Premier Nicolae Ciuca has met, on Monday, at Victoria Palace with the vice president for international affairs of the company Lockheed Martin, Raymond Pisseli, informs the government.During the meeting, opportunities for the consolidation of the economic part of the Strategic Partnership with the US have been discussed, Lockheed Martin’s initiatives in the domain of industrial and research-development cooperation being presented, together with the Romanian companies and institutions. The prime minister stressed the importance of US support from the perspective of access to high-performance defense technology, such as multi-role aircraft, Himars, Patriot systems or Black Sea anti-missile batteries According to the quoted source, the ministry of national defence and the ministry of economy work together so that the Romanian defence industry have the capacity to manage the cooperation with Trans-Atlantic partners. In this sense, the increase of the defence budget at 2.5 % of GDP, starting with next year, will offer new financing opportunities to the respective industry. The Lockheed Martin company has been present for 25 years in Romania being involved in several projects which have a significant impact in different domains. In the present geo-political context, generated by the strategic relevance of the Black Sea and the need to strengthen resilience, including from the economic perspective, the development projects aim at a long term duration, with integrated approach of the multiple platforms where there is collaboration at present moment.
Former US first lady Michelle Obama, the wife of Barack Obama, was in Bucharest on Thursday, September 18, to serve as the main guest at the second edition of the Impact Bucharest series of conferences. The former first lady spent about an hour in front of a large audience, speaking about her childhood in a […]
Czech president Petr Pavel spent a few days in Romania at the beginning of September while on holiday. According to statement by the Romanian Embassy in Prague, the Czech leader traveled mountain routes by motorcycle and chose modest accommodations. Pavel tried to see as much of what Romania had to offer. He planned his routes, […]
Romania is taking tangible action toward its green transition through sustainable infrastructure projects, public‑private partnerships and green bonds. Experts, government officials and business leaders have gathered today at the CES Bucharest ESG Conference, to present progress and identify solutions through which the public and private sectors can collaborate to build a sustainable and competitive economy. […]
Prime minister Ilie Bolojan announced that he will visit Brussels next week to talk to three European commissioners about deficits, defense, and EU financing. The first meeting will be with the commissioner for economy, Valdis Dombrovskis, as Romania “must adjust the issues related to deficits to be a trustworthy country, so as not to continue […]
A large majority of Romanians, namely 85%, have heard of celebrated composer George Enescu, according to the third edition of the Informat.ro – INSCOP Research Barometer conducted earlier this month. However, the survey shows a slight decline in cultural awareness compared to 2013, particularly among younger generations. The
The volume of trade between Romania and China was almost USD 9.3 billion in 2024, according to official statistics. Trade between the two, however, is not balanced. Romania registered a USD 7.7 billion deficit with China, and a USD 2.1 billion deficit in the first quarter of 2025 as well. The People’s Republic of China […]
