The Minister of National Defence Vasile Dincu declared on Tuesday that our country will manufacture drones and mini-subs in the next two or three years.Asked, in Parliament, if it is possible in our country to open new units of arms manufacturing, Dincu said: "Certainly. We will have at least subassemblies, we will manufacture drones in Romania, we will have a production of mini-subs, we will have productions tied to arms and in the armored area as well. (...) In the coming years, two or three years, we will already have productions and we could even have them sooner. There are elements that have already begun, elements of joint-ventures made with important countries, such as Germany, Italy, the United States, Israel. (...) We already have maintenance units, such as the one in Bacau, maintenance for F16 aircraft, the national maintenance center, we hope that we will be able to accredit as many national centers for maintenance of armored vehicles as we can".He added that Parliament will most likely approve next year to increase GDP spending for defence and that there is already an acquisition list in the plan within the strategic document of Romania's Army 2040."This means that we have a reporting and procurement threshold in 2026, one in 2032 and one in 2040. Obviously if we will have extra money we will first increase the percentage from this budget for procurement. It is the main aspect and certainly here we will bring projects that should have begun, for example, in 2027 or 2030, we will bring them closer, if we will manage. It is important to know what sums we will have, as well as the potency that it has and will have in the future, especially our defence industry, because at this point the most important thing would be to not buy everything from abroad, but rather to produce as much as we can in Romania," Dincu mentioned.
The National Bank of Romania (BNR) ended 2024 with a profit of roughly RON 3.8 billion (EUR 760 million), a 58% increase compared to the previous year, despite the operations it performed to maintain the national currency's stability. The figures, published in a report on Monday, June 23, show that operating costs for 2024 were […]
Over half of Romanians trust the United States and the United Kingdom, according to the Informat.ro - INSCOP Research Barometer conducted between May 26–30, 2025. Only 11% trust Russia, with higher levels of trust from among far-right voters of the Alliance for the Union of Romanians (AUR) party. The United States is trusted by 52.8% […]
Prahova County launched construction on a major cycling infrastructure project aimed at connecting local vineyard towns and promoting green mobility and sustainable tourism. The initiative, titled “Establishment of Bicycle Lanes on Bachus’s Route,” represents an investment of over RON 25 million, with RON 21 million coming from non-reimbursable funds provided by the Environmental Fund Administration. […]
Forvis Mazars, the international audit, tax and advisory services partnership, is pleased to announce the launch of its International German-Romanian Desk, an initiative aimed at addressing the demand for integrated cross-border tax and legal support between Germany and Romania. The Desk combines a highly qualified German team of lawyers with an interdisciplinary Romanian team of […]
Last week, the BBC reported that Romanian authorities have launched an investigation into Tristan Tate, brother of controversial internet personality Andrew Tate, over allegations he broke election laws by posting political content on social media during the recent presidential elections. The investigation, opened by the Ilfov county police according to the British newspaper's sources, is […]
Bucharest is facing growing environmental challenges, with traffic-related air pollution, shrinking green spaces, and worsening climate impacts threatening the health and well-being of its residents, according to the latest “State of the Environment in Bucharest” report released by the Bucharest Community Foundation through the Environmental Platform for Bucharest. For example, air pollution has already reached […]
