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.
Romania is currently preparing state aid schemes for companies affected by the customs tariffs announced by president Donald Trump on Wednesday, April 2, according to statements made by prime minister Marcel Ciolacu. The US imposed tariffs on all countries worldwide, with a "minimum base tariff" of 10%, starting April 5. However, for some countries, the […]
Impact Hub Bucharest, in partnership with EIT Food, has opened the applications for Empowering Women in Agrifood (EWA), an EIT Food acceleration program dedicated to female entrepreneurs and their projects in the agri-food sector. Ten female entrepreneurs from the agri-food sector will benefit from mentoring, training sessions and ongoing support, access to an international community […]
The United States Embassy in Bucharest has announced an update to visa requirements for Romanian citizens wishing to travel to the US, following president Donald Trump's decision to suspend Romania's entry into the Visa Waiver Program. According to the announcement, starting April 7, 2025, all temporary visa applicants must present a printed copy of the […]
Real estate developer Speedwell Development has appointed Yannick Van de Parre as country manager for Romania. In this new role, he will support the co-founders Jan Demeyere and Didier Balcaen with the executive management of Speedwell Romania, “ensuring operational efficiency across all projects and leading the local team as the company continues its growth in […]
Digital Nation and the Ministry of Education and Research have partnered for the implementation of Saro, an AI-based solution, in schools and universities across Romania. The solution will allow students, pupils, and teachers access to an AI-powered assistant designed to address challenges such as school dropout, excessive bureaucracy, declining motivation, the need for personalized learning, […]
The town of Borșa, in northern Romania, is in discussions with the North-West Regional Development Agency to obtain at least EUR 50 million to connect its Olympic ski slope with the old slope in the Runcu Știol area and the one in Prislop Pass, resulting in approximately 25 kilometers of interconnected ski slopes. The funds […]
