The Ministry of National Defense signed on Monday the contract for the acquisition of 18 F-16 Fighting Falcon aircraft and related equipment from the Government of the Kingdom of the Netherlands at the symbolic price of 1 euro, announced Minister Ionut Mosteanu, who specified that the aircraft will be used exclusively for training and instruction."It is an important step for the development of the European F-16 Training Center in Fete?ti, which has become a regional hub for training pilots from NATO member states and partners. The 18 aircraft will be used exclusively for training and instruction, with part of the places in the program being dedicated to training Ukrainian pilots. The acquisition is made at a symbolic price of 1 euro. It is a smart investment in training, cooperation and the future," the Minister of Defense wrote on his Facebook page.According to him, the project reflects the trust of the Dutch partners and the recognition of the professionalism of the Romanian Air Force."I thank everyone involved - the technical teams, procurement experts and Dutch partners - for the seriousness and pace with which they brought this process to a successful conclusion. Romania continues to invest in defense, in solid partnerships and in well-trained people. F-16 means safety, cooperation and a step closer to the next stage: the integration of F-35 aircraft into the Romanian Air Force," Mosteanu conveyed.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
