Bulgaria, Romania and Turkiye are preparing to launch a mine clearing operation in the Black Sea, said Defence Minister Todor Tagarev on Friday quoted by https://www.bta.bg/. He was speaking at the opening of an international conference, entitled “Winning the Peace in Ukraine” It is organized by the Sofia Security Forum in partnership with the US Embassy in Bulgaria. "We have been working for two months without making the information public,” said the Minister. “I hope that in the near future this operation will be launched which will enhance security in Bulgaria’s territorial waters and its exclusive economic zone. It will aid wheat exports from Ukraine too,” said Tagarev. The terrorist threat has become particularly visible with the terrorist acts by Hamas against Israel and the ensuing tensions which are still likely to escalate. These developments can result in increased migrant pressure on Bulgaria as well as in tensions between the different fractions which support the sides in the conflict. Currently, the likelihood is very small, said the Minister. “In this situation we are working with our allies and this is the most important guarantee for our security,” said Tagarev. He reiterated that Bulgaria will continue to provide political, military and humanitarian aid to Ukraine for as long as it is necessary. The prospects for peace in Ukraine, the strategies and the ways to achieve security in the Black Sea region, the role of NATO and the European union and the future of the European security architecture will be among the topics which will dominate the agenda of the conference.
Gold has been one of the most sought-after assets for centuries, and in the modern era, it has become a highly popular component of investment portfolios. A preferred asset for protection against economic risks, gold has delivered attractive long-term returns, increasing by approximately 8% per year over the past two decades. Since the end of […]
JTI Romania is the Top Employer for the 12th year in a row, being ranked third amongst 44 companies locally awarded, after an assessment conducted by the Top Employers Institute. The company was rated for about 20 criteria such as leadership, talent acquisition, on-boarding, digital HR, work environment, career development, learning, ethics & integrity, diversity, […]
Romanian defense minister Angel Tîlvăr stated that the contract for the Patriot system, which will replace the one ceded by Romania to Ukraine, is expected to be signed in February. The minister commended the decision of the United State government to approve the delivery of three Patriot systems to Romania. Raytheon stated it will collaborate […]
Romanian companies are entering 2025 with cautious optimism, focusing on managing risks and controlling costs, according to the Deloitte 2025 Romania CFO Survey conducted at the end of last year among approximately 130 Chief Financial Officers (CFOs). Most of the Romanian CFOs predict an increase in revenues for this year (58%), but their share has […]
Several employees of the Romanian Senate began protesting and booing while the president of the upper Chamber was announcing that staff restructuring would be implemented to reduce public spending. Ilie Bolojan, president of the National Liberal Party and head of the Senate, announced a reduction in the organizational chart from 796 positions to 618 positions. […]
The members of the Romanian angel investor network TechAngels put EUR 2.757 million in direct investments in tech startups in the second half of 2024, almost triple the amount invested in the year's first half. The investments for the entire 2024 rose to EUR 3.777 million, a 25% year-on-year increase. The rounds backed by TechAngels […]
