Romania has allocated an extremely important percentage for defence spending, which today reached 2.45% of GDP, but we need to continue investing in order to reach 5%, Rasvan Pircalabescu, chairman of Romania's Defence Industry Employers' Organisation (OPIA), said on Monday at a conference that celebrated Romania's 22rd year of NATO membership."In 22 years, the Romanian government has allocated a significant percentage of the Gross Domestic Product (GDP) for defence, which today has reached 2.45% of GDP, but in order to continue its growth, we need to invest in the defence industry to generate added value for the economy and to be able to reach the 5% percentage allocated to the defence segment," said Pircalabescu.According to him, Romania currently has over 150 certified companies in the defence industry and 85 of them are members of OPIA.He added that Romarm and the member companies of OPIA will develop new production facilities, in addition to the production of drones, to which "we have updated the software part and they are getting better and better every day.""Today we are launching the 'Unmanned ground vehicle' (UGV), that is, a remote-controlled fighting machine. We are launching it together with our partners in Romania and Germany to provide the state with what it needs. We are ready to offer the Ministry of National Defence and all the forces in Romania everything they need, but we have to be consulted and wait for a period of time before acquisitions are made."He added that OPIA has production facilities in all 85 member companies, such as "small-calibre, medium-calibre, large-calibre ammunition, drones, tanks, combat machines, 4X4s, etc. So, we cover this entire production part." OPIA brings together over 80 of the most important companies active in the defense industry in Romania, including the National Company ROMARM and its 15 subsidiaries, Lunox, TOP Metrology, Mangalia Shipyard, Compa Sibiu, Grampet Defence, the National Society of Radiocommunications, Optoelectronica and others.
Prime minister Ilie Bolojan, the president of the National Liberal Party (PNL), has said the party he leads would start talks with the political groups supporting the current government to clarify how a minority government could work. PNL will hold talks with the Save Romania Union (USR), the Democratic Union of Hungarians in Romania (UDMR), […]
Remittances amounting to EUR 980 million were sent to Romania from abroad in the first quarter of 2026, according to the Revolut Money Report. The fintech said it facilitated more than 4 million international transfers involving Romanian customers during the same period. Germany, with EUR 223 million, and the UK, with EUR 173 million, continue […]
President Nicușor Dan has called leaders of ruling coalition parties for consultations at the Cotroceni Palace on Wednesday, April 22, following the decision by the Social Democratic Party (PSD) to withdraw support for Liberal (PNL) prime minister Ilie Bolojan. The move comes as Romania faces a deepening political crisis. ...
North Bucharest Investments announces the addition of the Astorium Life residential complex to its portfolio, at a time when demand for completed, move-in-ready homes is increasing, driven by a growing preference for lower-risk real estate investments with greater predictability. This move reflects a clear market trend, where attention is shifting from developments still in the […]
The restoration of Bánffy Castle in Răscruci, in Cluj county, is among this year’s winners of the European Heritage Awards / Europa Nostra Awards in the Conservation & Adaptive Reuse category. The 19th-century aristocratic residence and its park have been returned to public use, in a project combining the conservation of its interiors and landscape […]
Bucharest City Hall announced a free sterilization and microchipping campaign for mixed-breed dogs, as part of ongoing efforts to manage the city’s pet population. The initiative is carried out by ASPA through weekly programs available to residents. Dog owners with a registered address in Bucharest can schedule appointments by phone during weekdays. Procedures are performed […]
