Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. EconMin says concerned to draw SAFE Programme funds...

EconMin says concerned to draw SAFE Programme funds in advantageous conditions

October 20, 2025

Economy Minister Radu Miruta on Friday said that he is focused on ensuring that Romania uses, under advantageous conditions, the entire amount of funding available through the Security Action for Europe (SAFE) programme.Details about the funding proposals under SAFE are classified, he mentioned, after participating in the Aspen European Strategic Forum, which is taking place at the Palace of Parliament.'All I can tell you is that we have a very functional collaboration with the Ministry of Defence. We have received the list of priorities from the Ministry of Defence, and we are examining how we can serve this list of priorities within Romania. The concern is to draw the full amount of funds available through SAFE for the defence sector. However, I shall be very frank: I won't be satisfied merely because the funding was drawn. My concern is that there are advantageous conditions. In recent years, we have seen headlines in Romania about investors opening plants only to leave five years later, bankrupting the operation and disregarding Romania's contribution,' the minister explained.According to him, the conditions under which an investor comes to Romania must be fair.'At the Ministry of Economy, I've seen entire series of contracts that were made to Romania's disadvantage (...) I'm talking both about defence and in general - it seems to be a widespread issue. Contracts initially worth 675,000 euro ended up costing several million. Where does the difference go, and for whose benefit?,' Miruta commented.He mentioned the initial contract with Rheinmetall for the gunpowder factory Pirochim in Victoria as an example: 'There were some conditions that we were told couldn't be changed. We went through them one by one, changed them, and in the end, just from these changes alone - quantifiable, specifically - it's 92 million euro more for Romania. Who had accepted a 92 million euro disadvantage for Romania? The news that Rheinmetall was coming to Romania was the same - only with 92 million euro less. So yes, we'll draw the full amount (through SAFE), but under fair commercial conditions,' said Radu Miruta.Romania is set to benefit from 16.68 billion euro in funding through the European SAFE mechanism, according to provisional allocations announced by the European Commission for member states that expressed interest in the programme.According to a Government statement, participation in the SAFE programme has three major implications, and the amount allocated to Romania is the second largest among those announced by the Commission on Tuesday.

Read in full - click here
One last star to shine: Corinthia Bucharest prepares the final act of its Michelin Dinner Series

Some dinners are eaten. Others are remembered. At Corinthia Grand Hotel du Boulevard, the past few months have unfolded like a quiet culinary opera. One by one, Europe’s most celebrated chefs arrived, took over the kitchen of Boulevard 73 and left behind more than menus; they left stories. Now, on December 4, the curtain falls. […]

HORIZON CITY - The New Residential Anchor of Northern Bucharest

HORIZON CITY, a €130 million residential project, is emerging as one of the most solid and forward-thinking developments in the Pipera area—both through its scale and through the modern direction it sets for the new residential standards in the north. Developed across nearly 23,000 sqm, with 699 apartments and 926 parking spaces, the project brings […]

Romania’s forestry authority Romsilva puts 16,000 Christmas trees up for sale

Romania’s National Forest Administration, or Romsilva, announced that it is putting over 16,000 Christmas trees up for sale over the winter in a press release published on Thursday, November 27. The trees can be purchased directly from the offices of the forestry districts. Prices range between RON 17 (EUR 3.3) for a spruce...

New 14 km segment of Romania’s A7 Moldova highway inaugurated

Lot 3 Pietroasele–Buzău of Romania's A7 highway, also known as the Moldova highway, was inaugurated on Thursday, November 27. The newly inaugurated segment is 13.9 km long. The A7 connects Romania’s historic regions of Muntenia, the southern part of the country, with Moldova, the eastern part. “We are opening another 13 km of the Moldova Motorway […]

Romania’s Sinaia inaugurates alpine coaster for year-round mountain fun

The City Hall of Sinaia, a popular mountain town roughly 120 km north of Bucharest, announced that a new attraction, the alpine coaster on Pârtia Nouă, will officially open on December 1. The installation, located in the ski area near the Sinaia Gondola, features what the authorities say is the longest track of its kind […]

Romania scores first win in group stage of Women’s Handball World Championship

The Romanian national team debuted with a victory in Group A of the Women’s Handball World Championship, organized in the Netherlands and Germany. Romania won 33–24 (13–12) against Croatia in the Ahoy Arena in Rotterdam on Thursday, November 27. The Romanian team dominated the match in the second half, left backer Sorina-Maria Grozav scoring 7 […]