Italian defence group Leonardo SpA and Avioane Craiova SA signed a 'Technological and Industrial Cooperation Agreement' on Wednesday at Paris Air Show, a significant step forward in strengthening industrial collaboration between the two companies, informs a press release of the Italian group.The agreement covers several areas of potential cooperation, with a primary focus on Leonardo's C-27J Spartan aircraft and the M-345 and M-346 Integrated Training Systems (ITS), including the establishment, in Romania, of activities related to the C-27J avionics upgrade programme, maintenance and logistics, repairs and personnel training.Avioane Craiova aims to be deeply involved in the current upgrade programme for the seven C-27J Spartan aircraft operated by the Romanian Air Force since 2010. This important modernisation programme, which includes the integration of state-of-the-art systems and training activities, would guarantee significant industrial efficiency, paving the way for future industrial programmes aimed at progressively building a reliable regional industrial centre for the C-27J at Avioane Craiova.Furthermore, the agreement between Leonardo SpA and Avioane Craiova will open up additional opportunities for the joint development of a complex proposal, enabling the Romanian Air Force to integrate a new paradigm for pilot training based on the M-345 and M-346 Integrated Training System. This approach would facilitate the establishment of new local maintenance, sub-assembly, logistics and support capabilities, contributing to the long-term sustainability of the Romanian Air Force fleet. It would also encourage the growth of Romania's defence industrial base, opening up new opportunities for technological cooperation, skills development and high-value jobs in Romania. (Photo:https://www.acv.ro/gallery/)
On October 30, 2025, Envisia will host the 3rd edition of the Future of Boards Gala. The event brings together board members, executives, and governance ecosystem partners for an evening dedicated to recognizing responsible leadership, corporate governance, and high-performing boards. The six award categories celebrate individuals and boards who, through courageous decisions and integrity, create […]
The European real estate debt market is showing clear signs of recovery, supported by stabilized interest rates, competitive lending, and renewed investor confidence. According to AEW’s latest research, the credit financing gap across Europe is narrowing, with improved lending conditions helping to ease refinancing pressures that have weighed on the sector in recent years. Between […]
French retail chain Carrefour may want to sell its stores in Romania and exit the market, according to the French publication L’Informe. Moreover, it would also like to get rid of its operations in Poland and Argentina, according to the same source. So far, Carrefour has reportedly only analyzed a possible exit from the local […]
Romanians are not looking forward to Black Friday with more enthusiasm than last year, according to a recent survey. The main reasons are economic instability and the decline in purchasing power. Around 22% of Romanians say they will not buy anything on Black Friday 2025, and only 15% of Romanians plan to spend more compared […]
Cristina Ghițulică, a faculty member at the Faculty of Chemical Engineering and Biotechnologies (Politehnica Bucharest), was elected as the first woman president of the European Association for Quality Assurance in Higher Education, or ENQA. Ghițulică is the director general of the Romanian Agency for Quality Assurance in Higher Education. She was elected to head ENQA […]
The Bucharest National Opera and the Kinetobebe Association announced “The Dance of Velvet Steps,” a premiere performance for the audience with special needs, on Sunday, November 16. The show consists of a ballet performance adapted and made accessible for children and adults with disabilities. The performance is primarily addressed to children and adults with special […]
