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.
AnimaWings, the Romanian airline founded in 2020, has introduced new all-inclusive service packages on both international and domestic flights, marking what the company describes as a first in its onboard offering. The packages, named Priority All Inclusive and Priority All Inclusive Plus, combine baggage, meals, drinks, premium seating, and airport priority services into a single […]
Property developer M Core has opened M Park Orăștie, a new retail park developed on a 23,000 sqm plot in an established commercial area of the Romanian city. The project delivers around 5,500 square meters of single-level retail space, designed to accommodate a mix of fashion, homeware, electronics, and everyday essentials retailers. The company said […]
More than 80% of the electricity production capacity of the new nuclear reactors in the works in Romania could power a Black Sea AI Gigafactory project, according to a plan laid out by the government. Romania has already secured financing and partners to develop units 3 and 4 at the Cernavodă nuclear power plant, with […]
The Institute for the Investigation of the Crimes of Communism and the Memory of Romanian Exile (IICCMER) has issued a public appeal to president Nicuşor Dan and prime minister Ilie Bolojan to demonstrate “firmness in decision-making” in order to counter what it describes as an “increasingly insidious phenomenon of pro-totalitarian nostalgia,”
AFI Romania, part of the leading real estate development, management, and investment company operating across Central and Eastern Europe, AFI Group, announced that it secured a EUR 537 million refinancing package for three major projects in its portfolio: AFI Cotroceni, AFI Brașov, and AFI Ploiești. The three projects included in the refinancing are among the […]
State-controlled Hidroelectrica (BVB: H2O) allegedly supplied electricity for years to politically connected companies and religious institutions without issuing invoices or collecting payments, according to public data analysed by investigative platform Recorder. The supplies...
