U.S. Assistant Secretary of Defense for International Security Affairs, Celeste Wallander, met with her Romanian counterpart, Romanian State Secretary for Defense Simona Cojocaru, at the Pentagon today to discuss a range of bilateral and regional issues during the annual High-Level Defense Group. The two leaders condemned Putin's brutal war of choice in Ukraine and affirmed their unyielding support for the Ukrainian people. They also stressed the importance of allied unity in assuring the security and defense of each and every inch of NATO territory. Secretary Wallander thanked Romania for hosting thousands of U.S. and Allied forces to bolster NATO's Eastern Flank and praised Romania’s leadership role in the Black Sea region. These forces serve as a potent deterrent against malign forces that threaten NATO's territorial integrity. State Secretary Cojocaru thanked the United States for the sustained and continued support provided to the Romanian armed forces, which is of paramount importance to the national security architecture. Additionally, the Romanian official emphasized the nation's longstanding commitment to building an ever-stronger partnership for the future. Assistant Secretary Wallander and State Secretary Cojocaru reviewed the 2020 Roadmap of Defense Cooperation, a 10-year document that aligns U.S. and Romanian strategic priorities, including strong bilateral cooperation, strengthening Black Sea security, and military readiness, among others. The leaders agreed that both nations have made significant progress toward the objectives outlined in the Roadmap and pledged to build upon those successes in the future. The two leaders also marked the 30-year anniversary of Romania's State Partnership Program with the Alabama National Guard — a proud emblem of the robust and enduring bilateral defense relationship. (Source:https://www.defense.gov/)
This article series tells the stories of the 15 finalists selected in the BVB Arena program. BVB Arena is the flagship program of the Bucharest Stock Exchange, dedicated to developing and promoting the Romanian entrepreneurial environment. The program’s goal is to select and promote Romanian companies that have the greatest growth potential and high chances […]
Salt Bank, the first 100% digital Romanian bank built entirely from scratch, has been named by Celent as the 2025 Model Bank for Digital Bank Launch. Celent is one of the world’s most prestigious research and advisory firms focused on technology for financial institutions. By receiving the title of "2025 Model Bank for Digital Bank […]
The 8th edition of the national educational program “Healthy Lifestyle, Diverse Nutrition and an Eco-Responsible Attitude” under the motto “Good for Taste, Good for Health, Good for the Planet!” has concluded. The program was organized by the Taste Celebration Association and funded by the Auchan Foundation with 100,000 euros. The program aims to convey to […]
Romania's budget deficit, meaning the gap between revenues and expenditures, reached 3.39% of GDP after the first five months of the year, while the new government grapples with balancing initiatives. The deficit increased compared to the first four months, when it stood at 2.95% of GDP, and remained roughly stable compared to the first five […]
eLog, a Balkan-based provider of reusable transport packaging systems for the retail sector, has entered the Romanian market by leasing 4,000 sqm of warehouse and office space at CTPark Bucharest North. The facility, developed by CTP, will serve as eLog’s first operational hub in Romania, supporting its expansion into local retail logistics. Specializing in Retail […]
More than three-quarters of Romanians (76%) see Artificial Intelligence as an opportunity for the economy and society, although half of them also acknowledge its risks, according to a new RoCoach and Novel Research study. Overall, over one-third of respondents (35.7%) believe that AI will primarily lead to job losses, even if new types of roles […]
