The minister of Defence, Angel Tilvar, appreciated the recent acquisition by the German arms manufacturer Rheinmetall of the majority of shares of the Automecanica Medias company at a meeting with the company's representatives, the Ministry of National Defence (MApN) informs.As part of the participation in the Aeronautics Exhibition - ILA 2024, in Berlin, minister Tilvar had, on Wednesday and Thursday, a series of working meetings with the representatives of some international companies from the defense industry, present at the exhibition event.Wednesday's meeting with the representatives of the Lockheed Martin company was "a good opportunity for the Romanian side to emphasize the importance of the collaboration between the American company and the Ministry of National Defense for the achievement of the goals of equipping and modernizing the defense capabilities of the Romanian Army," MApN states.Minister Tilvar highlighted the two industrial cooperation projects that Lockheed Martin has undertaken in Romania, within the two national maintenance centers that were established within the Aerostar SA Bacau company, for the F-16 aircraft and for the HIMARS systems. Angel Tilvar recalled that Romania has already taken "important steps in the program of purchasing F-35 aircraft, also produced by Lockheed Martin, which will be implemented by agreement between the governments of Romania and the United States".The Romanian minister emphasized that this acquisition program, "the most important in the history of the Romanian Army, ensures not only the provision of the Romanian Air Force with V-generation aircraft, but also creates opportunities for industrial cooperation in a high-tech field for Romanian relevant companies, urging the representatives of the Lockheed Martin management to analyze the possibilities of expanding cooperation in this segment as well".Also on Wednesday, the minister also met with the representatives of the Airbus French company, an important manufacturer in the aerospace field present in Romania. The discussions focused on the role of the defense industry as a suitable solution to the increased requirements of military capabilities of the allied states in the current security context. Angel Tilvar emphasized the tradition of Romanian military aviation's cooperation with the French company and expressed his appreciation for the investments and involvement of Airbus in the relevant market in our country, especially through the cooperation with the national industry in the line of maintenance, repair, overhaul and modernization of helicopters.
The European Commission has approved a payment of EUR 1.27 billion to Romania as part of the National Recovery and Resilience Plan (PNRR) funding worth some EUR 28 billion in total. The rest of the scheduled payment, totaling EUR 870 million, was suspended. Romania’s European funds minister, Marcel Boloș, announced that three objectives included in […]
The tech startups YellowGrid, WiseWatts and Procesio won CleanTech Corporate Hackathon 2025, the first event dedicated to innovators, startups and scaleups creating AI-based technologies and solutions for sustainable energy in South East Europe. YellowGrid, the team that won first place and the EUR 5,000 prize, is composed of Cătălin Stăncel, Sergiu Mureșan, Andrei Antohie and […]
Romanians' trust in the EU is well above the European average, but they occasionally show different priorities compared to those of most Europeans, according to the most recent Eurobarometer survey. The measurement, conducted in the winter and spring of 2025, shows an overall increase in European citizens’ trust in the EU, especially in the areas […]
Romania has dropped four positions in the global Startup Ecosystem 2025 report by StartupBlink. It is now ranked 48th worldwide, and has lost ground in Eastern Europe, where it dropped from 8th to 9th place, after Ukraine advanced one position and Greece two positions, surpassing Romania globally. However, Romania is now 16th in the global AI top […]
The Nufărul geothermal station in Oradea, developed through a European project worth EUR 25 million, was officially inaugurated on Thursday, May 29. The station is the first of its kind in Romania, and builders had to drill approximately 2,800 meters for water. “All extracted water comes to the geothermal station on Iancu de Hunedoara Street, […]
CTP, a leading developer, owner, and operator of industrial and logistics properties, has extended its collaboration with HelpShip, a major e-fulfillment and logistics provider within the euShipments.com group, increasing HelpShip’s leased space to 20,000 sqm at CTPark Oradea Cargo Terminal. The expanded facility will serve as the company’s main fulfilment center. With HelpShip’s growth from […]
