Interim President Ilie Bolojan convened the Supreme Council for National Defense (CSAT) on Wednesday, April 30, starting at 2:00 p.m., the Presidential Administration informs. Interim President Ilie Bolojan convened the Supreme National Defense Council (CSAT) on Wednesday, April 30, starting at 2:00 p.m., the Presidential Administration informs. The agenda of the meeting includes Romania’s participation in the European Response Plan – Readiness 2030, the draft law on Romania’s national defense and the National Plan on military mobility. The CSAT meeting will also discuss the draft law on some measures necessary for the implementation of national security projects in the field of hydropower and the national strategic vision in the space field. “The Council meeting will also analyze other current issues in the field of national security,” the Presidential Administration’s press release states. The last meeting of the CSAT took place on March 28, the first meeting of the Council since Ilie Bolojan has been the interim president of Romania. On that occasion, the CSAT decided to continue providing military support to Ukraine. Also, at the meeting there were discussions about strengthening the defense on NATO’s Eastern Flank, and a phased increase in the percentage of GDP allocated to defense spending was agreed upon, the Presidential Administration informs. Romania will buy a new military ship, a light corvette.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
