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.
The forecasts made by managers in the second half of 2024, as expressed in the CONFIDEX study, were more pessimistic than the actual economic reality of Romania. The onset of the year, however, marked by surprising events, international geo-political tensions, and the unpredictability of the upcoming presidential elections in Romania, may heighten the caution levels […]
Arval Romania has recently launched Arval Re-Lease, a new service dedicated to the local market focusing on the leasing of used vehicles that have completed an operational leasing contract. Arval Re-Lease is designed to meet the common needs of companies, offering comprehensive solutions to reduce costs associated with vehicle rental, insurance, and maintenance services. Arval […]
Bogdan Crețu’s novel Mai puțin decât dragostea/ Less Than Love is Romania’s nomination for this year’s European Union Prize for Literature (EUPL). The European Union Prize for Literature (EUPL) recognizes emerging fiction writers from the European Union and beyond. Each year, national juries choose their proposal in a rotating selection of countries participating in the […]
Interim president Ilie Bolojan is attending the European Council in Brussels on Thursday, March 6, to signal Romania’s position in favor of strengthening NATO's European pillar, supporting Ukraine, and increasing defense spending. He also met with several European leaders before the summit, including the next chancellor of Germany. European leaders met in Brussels to discuss […]
Russia carried out 34 hybrid attacks against Romania in 2024, according to a report presented in the Italian Parliament, based on information published by Romanian authorities regarding last year’s annulled presidential elections. On March 3, Italy’s ambassador to Bucharest, Alfred Maria Durande, announced that foreign forces were involved in the 2024 presidential elections in Romania....
Le Bistrot Français, part of the prestigious hospitality associations Relais & Châteaux, has started a collaboration with Chef Tom Meyer, one of the most appreciated French cooks, awarded by the Michelin guide and holding the title of Meilleur Ouvrier de France. Starting Monday, March 3, the restaurant’s menu will bear his signature, marking a special […]
