Romania will invest a lot in defence but not as a simple buyer, President Nicusor Dan stated on Tuesday, in Paris."I had a meeting in France with representatives of companies operating in defence and emerging technologies. I told them that Romania will invest a lot in defence, but not as a simple buyer. We want partners who bring production facilities, technology, jobs and export capabilities in our country," the head of state wrote on Facebook.He added that many French companies already have advanced cooperation and investment plans with Romanian companies."France is leader in Europe in the fields of emerging technologies, artificial intelligence, cyberscurity, and its collaboration with Romania already has solid roots. We can only recover the gaps existing in Europe in these strategic sectors through joint investments," underscored the President."We want as many state-of-the-art technologies and equipment to be produced in Romania as possible, in which respect our partnership with Thales is essential. This company is already an important investor in our country, with solid collaborations with our defence industry. Romania has talented engineers who can contribute to the development of these technologies, a part of which will directly contribute to the strengthening our national security," said Nicusor Dan. (Photo:https://www.presidency.ro/)
The fund Cultura Face Bine, a national funding mechanism for cultural projects backed by private-sector financing, will begin supporting local cultural organizations in 2026. The fund aims to support grassroots cultural initiatives with a proven impact in their communities and which need resources to continue, develop, or transform their activities. The funding mechanism has been […]
The European Commission (EC) announced on Thursday, December 11, that it is referring Romania to the Court of Justice of the European Union (CJEU) for failing to meet obligations under Ambient Air Quality Directives. According to the Commission, Romania has not ensured that its national air quality monitoring network complies with legally required standards on […]
The Bucharest Court of Appeal (CAB) held an unprecedented press conference on Thursday, December 11, in response to allegations raised in a recent media investigation published by Recorder, with court president Liana Arsenie firmly rejecting the claims. However, at the start of the press event, a judge from within the institution publicly stated that the […]
Romania’s Superior Council of Magistracy (CSM) issued its first response to the Recorder documentary alleging systemic manipulation within the justice system, calling the investigation an amplification of a “campaign to destabilize judicial authority.” The council said on Thursday, December 11, that it will evaluate what measures need to be taken following the report. In a […]
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]