The Minister of National Defence, Angel Tilvar, signed on Wednesday, on the sidelines of the Washington Summit, the Letter of Intent for the creation of a military mobility corridor between Romania, Bulgaria and Greece, the Defence Ministry (MapN) informs.According to the same source, "this initiative marks significant progress in strengthening NATO's defence and deterrence capabilities in the region."The project aims to optimize transport corridors to meet military mobility requirements, by creating supply routes (road and rail) between the participating states, reducing bureaucracy in peacetime and maximizing efficiency in emergency and crisis situations, taking into account the NATO and national initiatives.The Letter of Intent signed by Greece, Bulgaria and Romania closely aligns with NATO's priorities of ensuring collective defense, improving rapid reaction capabilities and increasing interoperability between member nations, contributing to a fair distribution of responsibilities between allies."The close collaboration with Bulgaria and Greece will allow us to respond more effectively to current and future security challenges. We will continue the discussions and remain open to other similar initiatives, which will lead to the strengthening of Romania's role within the North Atlantic Alliance", the Romanian minister of Defence emphasized, according to a MapN press release.The project will benefit from existing initiatives at the level of the European Union, aiming at a coordinated approach between NATO and the EU in the field of military mobility. The implementation of the project at the national level will require concerted efforts between various institutions, involving the entire governmental spectrum.In the context of the NATO Summit in Vilnius in 2023, it was agreed on the need to strengthen the deterrence and defense posture of the Alliance by adopting new defense plans and accelerating military adaptation. This adaptation includes the ability to supplement forces and equipment and to ensure logistical support, by facilitating the cross-border transit of forces and capabilities, even in peacetime, MApN explained.
Two sovereignist candidates, namely the leader of the far-right Alliance for the Union of Romanians (AUR), George Simion, and former Social Democratic (PSD) prime minister Victor Ponta, are in the first two positions in the race for the presidential office in a Verifield poll commissioned by Bucharest mayor Nicușor Dan and presented on Monday, March […]
Romania is becoming a European benchmark in sustainability, thanks to the Deposit Return System implemented by RetuRO, the company managing the country’s largest circular economy project. The system’s performance in its first year of operation and its development objectives for this year were presented by Gemma Webb, CEO and Chair of the RetuRO Board of […]
Teilor Holding, the company operating the Teilor jewelry store chain, is on track to list its two corporate bonds on the Bucharest Stock Exchange on Thursday, April 13. The bonds, which will go on the AeRO Multilateral Trading System, have a total aggregated value of nearly EUR 4.5 million, and were sold in October last […]
Eight Romanian couriers in the United Kingdom were sentenced to more than 30 years imprisonment after stealing parcels worth EUR 1 million and selling them online. Three of the suspects managed to flee to Romania and are now being sought. The former couriers operated together between September 2022 and February 2023 in Birmingham. Using their […]
Bucharest’s central Easter fair, Traditions and Flowers of the Holidays, returns in King Michael I Park (Herăstrău) between April 12 and 21. Held at the Charles de Gaulle entrance, the event awaits visitors with local crafts, traditions, and various activities. The fair is dedicated both to the Palm Sunday and Easter holidays, the organizers said. […]
Interim president Ilie Bolojan marked 21 years since Romania's accession to the North Atlantic Alliance by stating that the NATO anti-missile shield in southern Romania made the country safe, allowing it to develop economically. NATO membership meant that Romania was a safe place, Bolojan said, adding that this was “especially due to the support provided […]
