The Romanian Air Force getting equipped with state-of-the-art air-to-air missiles significantly increases the safety of the national and NATO airspace and ensures a high degree of interoperability with similar components of the US Army, Romania's Defence Minister Angel Tilvar said on Friday .In a message released by the Defence Ministry (MApN), Tilvar welcomed the recent announcement that the US has approved the sale of AIM-9X Sidewinder Block II missiles to Romania to provide advanced air-to-air capabilities for Romania's F-16 aircraft. The missiles are valued at approximately USD 70 million. The Block II missile contains the most advanced technology of the AIM-9X Sidewinder to date and is currently in service with the U.S. military."The Romanian Air Force's access to state-of-the-art air-to-air capabilities contributes significantly to increasing the safety of the national and NATO airspace and ensures a high degree of interoperability with similar components of the US Army," added Tilvar.The acquisition also includes logistic support, namely spare parts, training missiles, personnel training, technical assistance, technical documentation and transport services, so as to ensure a complete capability for the Romanian Air Force."The United States remains essentially committed to strengthening its posture to defend and deter any aggression in the Black Sea area. The Romanian armed forces will continue to act to strengthen the defence and security dimension of the joint strategic partnership," Tilvar said.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
