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.
One year after the Romanian Constitutional Court (CCR) annulled the presidential elections and decided a complete rerun, amid a flawed electoral process backed by evidence in a declassified report sent by intelligence services to the state defence council CSAT, president Nicusor Dan announced a detailed report on the developments would be released...
Electrocentrale București, one of the 17 state enterprises shortlisted by the government for restructuring, has launched the tender for a new gas-fired cogeneration power plant in Bucharest South, a project worth over RON 2.1 billion (EUR 400 million). Interested companies can submit bids until February 5, according to
Critical Metals Corp (Nasdaq: CRML), an American company specialising in critical minerals, and Romanian nuclear group Nuclearelectrica (BVB: SNN) announced on December 9 the signing of an agreement for the development, in Romania at Feldioara, of an industrial rare earth processing facility. The planned facilities at Feldioara, where Nuclearelectrica operates its subsidiary Uranium Concentrate Processing […]
One United Properties (BVB: ONE), the Bucharest Exchange-listed developer of residential, mixed-use, and office real estate in Romania, announced the signing of a preliminary sale and purchase agreement for a 34,800 sqm plot of land in “the most desirable residential area of Constanța, on the Black Sea coast.” The land is located in the northern […]
Al Dahra Holding will exit Romania’s grain trading market in 2026, withdrawing from a sector with annual exports valued at about EUR 4 billion, Bloomberg reported on December 9, as cited by Ziarul Financiar. The company’s decision follows sustained pressure on international traders operating in the increasingly...
DN Agrar Group (BVB: DN), one of the leading integrated agrifood companies in Romania and the largest dairy milk producer in Europe, announced the financing plan for the development of a skimmed milk and cream processing facility, a strategic project supporting the group’s growth objectives for the 2025 - 2030 period. “According to the 2025 […]
