The NATO deputy secretary general, Mircea Geoana, said on Monday, during a visit to the factory in Brasov of the group that produces components for Airbus, that Romania must have and has the ambition to become the fifth institutional player in the Aerotec group."I know that there is a dialogue between the Romanian authorities and the management of this very important group, which would mean very well-paid jobs, the stabilization of talent here in Romania, and would also mean a more competitive economy. (...) I think that Romania must have the ambition not only to be a beneficiary, but also a partner in such industrial groups. (...) I appreciate the ambitions of the management in Romania for our country to go to the upper level, through additional investments, through jobs and technology. I'm glad to see Romanian companies contributing to this ecosystem: I was looking at the robotics part - one from Cluj makes the software, a company from Brasov transports the finished product to Germany and other destinations. The presence of such an industrial compound does not represent only jobs for those who work here, but also for many other smaller companies in the ecosystem of this elite industry," Geoana said.At the same time, he mentioned that the factory in Romania is certified by the NATO procurement agency, which means that whatever is currently produced in it can be sold in any partner country of the Alliance."When the Soviets occupied Romania, they tried to destroy the Romanian aeronautical industry and I am glad to see that it is reborn. For the military industry, as well as for the civil one, the association with such concerns represents a path that I encourage and I am convinced that the decision-makers from Bucharest and Toulouse will give it the necessary attention," Mircea Geoana pointed out.The factory in Brasov is part of the European concern Franco-German-Spanish-British EADS, which produces aeronautical equipment including for the European defense industry.
The exhibition RomanIa – Identity representation of traditional dress in art, currently on view at the National Museum of Art of Romania (MNAR), gathers a variety of artistic representations of the traditional blouse ia, from painting and sculpture, to drawing, photography, installation, film, music, posters, fashion, books, albums, and more. It includes works by Henri […]
Over 136,000 non-EU citizens held residence permits for employment in Romania at the end of August this year, most of them coming from Nepal, Sri Lanka, Turkey, Moldova, and India, and two out of three immigrants live in Bucharest, Ilfov, Constanța, Timiș, and Cluj, according to a study conducted by the Economic and Social Council. […]
Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
