Minister of National Defense Mihai Fifor said on Friday that Romania has accomplished the goals set for this year as regards the endowment of the Army. “No farther than last week, the Ministry of National Defense has paid for another three ‘PATRIOT’ long-range missile defense systems, which is exactly according to plan. In February this year we paid for the first HIMARS system. The bidding process for the four multi-purpose corvettes that will be built in a Romanian shipyard is in full swing and we hope that in two weeks at the most we will know the outcome of the procedure. We are also in full process of negotiation with the Craiova aircraft factory for the upgrade of the Hawk IAR-99 airplane, and we hope to close the procedure this year. The procurement of the multi-purpose wheeled vehicles, specifically for the trucks for the Romanian Army is also underway,” DefMin Mihai Fifor said. He also mentioned that the first two PIRANHA 5 8×8 armored carriers have left the facility of Swiss manufacturer Mowag, heading for the Bucharest Mechanical Plant; the two are the first of a fleet of 36 carriers that will endow the Romanian Army under the first major Armed Forces equipment program carried out with the allocation of 2 percent of GDP for Defense. “We can say that this year, the government has shown that Romania is a good and trustworthy partner for the North Atlantic Alliance, but also within the strategic partnership with the US. Let me remind you that this is the second consecutive year where the Romanian Government allocates 2 percent of the GDP for Defense. Premier Viorica Dancila has made it perfectly clear that this allocation will continue in the following years. As a matter of fact, the 2019 budget draft for the Ministry of National Defense is ready, the budget allocation is equally 2 percent, with major to-dos to accomplish next year,” said Minister Mihai Fifor. “Drawing the line, we can say yes, Romania has once again shown that it is a credible partner to the North Atlantic Alliance and also for the strategic partnership with the US,” the Minister of National Defense concluded.
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]
The Buzău Land UNESCO Global Geopark in Romania has become a “living laboratory” this week as a team of American researchers arrived to study microorganisms capable of surviving in extreme environments. The scientists, part of the interdisciplinary research organisation The Two Frontiers Project, are examining methane seeps, sulfur and petroleum springs, saline sources, and other […]
A moose has been unexpectedly spotted in the Hunedoara county area, specialists from the conservation group Rewilding Romania announced on Wednesday, December 10, sharing footage of the animal on social media. The sighting is considered “an important discovery for Romania’s wildlife,” though experts caution that it remains unclear how the animal reached this region. According […]
Trade unionists will continue to require the Presidential Administration to mediate the conflict with the government on issues such as the minimum wage or the collective labour agreement, said Bogdan Hossu, president of the Cartel Alfa trade union confederation, as reported by
Prime minister Ilie Bolojan said on Wednesday, December 10, that Romania’s state budget for 2026 will be adopted only at the end of January, citing the need for Parliament to first approve legislation required to ensure predictability and compliance with the country’s deficit targets. His comments came as the government has been working to align […]
Bosch announced that its Global Business Services centre in Romania, at Timisoara, plans to reduce approximately 510 positions of the existing 1,800 by the end of 2030 as part of a cost-cutting plan that aims to lay off 13,000 employees worldwide across the entire group. The company cited “stagnant demand for services” and “productivity potentials […]
