The enlargement of the 57th Air Base is an important step in Romania's efforts to adapt to the new realities of the current and future security environment and a major contribution to strengthening the role of pillar of stability that our country has assumed in the Black Sea region, Chief of Staff of the Romanian Air Force, Major General Leonard-Gabriel Baraboi said on Tuesday.According to a MApN press release, the start of construction works for a new runway at the "Captain Aviator Constantin Cantacuzino" Air Base in Mihail Kogalniceanu was officially marked in the presence of Minister of National Defence, Angel Tilvar.The event was also attended by the head of the Directorate of Domains and Infrastructures, Brigadier General Cristian Apostol.At the end, Minister Tilvar pointed out that the constant allocation to the Defence budget of 2% of GDP, starting with 2017, raised to 2.5% this year, is starting to produce concrete effects."These investments will significantly improve the operational and training capabilities of the Romanian and allied Air Forces that will be able to be deployed here, but will also contribute significantly to the economic development of the local communities - the locality of residence, Mihail Kogalniceanu, but also the other administrative-territorial units in the vicinity, by creating new jobs and attracting important investments for the entire county of Constanta," said the minister, according to MApN.The head of the Romanian Air Force, Major General Baraboi, said that the project to enlarge the 57th Air Base will result in the first military capability and, at the same time, the first complete and complex element of airport infrastructure built by Romania after 1990.The entire investment project for the modernisation and expansion of the 57th Air Base "Captain Aviator Constantin Cantacuzino" at Mihail Kogalniceanu has a total value of approximately 12.173 billion lei, excluding VAT. At the end of the works, the area of the base will be approximately 2,800 hectares.
Exim Banca Romaneasca supports the development of Romanian companies by granting loans for investments and working capital under advantageous conditions, with European guarantees that can cover up to 70% of the financing value, following the signing of a guarantee agreement between the bank and the European Investment Fund (EIF). EIF guarantees can be accessed under […]
Romania’s Ministry of Investments and European Projects will introduce an open data type of reporting, with all 17,000 projects included in the EU-funded Recovery and Resilience Plan, or PNRR. The projects will be placed in a database indexable by location, type of beneficiary, or type of intervention, according to minister Dragoș Pîslaru. "We are talking […]
Romanian developer IULIUS announced on Tuesday, September 23, that it will invest EUR 29 million in “the largest bioremediation project in Europe by a private investor,” restoring 38 hectares of contaminated land in downtown Constanța as part of its EUR 800 million urban regeneration project. The site, once home to the city’s Oil Terminal platform, […]
The Prosecutor’s Office attached to Romania’s High Court requested that the European Parliament lift the immunity of MEP Diana Șoșoacă on Tuesday, September 23. The request relates to cases of unlawful deprivation of liberty, Holocaust denial, public promotion of the cult of persons convicted for genocide and war crimes, as well as fascist, legionary, racist, […]
Greek authorities have arrested two Romanian nationals on suspicion of espionage after they allegedly took pictures of the Hellenic Navy’s main base on the island of Salamina, the Coast Guard said on Tuesday, September 23, as reported by ekathimerini.com. The men, aged 52 and 22, were detained on Monday afternoon after Navy personnel spotted...
Last month, the Solis student team from the Technical University of Cluj-Napoca crossed the Australian desert from north to south over 6 days aboard the solar-powered car “Hyperion.” The crossing was part of the Bridgestone World Solar Challenge 2025, which took place on a 3,020 km route, from the cities of Darwin to Adelaide, crossing […]
