Europe is going through one of the most complicated times since the Second World War, PM Nicolae Ciuca declared on Monday, at the end of the sitting of Government heads of NATO allied states of South-Eastern Europe, hosted by the Prime Minister of Bulgarian Government, Kiril Petkov, in Sofia."Europe is going today through one of the most complicated times since the Second World War, following the invasion of Ukraine by the Russian armed forces, and in this context we took part today, at the invitation of the Prime Minister of the Government of Bulgaria, along with the Prime Ministers of the governments of North Macedonia and Montenegro, to a summit where an entire series of aspects were discussed, looking for solutions to the decisions that were made during the NATO summit of last week, in Brussels, and here, once again we are congratulating the decision of establishing the four battle groups, including one that is in Romania, and one in Bulgaria," Nicolae Ciuca said.He reiterated that NATO member states are "under the umbrella of the largest" military-political alliance, and membership to the European Union offers measures through which citizens can be protected, as well as jobs, investment and the economy."It is very important to highlight that together we looked to assume an entire series of solutions, so that we can prove that our purpose, of Governments of NATO and EU members, is to look for solutions for the citizens, being able, through dialogue, to identify those ways through which we can deal with any challenge, whether we are talking about security challenges, and at this time we can assure citizens that we are under the umbrella of the largest military-political alliance, as well as the entire benefit package of being a EU member country, we have at hand an entire series of measures through which we can protect our citizens, to protect jobs, investment, the economy," the PM said.Nicolae Ciuca mentioned that during the summit there were talks about the ways new energy sources can be identified.
Profluo, a startup that automates a company's financial processes using AI, has attracted investment from corporate venture capital fund BCR Seed Starter, Inspire Capital, and other investors in a EUR 850,000 funding round. BCR Seed Starter, which led the round, invested EUR 500,000 in Profluo. The funding will support the company's plans to scale its […]
CTP, a leading developer, owner, and manager of industrial and logistics properties, said that it delivered a new 65,000 sqm e-commerce fulfilment centre for LPP Logistics in CTPark Bucharest West. Construction of the building in the Bolintin-Deal area began in March 2025 and was completed in about half a year. According to CTP, “it stands […]
London’s New Bond Street has been crowned the world’s priciest retail destination for the first time, while Bucharest’s Calea Victoriei is in 39th place globally, according to Cushman & Wakefield’s latest Main Streets Across the World report. Rents in Calea Victoriei recorded the 3rd highest growth among the 50 analysed markets worldwide. Calea Victoriei, the […]
The European Commission announced earlier this week that it has selected four electrification projects developed by Romanian companies to receive funding of EUR 29.33 million from the Connecting Europe Facility fund. The CEF funding round involves a total of over EUR 600 million in EU grants, which will support...
Romania has won the international competition for a judge position at the UN Dispute Tribunal (or UNDT), with judge Adina Elvira-Ghiţă set to take over a seven-year term, according to the Ministry of Foreign Affairs (MAE). Romania secured 109 votes in the UN General Assembly during the international competition for filling a judge position at […]
The Defense Ministry said early Wednesday, November 19, that its Air Force detected a drone entering national airspace overnight, prompting the scramble of German and Romanian fighter jets amid ongoing Russian attacks near Romania’s border with Ukraine. Two German Eurofighter Typhoon jets stationed at the Mihail Kogălniceanu Air Base took off at 00:25 on November […]
