The joint standing bureaus of the Parliament took note, on Monday, of the request of the Ministry of National Defence for the initiation, through the General Directorate for Armaments, of the procedure for the purchase of 200 PAC-2 GEM-T missiles for Patriot surface-to-air missile systems."In the context of the security crisis in the region, for the operationalisation and strengthening of the ground-based air defence capability related to the essential endowment programme 'High-range surface-to-air missile system (HSAM)'/PATRIOT provided for by Law no. 222/2017, in addition to the number of missiles related to the two stages of the PATRIOT programme, it is necessary to partially supplement the combat stocks with 200 PAC-2 GEM-T missiles, which will be purchased through the NATO Support and Procurement Agency/NSPA), using the ESSI initiative (European SKy Shield Initiative) led by Germany," reads the MApN request addressed to the leadership of the Parliament.According to this document, the purchase will be made by NSPA by awarding a contract to the COMLOG/Germany Company, for the manufacture of missiles, and through an FMS (Foreign Military Sales) type LOA (Letter of Offer and Acceptance) agreement with the US Government, for the approval of the missiles manufactured in Europe."According to what was communicated by the NSPA representatives, the maximum unit price is around EUR 5,444,750, without VAT, and the estimated total cost for the entire missile package is EUR 1,088,950,000 without VAT (includes spare parts, related services and FMS costs) and will be precisely established after the initiation of the procedures for awarding the purchase contract. The initial advance, of approximately 35% of the estimated total value of the entire package must be paid in 2023 or the first quarter of 2024," shows the document sent to the specialized committees, which will later be submitted to the approval of the plenum of the Parliament.The increase of the MApN budget, starting in 2023, to 2.5% of GDP, ensured the conditions for the initiation of purchases strictly necessary for the acceleration of the modernisation of the Romanian Army, it is mentioned in the request.
Faster declines in orders and output fail to dampen future outlook Reduced demand for inputs sees inflationary pressures cool... ...and supplier performance improve for the first time on record The Romanian manufacturing downturn deepened in March, as firms signalled a deterioration across all elements of the headline PMI. New orders and output decreased at faster […]
Digital services revenue is estimated to rise by 44%, expanding from 34% to nearly half (49%) of companies revenue by 2029, according to a report compiled from IDC surveys across Europe, Asia-Pacific region (APAC), and the Middle East demanded by Endava (NYSE ‘DAVA’), a leading technology services company combining world-class engineering, industry expertise, and a […]
On Monday, March 31, a detachment of the Romanian Air Force called "Carpathian Vipers" began executing an enhanced air policing mission in Lithuania. The mission will last four months, between April and July 2025. The "Carpathian Vipers" detachment, consisting of approximately 100 military personnel and four F-16 Fighting Falcon aircraft, will carry out missions alongside […]
On Tuesday, April 1, controversial brothers and influencers Andrew and Tristan Tate left for Dubai after meeting with DIICOT prosecutors. Before they departed, the brothers mentioned that they would return to Romania within the legal period of two months, in accordance with the obligations of judicial control. "On April 1, 2025, Andrew Tate and Tristan […]
Wizz Air has officially opened its base at Bucharest Băneasa Airport, the capital’s secondary one, which will be served by an Airbus A321neo aircraft. An additional aircraft will also operate from Bucharest’s Henri Coandă Airport (Otopeni) from August 1, bringing the total number of aircraft based in Bucharest to 21 this summer, the carrier said. […]
A blood donation event will take place on Friday, April 4, at the Bucharest City Hall. Participation will be allowed only after phone confirmation from the organizers. Blood donation at the event is not remunerated, but each donor has the right to receive the results of the tests performed. They also receive meal vouchers worth […]
