The present security situation shows that peace is no longer a certainty in Europe, said general Gheorghita Vlad, the Defense Chief of Staff, in his speech held on the occasion of the 165th celebration of the General Staff. “Contrary to norms of humanitarian international law, the actions of the Russian Federation are feeding the negative development of the threat potential and security risks. At the level of the Black Sea region, of strategic interest for NATO, we have a defense crisis situation,”said general Gheorghita Vlad. He pointed out that the Romanian Army has reconsidered its defensive architecture by adapting procedures, recalibrating the reaction capacity of forces and has consolidated structures of permanent combat service, air police and strengthening vigilence. “At the same time, capacities of knowing situations and early warning have improved. Our defensive capacity, Euro-Atlantic relations and Strategic Partnership with the US remain vectors of the national discouraging and defense position in the Black Sea area,” said the official of the National Defense Ministry. He mentioned that Romanian militaries are participating in NATO and EU operations in the West Balkans, Africa, the Mediterranea Sea and Indian Ocean. As host nation, Romania ensures the conditions needed to operate and pre-positiion allied forces and capabilities in Romania, according to Regional Plans.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
