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.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
