Prime minister Marcel Ciolacu met, on Monday, in the context of his working visit to the USA, with the American secretary of defense, Lloyd Austin, with the head of the Romanian Government affirming that we need increased cooperation in the field of security with the United States, but also a strong economic commitment, Agerpres correspondent reports.According to a Government's release, the two officials emphasized the privileged relationship between Romania and the United States, highlighted by a Strategic Partnership of over two decades and strengthened by good collaboration in all areas of common interest, with an emphasis on the contribution to regional security in the Sea area Black.In this context, the American secretary of defense praised the efforts made by our country and highlighted Romania's leadership capacity demonstrated by the establishment of the Fetesti Training Center for F-16 pilots.On this occasion, the most important developments from the point of view of defense were reviewed, both in bilateral relations and within the North Atlantic Alliance, as a basis for deepening and expanding cooperation in this sector, including with economic results that to bring security benefits."We need increased security cooperation with the United States, but also a strong economic commitment. A developed economy is essential for a strong national security. It is important that American companies are actively involved in evaluating and developing the capabilities of the national industry, through joint investments in the defense industry, including in terms of ammunition making, as well as technological transfers and the specialization of the local workforce," declared the head of the Bucharest Government.At the same time, prime minister Marcel Ciolacu highlighted Romania's interest in a complete military coordination with the United States and emphasized that, in view of the North Atlantic Alliance Summit that will take place next year in Washington, Romania will maintain its commitments to allocate 2.5% of GDP for Defense and will continue to plead for an increased profile of the Black Sea on NATO's agenda, the release also states.For his part, the American secretary of defense, Lloyd J. Austin, highlighted the excellent collaboration between the United States and Romania, as strategic partners and allies, noted the leading role of our country in efforts to stabilize the regional situation and appreciated the significant progress of of Romania in the field of defense, from the modernization of military equipment and infrastructure to the consolidation of cyber defense.Also, both interlocutors emphasized the need to make joint efforts to ensure the stability of the Republic of Moldova, especially in the context of the hybrid attacks coming from the Russian Federation.Prime minister Marcel Ciolacu was accompanied to the meeting in Washington by the minister of defense, Angel Tilvar, the minister of foreign affairs, Luminita Odobescu, and the minister of economy, Radu Oprea.This was the second day of the prime minister's visit to the USA.
Romanian tissue and sanitary paper products producer Elfi announced investments of EUR 10 million in 2025 to expand production capacity. The project involves the construction of a new production hall and the installation of a state-of-the-art production line, which will allow the company to operate three production lines and double its current capacity. In 2024, […]
With the investment fund Accession Capital Partners and the private equity fund Invenio Partners as majority shareholders since the end of 2024, the Romanian coffee chop chain 5 to go targets the Southeastern European market, according to Profit.ro and
Romanian lithium-ion battery manufacturer Prime Batteries Technology, founded and controlled by Romanian entrepreneur Adrian Polec, has entered into a collaboration with Arrow Electronics and NXP Semiconductors to launch a next-generation battery energy storage system - BESS platform, according to
Romania’s headline inflation remained steady at just under 4.9% y/y in April, in line with consensus expectations, as the average prices increased by a mere 0.07% in the month, according to the data published by the statistics office INS on May 13. Core inflation remained at 5.3% y/y as well. The National Bank of Romania […]
Moldovan president Maia Sandu voiced her support on Tuesday evening, May 13, for Nicușor Dan, the independent candidate in Romania’s presidential election, and urged Moldovans with Romanian citizenship to vote on Sunday to protect Romania’s European and democratic progress. In a video shared on social media, Sandu praised Dan’s “decency, resilience, and respect for the […]
Two Romanians were arrested during Sunday night, May 11, after robbing empty houses in the evacuated mountain village of Brienz located in the Swiss canton of Graubünden. The village had been evacuated since November due to rock falls. The locality was, however, monitored by the authorities to prevent break-ins. The would-be thieves apparently tried to […]
