The government approved on Thursday a bill for the purchase of 32 F-35 fighter jets, the Executive's spokesman Mihai Constantin announced."A bill was approved and sent to Parliament in a fast-track procedure, proposing that the Government of Romania award the Government of the United States of America the 'Offer and Acceptance' contracts for the purchase of 32 F-35 aircraft, engines, munitions, initial logistic support, permanent access to the F-35 global support chain, equipment and aircrew training services, support staff and aviation technical staff, special regime cryptographic equipment, specialized assistance, as well as the realization of industrial cooperation projects consisting in the transfer of technology or products. The necessary funds shall be provided from the state budget, through the budget of the National Defense Ministry, through loans or loan guarantees offered by the U.S. Government, or through a combination of these options," Mihai Constantin told a press conference at the Victoria Palace of Government.Also, the proposal was made for the National Defense Ministry and the Ministry of Economy, Entrepreneurship and Tourism to conclude specific industrial cooperation agreements with the manufacturer of the F-35 aircraft, Constantin added.
Imagine living in Europe with visa-free travel across 29 Schengen countries, low living costs, and access to some of the best tax policies in the EU—all without the typical bureaucratic hurdles. Sounds too good to be true? It’s not. Romania’s business residency program is the ultimate “cheat code” for expats looking to make Europe their […]
Igor Feio, a Portuguese citizen living in Romania for over ten years, analyzes the mechanisms that favored then rise of populist and far-right parties and candidates in the recent presidential and parliamentary elections. Throughout Europe over the last half a decade, movements and parties from what is considered to be a far-right and populist ideology […]
Hungarian low-cost airline Wizz Air is further expanding its base in Craiova, in southern Romania, following the reallocation of its second aircraft, an Airbus A320neo, in the summer of 2025. Starting June 1, 2025, the airline offers a connection between Craiova and Memmingen. Beginning with June 2, it will introduce one between Craiova and Bari. […]
White Image, a leader in business process automation and optimization, has expanded its service portfolio with a new digital solution—integrating brand campaigns into WhatsApp, thus offering clients the opportunity to exploit one of the most effective digital communication channels. This strategic step comes in the context of a growing demand for quick and efficient consumer […]
Moldova, Romania’s small eastern neighbor, is set to declare a state of emergency in the energy sector for 60 days, starting December 16, 2024. The announcement was made by prime minister Dorin Recean during a press conference. This situation has arisen because the Republic of Moldova can no longer rely on supplying Transnistria with gas […]
Legal frameworks often struggle to keep pace with rapid technological advancements, but Andreea Cirstea-Ion and Roman Hamed, the founders of the Romanian law firm Roman HAMED & Andreea ION (“Legal to Business”), are determined to close the gap. In this interview, the duo shares their journey from law school to establishing a firm that thrives […]
