Our desire is to receive another Patriot system in exchange for the one donated to Ukraine, but I think we will also get systems that will be delivered faster as compensation, the president of Romania, Klaus Iohannis, said on Wednesday, in Washington, while participating in the NATO anniversary summit from July 9-11."We support Ukraine, we support the Republic of Moldova, we donate Patriot - because we can and because we think it is right. Romania has transformed from a state that begged to receive help of any kind to a state that has the strength, energy and capabilities to export security throughout the region. Romania has become safer, stronger and more involved, especially in the last 10 years. Our claim is that when we donate high-capacity systems, like Patriot, we will be reasonably rewarded," Iohannis told a press briefing for Romanian journalists."In CSAT, we discussed this issue in detail a few days ago and gave a mandate to the minister of Defense and negotiations are underway, and our desire is to receive another Patriot system in exchange, certainly not tomorrow, but in the relatively near future. But I believe that we will also get systems that will be delivered faster to compensate for the donation of this Patriot system," explained the Romanian president.
This article series tells the stories of the 15 finalists selected in the BVB Arena program. BVB Arena is the flagship program of the Bucharest Stock Exchange, dedicated to developing and promoting the Romanian entrepreneurial environment. The program’s goal is to select and promote Romanian companies that have the greatest growth potential and high chances […]
Salt Bank, the first 100% digital Romanian bank built entirely from scratch, has been named by Celent as the 2025 Model Bank for Digital Bank Launch. Celent is one of the world’s most prestigious research and advisory firms focused on technology for financial institutions. By receiving the title of "2025 Model Bank for Digital Bank […]
The 8th edition of the national educational program “Healthy Lifestyle, Diverse Nutrition and an Eco-Responsible Attitude” under the motto “Good for Taste, Good for Health, Good for the Planet!” has concluded. The program was organized by the Taste Celebration Association and funded by the Auchan Foundation with 100,000 euros. The program aims to convey to […]
Romania's budget deficit, meaning the gap between revenues and expenditures, reached 3.39% of GDP after the first five months of the year, while the new government grapples with balancing initiatives. The deficit increased compared to the first four months, when it stood at 2.95% of GDP, and remained roughly stable compared to the first five […]
eLog, a Balkan-based provider of reusable transport packaging systems for the retail sector, has entered the Romanian market by leasing 4,000 sqm of warehouse and office space at CTPark Bucharest North. The facility, developed by CTP, will serve as eLog’s first operational hub in Romania, supporting its expansion into local retail logistics. Specializing in Retail […]
More than three-quarters of Romanians (76%) see Artificial Intelligence as an opportunity for the economy and society, although half of them also acknowledge its risks, according to a new RoCoach and Novel Research study. Overall, over one-third of respondents (35.7%) believe that AI will primarily lead to job losses, even if new types of roles […]
