendo’s expansion strategy in Southeastern Europe. The transaction strengthens Ecolet’s position in the local e-commerce logistics market and enhances its technological offering for B2C and C2X clients. Through the deal, Ecolet takes […]
OMRO, the lending branch of the fintech Filbo, together with Filbo Pay and Easybill, listed RON 12.3 million (EUR 2.4 million) in corporate, unsecured bonds on the Bucharest Stock Exchange on July 1. This is OMRO’s fourth issue of corporate bonds. OMRO32 bonds have a nominal value of RON 100 per bond and a variable […]
The Ploiești Court found on Tuesday, July 1, that former tourism minister and influential politician Elena Udrea can be conditionally released from prison. The decision is not final and has reportedly been contested by the National Anticorruption Directorate, or DNA. Udrea is currently hospitalized at the Ploiești County Emergency Hospital, after undergoing surgery on Sunday, June […]
The foreign exchange reserves of the National Bank of Romania, or BNR, totaled EUR 58.281 billion at the end of June 2025, up by 4.71% compared to May 31, 2025. During the month of June, there were inflows of EUR 6.1 billion, representing changes in foreign currency minimum reserves established by credit institutions at the […]
