The Government approved in Thursday's meeting an emergency ordinance aimed at establishing the Romanian Agency for Technological and Industrial Cooperation for Security and Defense (ARCTIS).According to a press release sent by the Government Press Office, the adopted emergency ordinance aims at "reducing the bureaucracy and creating a modern, flexible organizational structure, according to the strategic defense review process", lessons learnt and good practices from the Community and Euro-Atlantic sphere.At the same time, the following are considered: the regulation of technological and industrial cooperation operations, in order to protect Romania's security interests and develop the technological base of the national defense industry.Solutions for the co-opting the Romanian industry in the implementation of the multi-annual endowment plan, as well as its re-technological, are also targeted.The management of ARCTIS will be ensured by a president with the rank of secretary of state appointed by decision of the prime minister upon the proposal of the Minister of Economy, Entrepreneurship and Tourism and by a vice president appointed by order of the minister of economy. The maximum number of posts is 50, excluding the president and vice-president.The staff and assets of ARCTIS are established by taking over the staff and assets of the Special Technical Procurement Compensation Office. The attributions, organization and functioning of ARCTIS are established by the Government's decision, the project also provides.
Faster declines in orders and output fail to dampen future outlook Reduced demand for inputs sees inflationary pressures cool... ...and supplier performance improve for the first time on record The Romanian manufacturing downturn deepened in March, as firms signalled a deterioration across all elements of the headline PMI. New orders and output decreased at faster […]
Digital services revenue is estimated to rise by 44%, expanding from 34% to nearly half (49%) of companies revenue by 2029, according to a report compiled from IDC surveys across Europe, Asia-Pacific region (APAC), and the Middle East demanded by Endava (NYSE ‘DAVA’), a leading technology services company combining world-class engineering, industry expertise, and a […]
On Monday, March 31, a detachment of the Romanian Air Force called "Carpathian Vipers" began executing an enhanced air policing mission in Lithuania. The mission will last four months, between April and July 2025. The "Carpathian Vipers" detachment, consisting of approximately 100 military personnel and four F-16 Fighting Falcon aircraft, will carry out missions alongside […]
On Tuesday, April 1, controversial brothers and influencers Andrew and Tristan Tate left for Dubai after meeting with DIICOT prosecutors. Before they departed, the brothers mentioned that they would return to Romania within the legal period of two months, in accordance with the obligations of judicial control. "On April 1, 2025, Andrew Tate and Tristan […]
Wizz Air has officially opened its base at Bucharest Băneasa Airport, the capital’s secondary one, which will be served by an Airbus A321neo aircraft. An additional aircraft will also operate from Bucharest’s Henri Coandă Airport (Otopeni) from August 1, bringing the total number of aircraft based in Bucharest to 21 this summer, the carrier said. […]
A blood donation event will take place on Friday, April 4, at the Bucharest City Hall. Participation will be allowed only after phone confirmation from the organizers. Blood donation at the event is not remunerated, but each donor has the right to receive the results of the tests performed. They also receive meal vouchers worth […]
