National Defence Minister Angel Tilvar, while at the Munich Security Conference, had a meeting with representatives of the German company Rheinmetall AG. An important point of discussion was the project for building a powder plant in Romania through a partnership between Romarm and Rheinmetall, the National Defence Ministry (MApN) announced on Sunday."Cooperation with companies like Rheinmetall, a major player in the global defense technology market, can be a success story for Romania. All of Romania's Army modernisation programmes with state-of-the-art military technology are based on leveraging all possible opportunities for industrial collaboration with national economic agencies. The transfer of high technology and the integration of a larger portion of the production of contracted equipment into national industrial capacities significantly contributes to strengthening Romania's security and resilience, in this complex geopolitical context in our region," said Tilvar, according to a press release.An important point of discussion was the project for building a powder factory in Romania through a partnership between Romarm and Rheinmetall.This project benefits from a EUR 47 million grant provided by the European Commission through the Act in Support of Ammunition Production (ASAP) programme.The investment will increase ammunition production capacity, supporting both national security and the strengthening of the European defence industry, the Defence Ministry shows."The success of this initiative will demonstrate our commitment to increasing domestic production and strengthening European industrial capacities. Romania has the opportunity to become an important player in ensuring ammunition supply at the European level," Minister Tilvar said.Representatives of both parties appreciated the constructive dialogue and expressed their desire to expand collaboration through new strategic defence projects, the press release further reads. (Photo:https://armed.mapn.ro/)
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 […]
