NATO’s Support and Procurement Agency will support a coalition of Allies, including Germany, the Netherlands, Romania and Spain to procure up to 1,000 Patriot missiles to strengthen their air defences amid Russia’s war against Ukraine, https://www.nato.int/ informs. The contract will expand the European production of the missiles, enhancing supply and ensuring the replenishment of Allied stockpiles. “I welcome Allies’ timely announcement to invest in up to 1,000 new Patriot air defence missiles to bolster the Alliance’s security”, said NATO Secretary General Jens Stoltenberg. “This investment shows the strength of transatlantic defence cooperation and NATO’s commitment to keeping our people safe. Russian missile and drone attacks on Ukrainian civilians, cities and towns show how important modern air defences are. Scaling-up ammunition production is key for Ukraine’s security and for ours.” The $5.5 billion contract has been awarded to COMLOG, a joint venture between the US company Raytheon and German company MBDA, located in Schrobenhausen, Germany. The large volume of the order will support the set up of a production facility for Patriot missiles in Germany. Patriot air defense systems can be used to defend against aircraft, helicopters and missiles, intercepting them at great distances. In the wake of Russia’s war against Ukraine, NATO has deployed Patriot missile batteries to protect its Allies on its eastern flank. NATO Allies have also delivered Patriot systems to Ukraine and are committed to further bolstering Ukraine’s defences. (Photo:https://www.rtx.com/raytheon/lang/ro/raytheon-in-romania)
Romania’s trade in goods posted a EUR 7.75 billion deficit in Q3, 7.6% smaller compared to the same period in 2024, according to data published by the statistics office INS. The trade gap expanded by 10.9% year-over-year (y/y) to EUR 16.7 billion in H1. It is still premature to conclude that fiscal consolidation has a […]
The Superior Council of Magistracy (CSM) has filed a criminal complaint against deputy prime minister Oana Gheorghiu, accusing her of “violating the independence of justice and the status of magistrates in an irresponsible and populist manner,” the institution announced. The move follows Gheorghiu’s recent comments on
Romanian producer Transavia announced it was expanding into the production of pet food with a RON 763 million (approximately EUR 150 million) factory in Ciugud, in Alba county. The investment is made entirely from the company’s own funds. With a built area of 65,000 sqm, the factory will produce a wide range of dry and...
President Nicușor Dan stated on Monday, November 10, that Romania meets all the conditions to become an innovation and production hub in the defense industry in Southeast Europe. “Romania meets all the conditions to become an innovation and production hub in the defense industry in Southeast Europe. Why? First of all, because it has a […]
Officials in the mountain resort town of Râșnov, central Romania, have issued an urban planning certificate for the transformation of a Boeing 737 airplane into a premium accommodation unit. The plane will be placed near the famous Bran Castle, and organizers expect it to become a tourist attraction. “The project is located in the Pănicel […]
Traffic (Jaful Secolului), a Romania-Belgium-Netherlands co-production directed by Belgian-Romanian director Teodora Ana Mihai from a screenplay by Romanian filmmaker Cristian Mungiu, has received the award for best film at the Tertio Millennio International Film Festival in Rome. The jury of the festival noted in its motivation the film's "ability to combine formal rigor and human […]
