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 gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
