Korean Defense Minister Shin Won-sik will visit Romania and Poland this week for bilateral discussions on defense and arms cooperation, his office said Friday, amid Seoul's push to clinch more arms exports, https://en.yna.co.kr/ reports. For the first leg of his trip, Shin will visit Romania from Monday through Wednesday for talks with his Romanian counterpart, Angel Tilvar, on expanding defense and arms cooperation, according to his office. Shin is also scheduled to pay a courtesy call on Romanian Prime Minister Ion-Marcel Ciolacu. On Wednesday, Shin will leave for a three-day visit to Poland where he is slated to co-chair a joint ministerial committee meeting on bilateral defense and arms industry cooperation with his Polish counterpart, Wladyslaw Kosiniak-Kamysz. South Korea and Poland held the inaugural session of the regular consultative body in Seoul in June last year, following a roll-out ceremony for the first FA-50GF light attack aircraft exported to Poland, seen as a symbolic display of their growing cooperation in the arms industry. During the visit, Shin will also visit an air base where the FA-50 light combat aircraft have been deployed. Shin's trip comes as South Korea has been pushing to boost arms exports, with his Romanian visit expected to touch on South Korean arms the East European country has shown interest in, such as K9 self-propelled howitzers, Redback infantry fighting vehicles and K2 tanks. In 2022, Poland signed procurement deals worth 17 trillion won (US$12.3 billion) to buy K2 tanks, K9 self-propelled howitzers, FA-50 light attack aircraft and Chunmoo multiple rocket launchers to bolster its defenses in the wake of the Russia-Ukraine war.
La French Tech Bucharest announces the third edition of its highly anticipated flagship event, Sustainability meets Profitability, set to take place on April 8th, 2025, at the Romanian - American University (1B Expoziției Boulevard, Bucharest), starting at 18:30. Sustainability meets Profitability event will explore the new regulations companies—big or small—must navigate and how they can turn […]
The builders of Romania’s important A1 Sibiu – Pitești highway are set to start the construction of a bridge over 300 meters long and at least 100 meters wide, allowing the animals of the Southern Carpathians to cross from one side to the other. The investment will pay off as a corridor for large mammals […]
The local business services industry has potential for growth, even if it will see a slower pace because the market is a mature one and given the high regional and global competitiveness, according to a report carried out by the Association of Business Service Leaders in Romania (ABSL) in partnership with Deloitte Romania. Still, the […]
Several Romanian military personnel who were on parental leave went to Congo as mercenaries, according to a statement from the Ministry of National Defense. The issue of active soldiers taking mercenary work first came up on the public agenda after PressOne...
The European Investment Bank and the government of Ukraine have agreed to allocate EUR 50 million from EIB funding to Ukraine's national railway company, Ukrzaliznytsia, for the modernization of key railway border crossings with Poland, Slovakia, Hungary, and Romania. The project includes repairs to worn-out railway tracks, the relocation of wagon inspections, the reconstruction of […]
Medicover has acquired the operations of the lab tests provider Synlab Group in Romania, Turkey, Cyprus, Slovenia, Croatia, and North Macedonia in a transaction worth EUR 71.3 million, the company announced. The transaction was financed from Medicover's own sources. It was carried out by Medicover for its diagnostic services division, present in Romania under the […]
