On Friday (22 October 2021), at a signing ceremony hosted by NATO’s Secretary General, Defence Ministers from 17 Allied countries* agreed to take the lead on the development of NATO’s first Innovation Fund. “At the Brussels Summit, NATO leaders committed to strengthening our Alliance, including by promoting and protecting transatlantic innovation”, the Secretary General said. “Today we are delivering on that commitment. And together we will keep our people safe in a rapidly changing world”, he added. This multinational Fund will help NATO retain its technological edge by enabling investment – worth 1 billion euros - in dual-use technologies of potential application to defence and security. It will also facilitate closer and trusted cooperation with deep-tech innovators, which may otherwise be unable to develop successfully the innovative solutions most needed to the protection of the Alliance. Together with NATO’s Defence Innovation Accelerator for the North Atlantic – or DIANA - the Innovation Fund will support the development of a protected transatlantic innovation community. Since its launch at NATO’s Brussels Summit, a number of Allies have made offers to host the headquarters, test centres and accelerator sites that will make the DIANA network in both Europe and North America. Both initiatives are expected to be fully in effect by NATO’s Madrid Summit in 2022. *Belgium, the Czech Republic, Estonia, Germany, Greece, Hungary, Italy, Latvia, Lithuania, Luxembourg, the Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia and the United Kingdom.
On Friday, January 3, aerospace and defense company Raytheon Technologies was awarded a USD 946 million contract by the US Pentagon to deliver an additional Patriot missile systems to Romania, aimed at bolstering the country's air defense capabilities by 2029. The contract, which includes advanced radars, control stations, and interceptor missiles, marks Romania's third order […]
Romanian mountain rescuers announced on Friday, January 3, that they registered a record number of interventions and 161 calls for emergency assistance in the past 24 hours. A total of 162 people were rescued, over 100 of whom required transport to a hospital. "An unwanted absolute record of mountain rescue and first aid interventions in […]
Far-right politician and former presidential candidate Călin Georgescu announced in a message on X that he will appeal the annulment of the Romanian presidential elections before the European Court of Human Rights. On December 6, 2024, as Romanians abroad had already begun to vote, Romania’s Constitutional Court (CCR) unanimously annulled the entire presidential election process, […]
Romania seems poised to become a bigger tourist attraction in 2025 after being recommended as a stellar destination by Vogue and CNN. Both publications signal that their choice for Romania was determined by the overtourism noticed in other locations. “The lifestyle editors at Vogue thought long and hard about the best places to travel in […]
The American Chamber of Commerce in Romania (AmCham Romania) expresses its concern over the fiscal measures announced by the Government, but also about the immediate deadline for their implementation, January 1, 2025, which puts the business environment in a difficult situation and further affects economic predictability and investor confidence."Over the past five years, AmCham […]
Romania has become a full member of the Schengen Area at midnight, in the night between Tuesday, December 31, and Wednesday, January 1.Thus, after joining the free movement space with its air and sea borders, as of Wednesday, Romania also joined the Schengen area with its land borders.According to the General Inspectorate of the Border […]
