NATO’s Support and Procurement Agency will support a coalition of Allies, including Germany, the Netherlands, Romania and Spain to procure up to 1,000 Patriot missiles to strengthen their air defences amid Russia’s war against Ukraine, https://www.nato.int/ informs. The contract will expand the European production of the missiles, enhancing supply and ensuring the replenishment of Allied stockpiles. “I welcome Allies’ timely announcement to invest in up to 1,000 new Patriot air defence missiles to bolster the Alliance’s security”, said NATO Secretary General Jens Stoltenberg. “This investment shows the strength of transatlantic defence cooperation and NATO’s commitment to keeping our people safe. Russian missile and drone attacks on Ukrainian civilians, cities and towns show how important modern air defences are. Scaling-up ammunition production is key for Ukraine’s security and for ours.” The $5.5 billion contract has been awarded to COMLOG, a joint venture between the US company Raytheon and German company MBDA, located in Schrobenhausen, Germany. The large volume of the order will support the set up of a production facility for Patriot missiles in Germany. Patriot air defense systems can be used to defend against aircraft, helicopters and missiles, intercepting them at great distances. In the wake of Russia’s war against Ukraine, NATO has deployed Patriot missile batteries to protect its Allies on its eastern flank. NATO Allies have also delivered Patriot systems to Ukraine and are committed to further bolstering Ukraine’s defences. (Photo:https://www.rtx.com/raytheon/lang/ro/raytheon-in-romania)
Digitail, a provider of AI-powered practice management software for veterinary clinics, has raised USD 23 million in a series B funding led by Five Elms Capital. Existing investors Atomico, Partech, Byfounders, Gradient, and others also participated. This brings the company's total investment to over USD 37 million. The investment will enable Digitail to accelerate product […]
President Nicușor Dan intervened in the conflict sparked between recently-appointed deputy prime minister Oana Gheorghiu and the Superior Council of Magistracy, or CSM. The latter filed a criminal complaint against the former, after Gheorghiu stated that the magistrates’ pensions have to be cut. Specifically, Oana Gheorghiu stated during an interview on Digi24 that she understands […]
Romania’s former head of the Environmental Guard, Octavian Berceanu, has claimed he was offered a EUR 10 million bribe to intervene in a defense-related commercial deal, he revealed in an interview with Europa FM. According to Berceanu, the offer came...
Romania’s automobile output declined by 2.7% year-on-year in the first ten months of 2025 to 453,955 units, according to data published by the Romanian Automobile Manufacturers Association (ACAROM). Of the total, 245,765 cars were produced at Automobile Dacia’s Mioveni plant, marking a 5% decrease compared to the same period in 2024. Production at Ford Otosan’s […]
The Government intends to submit a new disbursement request for an amount exceeding EUR 2.5 billion in grants under the Resilience Facility by the end of November, prime minister Ilie Bolojan announced in a Facebook post, as cited by G4media...
Romania’s trade in goods posted a EUR 7.75 billion deficit in Q3, 7.6% smaller compared to the same period in 2024, according to data published by the statistics office INS. The trade gap expanded by 10.9% year-over-year (y/y) to EUR 16.7 billion in H1. It is still premature to conclude that fiscal consolidation has a […]
