The PATRIOT system operational in Romania is indispensable, and the discussion on the transfer of such a battery to Ukraine will be analyzed in the Supreme Council for Country's Defense (CSAT), the minister of defense Angel Tilvar stated on Tuesday in Brasov."No one said that we have to give it [a PATRIOT system battery - editor's note]. These are requested hardware, taking into account the situation there. We have one such functional equipment and three that are in the process of becoming functional. Until then, our need is currently satisfied by this equipment. We are going to have other discussions," said the minister, according to national television channel TVR.He explained that, at this moment, there are four PATRIOT systems in our country, one of which is operational and the rest are being operationalized. Three more such systems are to be received by the Romanian state."We took them precisely for Romania's need to defend its national territory. So they are relevant, and from this point of view, this operational system is indispensable," Tilvar pointed out.According to the minister, the discussions regarding the transfer to Ukraine of such an anti-aircraft defense system will be held at the CSAT level."We, at the level of the National Defense, have made assessments related to this. (...) It is not a question of harming national security, it is a question of defending the national territory, obviously, in agreement with our allies, because Romania is part of an alliance that honors us and that generates security guarantees", the minister of defense also pointed out.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
