National Defence Minister Ionut Mosteanu met on Tuesday with Herald Ruijters, Deputy Director-General within the Directorate-General for Defence Industry and Space (DEFIS) at the European Commission, regarding the implementation of the Security Action for Europe (SAFE) initiative.According to a National Defence Ministry (MApN) release, the discussion took place ahead of the planned visit by DEFIS experts to Bucharest on Wednesday, 15 October, for technical consultations on projects to be funded through this instrument.Within the meeting, Minister Ionut Mosteanu thanked the European Commission representative for the close expert-level cooperation in implementing the SAFE regulation in Romania, including finalising the national investment plan for the European defence industry. In respect to this process, the progress made at the national level was highlighted, alongside calls for continued strong cooperation in the future.Moreover, it was expressed Romania's interest in fully utilizing the SAFE instrument, together with member states and eligible partners."Romania aims to fully harness the opportunities offered by the SAFE instrument by involving the national defence industry in strategic areas such as military mobility, air and missile defence, land systems, strategic enablers, individual soldier equipment and maritime systems. We also appreciate the inclusion of drone and counter-drone systems, which are essential in light of recent European initiatives such as Eastern Flank Watch and the European Drone Wall," Mosteanu said.The Romanian official emphasized the importance of coordinating member states' efforts in investment implementation and highlighted the Commission's significant role in connecting with the defence industries and their development in a comprehensive manner at the European Union level, especially in regions most exposed to military threats.At the same time, the Romanian Defence Minister underscored the importance of involving the European Union's closest partners in this initiative, as they can have an essential contribution in speeding up urgent acquisitions, especially to meet the needs of Eastern Flank states. He also highlighted the importance of cooperation with Ukraine in developing military capabilities, by capitalizing on this partner's experience in terms of innovation and rapid adaptation to high-intensity warfare conditions.
Vaunt, a Romanian real estate technology platform, is expanding into the United States after surpassing 80 clients and a transaction portfolio of nearly EUR 860 million. The expansion targets New York and Miami specifically. “Vaunt is a platform that helps real estate developers manage the sales process from the moment they receive the building permit until […]
IVF clinic Embryos, majority-owned by investment firm Integral Capital Group, has acquired the Oradea-based Calla Infertility Diagnostic and Treatment Center. The move is part of the development strategy of the network Embryos, which started in 2025 with the opening of a clinic in Buzău and the acquisition of Adella Clinic in Sofia, Bulgaria. The turnover […]
Romania has 56 companies included in the 17th edition of the Coface CEE Top 500 ranking, which shows how the largest companies in the region are navigating the current business landscape. The country climbed two positions from last year but remains underrepresented. The companies are ranked by turnover, analyzing additional indicators such as workforce size, business […]
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
