Stimulating cooperation between companies such as Lockheed Martin and the Romanian defense industry through joint projects and technology transfer is a strategic priority, considers National Defense Minister Angel Tilvar, who met on Friday on the sidelines of the Munich Security Conference with Lockheed CEO Jim Taiclet, a release informs."This direction is essential for developing the capabilities of the national defense industry and for increasing the engagement of Romanian companies in major military procurement and modernization programs," the minister said.Talks focused on analyzing the status of the ongoing programs for equipping the Romanian Army with high-tech systems produced by Lockheed Martin, and identifying ways to streamline the operationalization processes of those already in service, as essential aspects for consolidating national defense capabilities, with an emphasis on technology transfer and the development of Romania's defense industry.Angel Tlvar stressed that the National Defense Ministry remains "firmly committed to the decision to maximize the industrial cooperation opportunities opened up for the national economy by the equipping programs it plans and implements.""The development of Romania-based high-tech production capacities or co-opting local companies in carrying out maintenance processes throughout the life of the acquired hardware will contribute to increasing Romania's strategic resilience," the Defense Ministry states.The American side confirmed in this context its interest in intensifying industrial cooperation with Romania, with the potential to generate new highly skilled jobs in the local defense industry and to stimulate economic growth in this key sector.The Lockheed Martin CEO also reaffirmed the commitment to supporting Romania by speeding up the delivery schedule of the contracted equipment. Minister Tilvar emphasized the high quality of the Lockheed Martin products and highlighted the company's significant contribution to the transformation and modernization process of the Romanian Army throughout the 27 years of cooperation.Among the successful joint projects currently underway is the hosting by Romania of the European F-16 Training Center that provides a top-standard training setting for Romanian pilots and those from partner states, including Ukraine, with access to state-of-the-art technical resources and expertise.On this occasion, the defense minister reaffirmed the fact that for the ninth consecutive year, Romania allocates over 2% of GDP for Defense, with over 20% of the amount intended for major procurements of modern equipment, thus emphasizing the continuity and predictability of investments in strengthening national and regional security.
“Little London” Theoretical High School, a private educational institution in Romania that values the Romanian educational system, has started construction work for the expansion of its school campus located in Voluntari, on Erou Iancu Nicolae Street. This initiative will increase high school capacity by 30% starting from the 2025-2026 academic year. In this context, the […]
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
Three-quarters of Romanians believe that the war in Ukraine affects Romania to a very great and fairly great extent, according to the third edition of the Informat.ro barometer by INSCOP Research, carried out between September 1 and 9. The monthly survey, which aims to bring to public attention topics of interest, shows that “opinions are […]
Daniela Schoppmeyer, the majority shareholder and general manager of Faberrom, a company that took over in the 1990s most of the spaces of the former APACA clothing factory in western Bucharest, is the new owner of half of the emblematic Scala residential block, on Magheru Boulevard, Profit.ro reported. Schoppmeyer...
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
