Representatives of Romanian producer of NATO-grade military equipment Carfil SA and American producer of high-performance uncrewed systems Periscope Avation signed on Friday, at the Black Sea Defense & Aerospace Exhibition (BSDA 2024), a cooperation agreement for the production of a Romanian drone; the signing ceremony was attended by Minister of Economy Stefan-Radu Oprea and U.S. ambassador in Bucharest Kathleen Kavalec."Today we had an important moment as, together with American venture Periscope and Romanian company Carfil, a subsidiary of state-owned Romarm, we signed a protocol to jointly produce a drone with applicability both in the civil and the military field. That is why two more protocols were signed, one that includes several associations, of those who believe in Romania's capacity to produce a 'domestic' drone and together with them we seek to improve the legislative framework, allowing the fast implementation of such projects. The second protocol brings together those who want to use the Romanian drone for agricultural purposes. You will see there agricultural research institutes, the Polytechnic Institute in Bucharest, because together we want to further research in Romania so that we can go from the idea to the prototype and to the product," declared Minister of Economy, Entrepreneurship and Tourism Stefan-Radu Oprea.He mentioned that although several Romanian companies have the necessary know-how for drone manufacturing, have prototypes and also put out products, a competitive drone takes much more than that."Besides the Romanian drone project (...) we also plan to become suppliers in the global production chains of top-class manufacturers such as Periscope. This isn't the only company, but we want them to get to know us better, to see the production capacities we have in Romania, to develop products, to include us in their supply chains," Radu Oprea said.Carfil CEO Mircea Tantau said that the company has everything necessary - modern manufacturing capabilities, investments of over 15 million of euros, ultra-modern equipment - to launch mass production for the drone types that will be established based on a roadmap.He added that a certain article in the sealed cooperation agreement stipulates that within three months from the signing of the agreement, the two companies will define their participation in this association.Carfil SA, with a history of over 100 years in the production of weapons and artillery ammunition, is one of the most important companies in the Romanian defense industry.Periscope Aviation is the drone division of Chartis Federal, being the latest investment of the American company, famous for its innovation in high-performance tactical UAV systems.
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 […]
