Arms manufacturer Rheinmetall has secured a 328-million euro ($362 million) contract with Romania to modernize its air defense artillery systems, https://www.thedefensepost.com/ reports. The company will upgrade the country’s Oerlikon GDF 103 anti-aircraft gun, integrating it into its Skynex air defense solution, with four units to be delivered within the next three years. The agreement also covers training, spare parts, and other logistical services. Each of the units will include new fire control systems, 3D radars, twin guns equipped with autoloaders, and two heavy-duty trucks for transport. The contract is the first-ever major order between Romania and Rheinmetall, which recently opened a weapons hub near the city of Satu Mare. Bolstering Regional Defense Rheinmetall AG executive board chairman Armin Papperger said that the contract promotes a more modernized defense force not only for Romania, but also for its allies. “This substantial first-time order from the Romanian government widens our footprint in Central Europe. It also underscores Rheinmetall’s role as a leading supplier of ground-based air defence systems. Moreover, the order will bolster the defensive capabilities of the EU and NATO on Europe’s eastern flank, something we’re very happy about,” he said. The company has recently worked with NATO countries to bolster their defenses amid the ongoing Russo-Ukrainian war. Its weapons center in Romania was also established to “play a central role in maintaining the operational readiness of Western combat systems in use in Ukraine and in ensuring their logistical support.”
Exim Banca Românească continues the savings campaign under which it pays attractive interest rates, above the market average, for new deposits in lei and euro, over 7 months: interest rates of up to 7.20% per year for lei and 2.50% per year for euro. The offer is available both for the PLUS deposit in lei, […]
In a telecom market shaped by economic pressure, fierce competition, and rapidly evolving consumer habits, Orange Romania is betting heavily on network leadership as its defining advantage. With the largest 5G spectrum investment in the country’s history - around EUR 265 million - the company is doubling down on speed, coverage, and long-term infrastructure at […]
The Romanian job market was marked by extremes in 2025, according to an analysis by employment platform BestJobs. In some sectors, job-seekers dictated the rules, while in others they fiercely competed for a limited number of positions, giving employers the upper hand. In the IT sector, the limited number of available positions led to a […]
Poiana Brașov, a popular mountain resort in central Romania, will host a new winter event format starting in 2026, as Untold Universe launches Massif Week, scheduled to take place between February 27 and March 8. The initiative is designed to diversify the resort’s winter offering and extend the tourist season through a series of indoor […]
A memorial march will take place in central Bucharest on December 21 to mark the victims of the 1989 Revolution, which led to the fall of communism in Romania. The march will follow the Victory Square – University Square – Revolution...
Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]
