The ceremony devoted to certification of the British Royal Air Force detachment that arrived in Romania to execute air policing missions will take place at Mihail Kogalniceanu Air Base 57, on Friday, in the presence of Ben Wallace, the British Secretary of State for Defense, a press release of the National Defense Ministry (MapN) informs. According to MapN, the activity will take place in the presence of defense minister Vasile Dincu, of the secretary of state in the Italian defense ministry, Giorgio Mule, of the Defense chief of staff, General Daniel Predescu, of the Commander of NATO Combined Air Operations Centre Torrejon, lieutenant general Fernando de la Cruz Caravanca, of the British ambassador to Romania Andrew Noble, and of the Italian British and Romanian Air Force chiefs. The event will also include a joint demonstrative mission of the Enhanced Air Police, with the participation of aircraft belonging to the British, Italian and Romanian Air Forces. Four Eurofighter Typhoon airplanes belonging to the British Royal Air Forces (RAF) landed at Air Base 57 at the end of last month. The British detachment is made of 150 militaries (pilots and technical staff) and Eurofighter Typhoon airplanes and will carry out Enhanced Air Policing missions together with militaries of the Romanian Air Forces under NATO command in the next four months. This is the fourth RAF rotation at Mihail Kogalniceanu, after those carried out in 2017, 2018 and 2021. Air policing missions contribute to the development of reaction and discouraging actions and to the consolidation of interoperability between the Romanian Air Forces and allied forces.
A truck belonging to a Moldovan transport company loaded with weapons was detected at the Albita Customs, at the entrance to Romania, on November 20, Europa Libera Romania reported. According to the documents, it was intended for an Israeli beneficiary, but this has not been...
The Constitutional Court of Romania (CCR) will rule on December 10 on the objections expressed by the opposition party AUR against the revised law that includes higher taxes and better tax collection procedures, passed by the Parliament on November 18 in an amended form, such as to incorporate the issues already spotted by the CCR […]
The Social Democrat (PSD) candidate for the Bucharest mayor seat, Daniel Baluta, mayor of District 4 and president of PSD Bucharest organisation, leads with 26.6% of the general voting intentions expressed in the latest poll conducted by Inscop for Informat.ro. He is closely followed by the Liberal (PNL) candidate Ciprian Ciucu, currently mayor of District […]
Cris-Tim Family Holding (BVB: CFH) shares will start trading on the Bucharest Stock Exchange on November 26, following one of the most heavily oversubscribed initial public offerings ever conducted on the local market for retail investors, Ziarul Financiar reported. The listing follows a RON...
Banca Transilvania (BVB: TLV) is preparing to launch a new Additional Tier 1 (AT1) bond issue, denominated in euros, with an indicative coupon of 7.625% (semiannual payment), according to Bloomberg information consulted by Economedia.ro. The instrument is a EUR Benchmark Perpetual...
Banca Comercială Română (BCR, part of Erste Bank Group) raised EUR 500 million through its second Eurobond issue, strengthening its access to international capital markets. The issuance follows a local bond sale earlier this month and forms part of the bank’s broader funding strategy. BCR stated that the transaction secured “one of the most competitive […]
