Romania is interested in expanding cooperation with Italy, within a multi-domain approach, Minister of National Defence Angel Tilvar said on Monday, in the context of a meeting with a delegation of Thales Alenia Space Italy and the ambassador of this country in Bucharest, Alfredo Maria Durante Mangoni."As far as defence cooperation is concerned, it is consistent at the level of all categories of forces of our army," added the Romanian minister, according to a National Defence Ministry (MApN) press release.The discussion agenda included topics related to the main Romanian Army equipment programmes currently underway or in preparation, reviewing the stages, specific procedures required by Romanian legislation and the role of the structures with responsibilities in the process of substantiating and approving the programmes for the provision of modern military equipment and techniques, the source said.The participants also discussed research and development projects within the framework of the Permanent Structured Cooperation (PESCO) in which MApN collaborates with Thales Alenia Space Italia, aspects related to bilateral cooperation and the presence of Italian companies at the Black Sea Defence and Aerospace exhibition - BSDA 2024.At the end of the meeting, Minister Tilvar and Ambassador Durante Mangoni reiterated the readiness and the need to strengthen cooperation in the area of defence procurement, infrastructure and other areas of interest, through joint preparation and participation in projects promoted and financed by the European Union.
A new study by MKOR shows that pro-Russian politician Călin Georgescu is the frontrunner in Romania’s presidential race, with 36.6% of voters favoring him in the first round. However, the data suggests that acting president Ilie Bolojan could defeat him in the runoff, where he would secure 42% of the votes against Georgescu’s 40%. Ilie […]
The City Hall of Timișoara, in western Romania, has approved the Zonal Urban Plan (PUZ) for the redevelopment of the former abattoir, paving the way for a large-scale transformation of the nearly five-hectare industrial site. The project, led by Țiriac Imobiliare through its subsidiary Goldale Real Estate SRL, will preserve the historical buildings while repurposing […]
Managing procurement within an organization can be challenging: large budgets, approval requests, complex processes, and endless administrative work that is difficult to control. Digitalizing procurement processes can radically transform this landscape. Matricia Solutions has implemented procurement projects for one of the largest...
Acting president Ilie Bolojan running for a full term is becoming an increasingly plausible scenario after one of the candidates, the one who won the second largest number of votes after isolationist Calin Georgescu in November 2024, said she would step down in his favor. The leader of the reformist opposition party USR, Elena Lasconi, […]
Vista Bank, which has been owned since 2018 by the Vardinogiannis Group of Greece, one of the largest industrial conglomerates in Southeastern Europe, announced the acquisition of Alpha Leasing Romania from Alpha Bank and Alpha International Holdings. Alpha Leasing also owns 100% of Alpha Insurance Brokerage Romania. The transaction, subject to regulatory approval, is expected […]
Romania's chemical group Chimcomplex (BVB: CRC) reported nearly RON 1.5 billion (EUR 300 million) turnover (+7% y/y) and remained in the black with a net profit of RON 3.5 million (-77% y/y) – quite a performance that put it in the select club of 18% European chemistry companies that avoided losses in the difficult year […]
