The maintenance capacity for Black Hawk helicopters is to be built at Romaero with Lockheed Martin and Aerostar, Economy Minister Florin Spataru said on Wednesday after the signing ceremony of the letter of intent with Lockheed Martin."It is a maintenance capability for these Black Hawk helicopters that the Ministry of the Interior has purchased. Our intention and that of Lockheed Martin is to develop this capability both for use in Romania and for the regional projects they have. This capability will be built at Romaero in collaboration with another Romanian company, Aerostar, and tomorrow we will start discussing what assessment we have to make, what are the necessary investments, how we materialize this partnership, through a formal association and after that we start working... Lockheed Martin will come with a technology transfer and train the staff. The investment will be made by both Romaero and Aerostar, and we asked Lockheed Martin to join the association as well. with a percentage," said Spataru.Asked how Lockheed Martin will participate, he said it could be in the form of equipment or know-how.Asked when the helicopters would arrive in the country, he mentioned that the first one would arrive early next year.The economy minister and the two vice-presidents of Lockheed Martin, Ray Piselli and Dennis Goege, signed on Wednesday the letter of intent by which the American company expresses its readiness to conclude partnerships with the Romanian state for investments in the Romanian aeronautical industry, according to an Economy Ministry's release.
TEKUNI, a program dedicated to students and young entrepreneurs, was launched in Timișoara through a pilot project, with a future goal of nationwide expansion. The program offers a complete training path, structured into 7 modules that cover all stages of building a startup: from idea validation and MVP development to branding, marketing, legislation, finance, leadership, […]
The Romanian capital will be in the spotlight at the festival Un Week-end à l'Est, which runs in Paris until December 1. The event, which aims to present the artistic, literary, and intellectual richness of an Eastern European city, has previously focused on Warsaw, Odessa, Kyiv, Sofia, or Budapest. At its ninth edition, it is […]
Romanian tax agency ANAF has sued former president Klaus Iohannis in order to recover the loss of use of half of a property in the center of Sibiu. “The action represents a continuation of the steps that ANAF has taken for the recognition of the state’s ownership right and the recovery of compensation determined by […]
Romania will face Turkey in the semi-final of the World Cup qualifying play-offs, with the match scheduled to take place away from home on March 26 next year, Biziday.ro reported. A win would send the national team into the play-off final on March 31, where it would meet the winner of the Slovakia–Kosovo match. Romania […]
An exhibition showcasing various depictions of the traditional Romanian blouse ia, including Henri Matisse’s iconic La Blouse Roumaine, is opening this weekend in Bucharest, while Cluj is entering festive mode with...
Mercenary Horațiu Potra, who faces charges of attempting to undermine constitutional order in Romania, is being flown back to Bucharest under police escort after authorities in the United Arab Emirates approved his extradition,
