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."
Romanian prime minister Ilie Bolojan stated during an interview on Wednesday, December 17, that there should be no statute of limitations in cases of serious corruption. The statement comes after a Recorder investigation, which showed that several heads of the major institutions in the Romanian justice system allegedly delayed trials for years until wrongdoings were […]
President Nicușor Dan has challenged, before the Constitutional Court (CCR), the constitutionality of the law that requires that at least 40% of the athletes who play on a team in official national competitions be Romanian. Dan noted that the law violates the principle of non-discrimination and the free movement of workers, enshrined both in the […]
Craiova International Airport will open its new passenger terminal on Thursday, December 18, completing a major infrastructure investment aimed at significantly expanding capacity and improving air connectivity in southwestern Romania. It is part of a broader expansion and modernization project financed through the Large Infrastructure Operational Programme (POIM) 2014–2020, with a total value exceeding EUR […]
Romania is set to be connected to the Western European energy network thanks to grid investments worth EUR 30 billion. The funds will be provided by the EU by 2035, and the project will link Romania to Hungary and Austria in a joint project. Romanian energy minister Bogdan Ivan signaled the signing of the new […]
Franck Bagouet has been appointed managing director of TotalEnergies Marketing Romania SA and managing director of Automotive Southeast Europe Hub TotalEnergies Marketing. He succeeds Didier Grimault, who has accepted a new position within the TotalEnergies company. “I am glad to join this dynamic affiliate and confident that, together with our talented team, we will reinforce […]
Databricks, the data analytics and artificial intelligence company co-founded by Romanian professors Ion Stoica and Matei Zaharia, announced on Tuesday, December 16, that it is raising USD 4 billion in funding at a valuation of USD 134 billion, according to CNBC. The new valuation represents a 34% increase compared to the August round, when Databricks […]
