The standing bureaus of the two Chambers of the Parliament decided, on Tuesday, to send the Ministry of National Defense (MApN) the preliminary approval decision for the initiation of the procedure for awarding the purchase contracts for 44 amphibious assault vehicles type AAV-7.The MApN requested that Parliament grant, in line with legal procedures, the preliminary approval to start the procedures for awarding the purchase contract for the 44 amphibious assault vehicles type AAV-7, and the Parliamentary Defense Committees decided on October 1 to approve this request."Through the Decision of the Country's Supreme Defense Council No. S-82 of May 16, 2024, the Memorandum regarding the addition of amphibious assault vehicles type AAV-7 was approved. (...) According to the request, in order to implement the Endowment Plan of the Romanian Army, the Ministry of National Defense continues the steps for the acquisition of new military hardware that will contribute to the modernization of the army and the improvement of operational capabilities, having as its essential objective the fulfillment of its missions and obligations", reads the address to the parliamentary defense committees, sent to the joint standing bureaus.At the same time, the endowment with military hardware for the creation of flexible force structures, with means to ensure survival in the tactical field, with mobility and extended situational knowledge and increased firepower has in view the operationalization of the capability targets assumed within the NATO process and EU defense planning for the achievement of the objectives of the Program related to the transformation of the Army until the year 2040, the document reads.According to the quoted source, the program consists in the acquisition of 44 amphibious assault vehicles type AAV-7 from the inventory of the United States Marine Corps, through the Foreign Military Sales (FMS) security assistance program. The value of the presented purchase contract was estimated at 270 million dollars, without VAT, based on the supporting data collected, the exact value to be determined after the purchase procedure.
Grampet Group, active in railway transportation, through its newly established subsidiary Biturom, has opened the largest bitumen melting capacity in Romania, according to Economica.net. The new facility, designed to deliver liquid bitumen for road construction projects in Romania and the Republic of Moldova, was opened on the industrial platform Rafo Onesti. ...
Romania plans to issue Samurai bonds and contract loans from multilateral banks such as EBRD or EIB to finance other green projects, finance minister Alexandru Nazare said at the CES ESG Conference 2025 in Bucharest on September 18. The country has already issued almost RON 10.8 billion (EUR 2 billion) in green bonds, allocated to […]
Romania’s construction works volume index surged by 41% y/y in July, with the capital repairs segment soaring by 67% y/y and the other segments rising by 30%-40% y/y, according to data published by the statistics office INS. The seasonally and workday adjusted index rose by 20% m/m. In H1, the construction works index rose by […]
Foreign minister Oana Țoiu leads the Romanian delegation to the 80th session of the United Nations General Assembly (UNGA) in New York this month, where she is scheduled to deliver Romania’s national address before world leaders. Țoiu’s visit to the United States runs from September 18 to 29 and will include meetings in Washington, Chicago, […]
“Little London” Theoretical High School, a private educational institution in Romania that values the Romanian educational system, has started construction work for the expansion of its school campus located in Voluntari, on Erou Iancu Nicolae Street. This initiative will increase high school capacity by 30% starting from the 2025-2026 academic year. In this context, the […]
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
