Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. EconMin says concerned to draw SAFE Programme funds...

EconMin says concerned to draw SAFE Programme funds in advantageous conditions

October 9, 2025

Economy Minister Radu Miruta on Friday said that he is focused on ensuring that Romania uses, under advantageous conditions, the entire amount of funding available through the Security Action for Europe (SAFE) programme.Details about the funding proposals under SAFE are classified, he mentioned, after participating in the Aspen European Strategic Forum, which is taking place at the Palace of Parliament.'All I can tell you is that we have a very functional collaboration with the Ministry of Defence. We have received the list of priorities from the Ministry of Defence, and we are examining how we can serve this list of priorities within Romania. The concern is to draw the full amount of funds available through SAFE for the defence sector. However, I shall be very frank: I won't be satisfied merely because the funding was drawn. My concern is that there are advantageous conditions. In recent years, we have seen headlines in Romania about investors opening plants only to leave five years later, bankrupting the operation and disregarding Romania's contribution,' the minister explained.According to him, the conditions under which an investor comes to Romania must be fair.'At the Ministry of Economy, I've seen entire series of contracts that were made to Romania's disadvantage (...) I'm talking both about defence and in general - it seems to be a widespread issue. Contracts initially worth 675,000 euro ended up costing several million. Where does the difference go, and for whose benefit?,' Miruta commented.He mentioned the initial contract with Rheinmetall for the gunpowder factory Pirochim in Victoria as an example: 'There were some conditions that we were told couldn't be changed. We went through them one by one, changed them, and in the end, just from these changes alone - quantifiable, specifically - it's 92 million euro more for Romania. Who had accepted a 92 million euro disadvantage for Romania? The news that Rheinmetall was coming to Romania was the same - only with 92 million euro less. So yes, we'll draw the full amount (through SAFE), but under fair commercial conditions,' said Radu Miruta.Romania is set to benefit from 16.68 billion euro in funding through the European SAFE mechanism, according to provisional allocations announced by the European Commission for member states that expressed interest in the programme.According to a Government statement, participation in the SAFE programme has three major implications, and the amount allocated to Romania is the second largest among those announced by the Commission on Tuesday.

Read in full - click here
Taifas: Timișoara festival to feature Radu Jude retrospective, music, and literary events

The third edition of Taifas Balkan Film and Culture Festival, set to take place in Timișoara between October 13 and October 19, will include a retrospective dedicated to Romanian director Radu Jude. The public will be able to see the director's short films, in addition to a preview of his latest production, Dracula, presented at […]

Sursa: Light art festival brings immersive installations, projections to Bucharest

Sursa International Light Art Festival, an event featuring immersive installations, projections, and light structures, will take place at the National Library of Romania from October 13 to October 19. The event brings together international and Romanian artists “in a visual dialogue about technology, architecture and sensitivity,” the organizers announced. “We wanted to build the opportunity […]

Romanian Army reportedly acquires drone detection systems from Germany’s Rheinmetall

Romania’s Defense Ministry has signed a contract worth RON 50.4 million with Rheinnmetall Automecanica, a subsidiary of the German defense industry giant Rheinmetall, for the delivery of drone detection systems, Economedia.ro reported. The radar system will be delivered within 18 months at most and will reportedly be...

Western Romania: Former cinema hall in Cluj to reopen as music hub

The former Steaua Roșie cinema in Cluj-Napoca will reopen as Edison-House of Music, a cultural hub dedicated to music and community, the organizers of the Jazz in the Park festival announced. Built in the early 1900s, the Edison building became, after World War II, the Steaua Roșie cinema. After 1989, the venue underwent several changes […]

Romania reports record levels of precipitation after cyclone Barbara in early October

Unprecedented amounts of precipitation have been recorded in Romania as cyclone Barbara hit the country on October 5-8, according to the authorities. At the same time, Bucharest exceeded the absolute maximum levels of rain for October. “Between October 5–8, 2025, Romania was affected by the Mediterranean cyclone Barbara, which formed over the Ionian Sea and […]

Romania launches first AI Factory as part of European innovation network

Romania is one of six European countries recently selected to develop a new artificial intelligence and supercomputing center under the EuroHPC – AI Factories program. The project, known as the AI Factory, will be Romania’s first national AI infrastructure, marking a major step toward strengthening its digital and research capabilities. The initiative will be led […]