The Supreme Council for National Defense (CSAT) approved on Thursday the 2024 - 2033 Romanian Army Equipment Plan, re-examining the programs in the context of Russia's war of aggression against Ukraine, the Presidential Administration informed."The major change in the regional security situation generated by the Russian Federation's aggressive stance determined the re-examination, reprioritization and reconfiguration of equipment procurement programs for the development of the military capabilities required for countering the new threats, including by stepping up the purchase of the necessary war ammunition, and for gradually building up stocks," the Presidential Administration specified.Thus, as budget allocations for Defense are maintained at 2.5 percent of GDP, the Romanian Army will focus its strategic efforts on strengthening the defense capacity at national level and in an allied format "in order to effectively deter and combat all types of classic, asymmetric, hybrid or other threats.""This will be achieved by equipping the force structure with high-performance military technology and equipment, compatible and interoperable with those of the forces of the other NATO and EU member states, so as to ensure both the fulfillment of deterrence and defense missions, as well as their long-term viability through the level of efficiency and technological development," the release goes on to read.At the same time, in order to protect the essential security interests and ensure supply security, CSAT is directly interested in Romania "having on its national territory industrial facilities capable of ensuring both the production of modern military hardware for the peacetime equipment of its forces and of maintaining the purchased equipment in operational condition, as well as the manufacture or development of new equipment that will contribute to the multiplication of military capabilities in crisis or war situations."
NEPI Rockcastle, Central and Eastern Europe’s largest owner and operator of shopping centers, has inaugurated its first photovoltaic park in Chișineu-Criș, Arad county, in western Romania. The investment is part of its green energy programme, which includes a EUR 110 million plan for photovoltaic projects across Central and Eastern Europe. According to the company, these […]
A Romanian man sneaked into the museum five days before the theft of the Cotofenești Helmet and the Dacian gold bracelets from the Drents Museum in the Netherlands. The new information, revealed from the criminal case by Dutch RTL Nieuws, shows that Andrei B. is believed to have...
Romanian construction company Concelex has secured a contract worth over RON 49 million (EUR 9.7 million), excluding VAT, to modernize the Arad Penitentiary. The project will focus on improving living conditions, energy efficiency, and safety standards across four detention pavilions and one technical building, the company said. The modernization works, covering nearly 18,000 sqm, will […]
The historic Casa Petrescu/Petrescu House, a late 19th-century architectural landmark in central Bucharest, has been sold to the District 1 Local Council for EUR 1.7 million, Romania Sotheby’s International Realty announced. The property will be restored and transformed into a cultural and educational center for the local community. Built in 1895 by merchant Dimitrie Petrescu, […]
Average budget for experiential gifts: 650 lei. Flight simulator, sports car driving, and wine tastings, the top choices of the past decade. Complice.ro, curator and provider of experiences for individuals and companies, celebrates its 10th anniversary, highlighting the maturity of Romania’s experiential gifting market. What started with occasional gift packages has evolved into an integral […]
Former great gymnast Nadia Comăneci was present at the start of construction for the gymnastics hall that will bear her name, a project carried out by the Țiriac Foundation in Otopeni. In the summer of 1976, a then-14-year-old Nadia Comăneci received the first perfect 10 in the history of Olympic gymnastics, immortalizing her name in […]
