The contribution of the United States of America is vital for maintaining peace and security in the Black Sea region, National Defense Minister Angel Tilvar said on Thursday in a telephone conversation with his US counterpart, Lloyd J. Austin III.According to an MApN press release, the talks focused on the security situation generated by the Russian Federation's war of aggression in Ukraine, cooperation between Romania and the United States under the aegis of the Strategic Partnership, the status of the Romanian Army's endowment programs and modernisation needs.The Romanian minister underlined Romania's firm commitment to support Ukraine's defense efforts."Romania continues in solidarity its efforts to support Ukraine and to back the Ukrainian Armed Forces in the face of indiscriminate attacks launched by the Russian Federation on the population and the critical infrastructure. Ukraine can rely on the allied unity and cohesion," said Angel Tilvar.Ways to strengthen and deepen the security and defence relations between Romania and the United States to respond to current challenges were addressed by the two officials.Secretary of Defense Lloyd J. Austin III expressed his appreciation for the way in which Romania has consolidated its position as a pillar of stability on NATO's Eastern flank and thanked for the support given to the US forces deployed in our country.In his turn, Minister Tilvar thanked the US for its significant contribution in ensuring the security of Romania and NATO's Eastern Flank, emphasizing the strategic importance of the US presence in Romania."The United States' contribution is vital for maintaining peace and security in the entire region," the Romanian official said.During the discussion, the two officials also reviewed the status of the major endowment programs carried out by the Ministry of National Defense in collaboration with the US partner.In the end, both sides reconfirmed their joint commitment to strengthening the deterrence and defence posture on the Eastern flank of the North Atlantic Alliance.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
