The stability of the Western Balkans region remains a strategic priority for Romania, which is substantially engaged in operations in this region, Defense Minister Angel Tilvar declared on Monday at a meeting with Croatian ambassador in Bucharest Marija Kapitanovic."The security of the area is closely linked to that of the Black Sea region," the Romanian minister emphasized, as cited in a Defense Ministry release.The talks also reviewed relevant aspects of the Black Sea region's security situation, against the background of the Russian Federation's war of aggression in Ukraine.The defense minister emphasized the importance Romania attaches to the Western Balkans region, highlighting the fact that Romania is holding this year the command of the EUFOR Althea mission in Bosnia-Herzegovina - a major commitment to the EU's Common Security and Defense Policy. Apart from being the top contributor of troops, Romania also participates in EUFOR Althea missions with a helicopter detachment of its National Air Force, Angel Tilvar said, mentioning also the presence of Romanian troops in the NATO Kosovo Force - an essential mission in maintaining a safe and stable security environment.The two officials also discussed cooperation within regional initiatives such as the South-Eastern Europe Defense Ministerial (SEDM) Process, whose presidency is held by Romania over 2023 – 2025.
Interim president Ilie Bolojan announced the upcoming meeting of the Supreme Council of National Defense (CSAT), scheduled for Friday, March 28, at the Cotroceni Palace in Bucharest. The agenda of the meeting includes discussions on several critical topics, notably the status and future of the ongoing conflict in Ukraine...
The EU joint acquisitions in the defense sector are an opportunity for the national defense industry, said Romania's interim president, Ilie Bolojan, at the end of the European Council meeting he attended on Thursday, March 20. The official said that discussions at the meeting were focused on accelerating measures for European defense preparedness so that […]
Romania’s Cătălina Ponor is one of the four gymnastics legends to be honored at the 28th annual International Gymnastics Hall of Fame (IGHOF) induction ceremony on May 17, according to an official announcement. The event will be held at the Petroleum Club in Oklahoma City. The 2025 IGHOF inductees are Beth Tweddle, Andreas Wecker, and […]
Value vouchers contributed over RON 32 billion to Romania’s Gross Domestic Product in 2023, which represents more than 2% of the national GDP. According to a study conducted by the Bucharest University of Economic Studies (ASE), value vouchers, including meal vouchers, holiday vouchers, gift vouchers, and cultural vouchers, have played an essential role in supporting […]
A new survey aiming to assess European citizens' views on transatlantic relations and security issues found that citizens in Romania and Poland are the most concerned about the possibility of an armed conflict in the coming years, but also share relatively positive views of Donald Trump and Elon Musk. Around 74% of Romanians, and 71% […]
The European Bank for Reconstruction and Development (EBRD) has committed EUR 15 million to Morphosis Capital Fund II, a private equity fund supporting small and medium-sized enterprises (SMEs) and lower mid-market companies in Romania and across Central and Eastern Europe (CEE). Managed by Morphosis Capital Partners, the fund aims to provide equity financing as an […]
