The state is a bad administrator when it has unprofessional management. This statement is proven true especially in the economy. There are many non-performing state-owned companies in Romania. The transport sector is the most relevant example. Tarom, for instance, fails to attain efficiency indicators, irrespective of whether it has foreign or Romanian management. Exceptions can [...]
The Romanian Ministry of Defense (MApN) stated that it is implementing several air defense procurement programs, including SHORAD-VSHORAD and MANPAD, which were approved by Parliament in previous years as part of efforts to modernize the country's military capabilities. The SHORAD-VSHORAD program, focused on acquiring short- and very short-range air defense systems, was approved in 2020...
The Romanian government has approved a new support mechanism for vulnerable electricity consumers aimed at helping low-income households cover their energy bills after July 1, when the electricity price cap expires. The emergency ordinance, passed on June 27 and initiated by the Ministry of Energy in collaboration with the Ministry of Labour and Social Solidarity, […]
Romania’s air passenger traffic increased by 8.1% in the first quarter of 2025 compared to the same period last year, rising from 5.18 million to nearly 5.6 million passengers, according to data from the National Institute of Statistics (INS) quoted by Economica.net. The busiest airports were Bucharest’s Henri Coandă (also known...
President Nicusor Dan has convened the meeting of the Supreme Council for National Defense (CSAT), set to take place on Monday at the Cotroceni Presidential Palace, the Presidential Administration announced.According to the cited source, on the agenda of the CSAT meeting, which will take place at 12:00, are included topics related to:* the status and […]
Prime Minister Ilie Bolojan declared on Friday that all tender procedures financed from the state budget will be suspended for the next six months to prioritize projects, and those with European funds will be accelerated."An important aspect related to the prioritization of investments in general, not only on European funds, but on all projects, including […]
Minister of Foreign Affairs, Oana Toiu, had a telephone conversation on Friday with the French Minister for Europe and Foreign Affairs, Jean-Noel Barrot.The two dignitaries reconfirmed the Strategic Partnership between Romania and France and discussed areas of common interest, as well as recent developments at the international level, according to the Foreign Ministry's Facebook account.The […]
