The four NATO-approved battlegroups will become fully operational "in a relatively short period of time", with the one in Romania being "the most advanced," NATO Deputy Secretary General Mircea Geoana told Agerpres on Thursday.NATO has approved the creation of four battlegroups in Hungary, Romania, Bulgaria and Slovakia."They are already in an initial phase of becoming operational and will become fully operational in a relatively short period of time. We'll thus have eight battlegroups on the Eastern Flank, four existing ones in the Baltic area and Poland, plus four in our region - this, if you will, is a decision for the very near term," the official said.Regarding a permanent military presence on the Eastern Flank, Mircea Geoana spoke about NATO's decision on Thursday to appoint NATO military commanders "to present them with options for a more robust, permanent and sustainable military presence on the Eastern Flank. Based on this military opinion, NATO leaders will approve medium- and long-term decisions at the Madrid Summit."He reminded that there are already activated Defense Plans for the countries on the Eastern Flank, including Romania or Turkey."Today we have 40,000 Allied troops under the command of the NATO military, as a result of the activation of these plans, and also in the medium and long term, we will make decisions on missile defense systems, cyber defense, in general another quality and a another depth of NATO's presence on the Eastern Flank. "As to the battlegroups becoming operational, the Deputy Secretary General of NATO appreciated that "it is rather a technical issue at this time"."The composition of this battlegroup is known, its composition regarding the nations that announced their participation, some of them have today reconfirmed, obviously, France, the framework country, but also the Netherlands and other countries have announced their intention to participate. So I anticipate a relatively short period of time, and I am convinced that the Romanian military commanders, who are highly respected in NATO, will contribute to a very short timetable. I would say the battlegroup in Romania is the most advanced of the four decided and set up by our leaders," he added.
Young people aged between 16 and 18 in Romania will be able to establish and manage a new type of limited liability company (S.R.L.), which will be called a "firmă de exercițiu" (practice firm) and will have the abbreviation "S.R.L.-F.E.", according to a new project. A young person will be able to establish or acquire […]
Developer Skanska has signed an agreement to sell the first phase of the Bucharest office complex Equilibrium to Gordiusz Private Equity Fund, managed by Gránit Asset Management. The transaction value amounts to EUR 52 million. The Equilibrium office complex consists of two buildings in the business district Floreasca – Barbu Vacarescu. The first phase, which […]
This year's edition of the George Enescu International Festival, the largest classical music event in the country, will feature performances from some of the top sopranos and mezzo-sopranos of the moment. Among them are Asmik Grigorian, Sonya Yoncheva, Kristine Opolais, Magdalena Kožená, Julia Lezhneva, Sarah Aristidou, Jennifer Holloway, Aylin Perez, Elsa Dreisig, Rachel Willis-Sørensen, Ruxandra […]
Globinvest, an asset management company from Cluj-Napoca, is set to launch an exchange-traded fund, or ETF, grouping together companies in the energy sector and several financial companies. Globinvest, a company with 30 years of experience on the Romanian capital market, will list the new entity on April 28 under the symbol GIBEFETF. Ilie Cenan, Chairman […]
Cyberhaven, an AI-powered data security provider founded by three Romanians and two Ukrainian citizens, recently announced that it has attracted a USD 100 million Series D funding led by StepStone Group along with new investors Schroders and Industry Ventures, to further accelerate its rapid growth. The funding pushes the valuation of the company to USD […]
The electoral campaign for the presidential elections began on Friday, April 4, at midnight, with most of the candidates posting on social media within the first minutes. Far-right candidate George Simion, credited with the first shot at winning the first round according to the latest surveys, began the election campaign alongside his wife and supporters, […]
