The minister of national defence, Angel Tilvar has discussed in Berlin with the representatives of the Romanian companies in the aeronautical sector who were presented at the profile exhibitions and ILA 2024 about the cooperation solutions in the domain of production and business with the other participating companies, as well as about the promotion of their own products on an international level. "As I said at the BSDA 2024 exhibition in Bucharest, the defence industry is particularly important for the Ministry of National Defence," the Defence Minister said. "We have a very good cooperation with the Ministry of Economy and together we are looking for the best solutions to make the most of the opportunities offered to Romanian companies by the military procurement programmes. In today's complex security environment, in which Romania's strategic efforts are focused on increasing defence capabilities at the national and allied levels, the Army will continue to acquire high-performance military equipment and techniques that will ensure the capabilities needed to fulfil the missions and commitments undertaken towards NATO and Romanian citizens," Tilvar concluded.
Gold has been one of the most sought-after assets for centuries, and in the modern era, it has become a highly popular component of investment portfolios. A preferred asset for protection against economic risks, gold has delivered attractive long-term returns, increasing by approximately 8% per year over the past two decades. Since the end of […]
JTI Romania is the Top Employer for the 12th year in a row, being ranked third amongst 44 companies locally awarded, after an assessment conducted by the Top Employers Institute. The company was rated for about 20 criteria such as leadership, talent acquisition, on-boarding, digital HR, work environment, career development, learning, ethics & integrity, diversity, […]
Romanian defense minister Angel Tîlvăr stated that the contract for the Patriot system, which will replace the one ceded by Romania to Ukraine, is expected to be signed in February. The minister commended the decision of the United State government to approve the delivery of three Patriot systems to Romania. Raytheon stated it will collaborate […]
Romanian companies are entering 2025 with cautious optimism, focusing on managing risks and controlling costs, according to the Deloitte 2025 Romania CFO Survey conducted at the end of last year among approximately 130 Chief Financial Officers (CFOs). Most of the Romanian CFOs predict an increase in revenues for this year (58%), but their share has […]
Several employees of the Romanian Senate began protesting and booing while the president of the upper Chamber was announcing that staff restructuring would be implemented to reduce public spending. Ilie Bolojan, president of the National Liberal Party and head of the Senate, announced a reduction in the organizational chart from 796 positions to 618 positions. […]
The members of the Romanian angel investor network TechAngels put EUR 2.757 million in direct investments in tech startups in the second half of 2024, almost triple the amount invested in the year's first half. The investments for the entire 2024 rose to EUR 3.777 million, a 25% year-on-year increase. The rounds backed by TechAngels […]
