The Ministry of National Defense, through C.N. Romtehnica S.A. and the Elbit Systems Ltd Company from Israel signed on Tuesday, December 20, a framework agreement for the supply of “at most” seven military drones for the Romanian army. “The framework agreement has a duration of five years and is aimed at awarding subsequent contracts for the supply of up to seven Watchkeeper X UAS systems for a total value of approx. 1,891 billion lei, excluding VAT. The supply of the seven Watchkeeper X UAS Systems, which will be part of the Romanian Army, will be carried out under the conditions of protecting the essential security interest of the Romanian state, the company Elbit Systems Ltd being obliged, according to the agreement, to realize and consolidate on the national territory, at the level of some economic operators in the defense industry, a production, integration, testing and maintenance capacity in the military field for the delivered systems”, according to a press release from the Romanian Ministry of Defence. Thus, starting with the first UAS Watchkeeper X system, the production of the structure of the aerial platform and the production of the structure of the ground command-control station container, as well as the production of electrical and mechanical components from the composition of the system will be carried out on the territory of Romania, at economic operators from the national industry defense. Also, starting with the third Watchkeeper X UAS system, the production of all electrical and mechanical systems related to it will be carried out in Romania, through economic operators from the national defense industry. At the same time, complex level maintenance operations during the life cycle of UAS Watchkeeper X systems will be carried out by economic operators from the national defense industry, so that in crisis and war situations it is not necessary to perform these operations outside the national territory, MApN also informs.
The SIGNAL IDUNA companies concluded 2024 with a total gross written premium volume of approximately RON 424 million, marking an aggregated growth of 16% compared to the previous year. These financial results reflect the consolidation of a sustainable development strategy, supported by portfolio expansion, digitalization, the launch of new solutions for both individual and corporate […]
Kantar Romania launched, during an event dedicated to their clients, "The Trust Factor – Building Brands That Endure Uncertainty", the top 20 brands that manage to inspire the greatest confidence among the Romanian consumers, based on the analysis of 162 brands from 12 sectors*. In a period marked by uncertainty and skepticism, trust becomes the […]
Balancing career success with personal growth is a challenge many professionals face today. As the pressure to achieve and perform increases, many begin to crave more than just success: they want clarity, alignment, and a deeper sense of purpose. For Lin Holmquist, business coach and one of Europe’s most acclaimed experts in Tantra, Yoga, and […]
CFR Călători, the state-owned railway company for passengers, announced that the first train entirely made up of rolling stock modernized with funds from the EU-backed Recovery and Resilience Fund (PNRR) was introduced on the Bucharest North – Constanța route. The train, which is already running, consists of a locomotive delivered by the Softronic factory in […]
The first edition of Urban Habits (nUH), a festival aiming to be “a space for ideas, debates, co-creation, and experimentation,” takes place between April 26 and April 27 at Lokal and on Erou Ion Călin Street, which will be temporarily transformed into a pedestrian space. The program will address themes ranging from innovation, design, and […]
Mall Moldova, the largest shopping center in the Moldova region, officially opened on April 17 in Iași, covering 110,000 sqm. Developed by Prime Kapital, in partnership with MAS P.L.C., Mall Moldova is part of a large-scale investment plan carried out by the two investors in Iași, worth approximately half a billion euros, which also includes […]
