Simultec Magurele, a subsidiary of the Elbit Systems manufacturer of simulators for the air force, army and navy, has been appointed to supply flight simulators for the Blackhawk S-70i and Bell 412EP helicopters for a country in the Asia-Pacific region.In a press statement released on Thursday, the company says this confirms the capabilities of Simultec engineers to design, build, develop and supply technology at the highest level for both the domestic market and the international market."We are proud to have been appointed to deliver flight simulators that are made in Romania to the highest standards. That attests to the confidence placed in our capabilities. We demonstrate once again that the Romanian industry is a leading one in this field. We focus our efforts on development and modernisation in order to be able to demonstrate the quality of the systems produced by Simultec Magurele," Simultec General Manager Florin Maican is quoted as saying.The simulators that will be delivered are for two helicopter models, the BlackHawk S-70i and the Bell 412EP. The simulators are designed to reproduce all aspects of helicopter missions, including emergencies as a result of technical issues.Simulators are developed to improve pilots' skills or repeat combat missions. The entire manufacturing process is carried out at the factory in Magurele.Simultec Magurele is the largest manufacturer of simulators in Europe with over 30 years of experience in training and simulation solutions.The flight simulators produced by Simultec are manufactured entirely in Romania by Romanian engineers. The Magurele factory can produce five simulators in one go and the process can take about eight months.Simultec has designed, built and delivered simulators for the most modern air, ground and naval forces around the world while developing software and hardware integration.Simultec Magurele, as well as Elmet and AE Electronics, is part of the group of companies owned by Elbit Systems in Romania.
Vaunt, a Romanian real estate technology platform, is expanding into the United States after surpassing 80 clients and a transaction portfolio of nearly EUR 860 million. The expansion targets New York and Miami specifically. “Vaunt is a platform that helps real estate developers manage the sales process from the moment they receive the building permit until […]
IVF clinic Embryos, majority-owned by investment firm Integral Capital Group, has acquired the Oradea-based Calla Infertility Diagnostic and Treatment Center. The move is part of the development strategy of the network Embryos, which started in 2025 with the opening of a clinic in Buzău and the acquisition of Adella Clinic in Sofia, Bulgaria. The turnover […]
Romania has 56 companies included in the 17th edition of the Coface CEE Top 500 ranking, which shows how the largest companies in the region are navigating the current business landscape. The country climbed two positions from last year but remains underrepresented. The companies are ranked by turnover, analyzing additional indicators such as workforce size, business […]
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
