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.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
