The Supreme Council for National Defense (CSAT) approved on Thursday the 2024 - 2033 Romanian Army Equipment Plan, re-examining the programs in the context of Russia's war of aggression against Ukraine, the Presidential Administration informed."The major change in the regional security situation generated by the Russian Federation's aggressive stance determined the re-examination, reprioritization and reconfiguration of equipment procurement programs for the development of the military capabilities required for countering the new threats, including by stepping up the purchase of the necessary war ammunition, and for gradually building up stocks," the Presidential Administration specified.Thus, as budget allocations for Defense are maintained at 2.5 percent of GDP, the Romanian Army will focus its strategic efforts on strengthening the defense capacity at national level and in an allied format "in order to effectively deter and combat all types of classic, asymmetric, hybrid or other threats.""This will be achieved by equipping the force structure with high-performance military technology and equipment, compatible and interoperable with those of the forces of the other NATO and EU member states, so as to ensure both the fulfillment of deterrence and defense missions, as well as their long-term viability through the level of efficiency and technological development," the release goes on to read.At the same time, in order to protect the essential security interests and ensure supply security, CSAT is directly interested in Romania "having on its national territory industrial facilities capable of ensuring both the production of modern military hardware for the peacetime equipment of its forces and of maintaining the purchased equipment in operational condition, as well as the manufacture or development of new equipment that will contribute to the multiplication of military capabilities in crisis or war situations."
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
