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.
In the first nine months of the year, MedLife recorded a consolidated pro-forma revenue of over RON 2 billion (EUR 400 mln), an increase of 24% compared to the same period in 2023. As these results confirm the upward trend from the first half of the year, MedLife is expected to become, probably, the first […]
Romanian companies Questo, Steepsoft AI, and Ascendia are among the fastest-growing technology startups in the region, being included in the main category of the 2024 Deloitte Technology Fast 50 Central Europe ranking. In addition, eight other local startups have also been recognized regionally. Questo,...
IMMO GURU, a company that rents its own real estate as short-term and long-term accommodation, was listed on the AeRO market of the Bucharest Stock Exchange on November 14, under the ticker IMMO. IMMO GURU is the fifth company listed on the Romanian stock exchange from the beginning of the year and the fourth on […]
The City Hall of Brașov announced that artificial snow production has started in Poiana Brașov, preparing the slopes for the upcoming ski season. Snow cannons and lances were activated on Friday morning, November 15, as temperatures reached -6 degrees Celsius at the top of Postăvaru Massif. “Considering the favorable weather conditions, with low temperatures in […]
On Thursday, November 14, the European Commission decided to refer Romania and Bulgaria to the Court of Justice of the European Union for failing to fully comply with the obligations regarding collection and treatment established in the Urban Waste Water Treatment Directive. Untreated or uncollected wastewater can endanger human health and pollute lakes, rivers, soil, […]
The big prize of the Romanian Lottery's 6/49 game was won on Thursday, November 14. The winning ticket, which brought almost EUR 9.6 million (RON 47.7 million) to the lucky player, was played at an agency in Galaţi and featured 630 combinations and one "noroc" play, costing a total of RON 4,413, the Romanian Lottery […]
