Romania is going to receive a new model of the PATRIOT system from the United States, Prime Minister Marcel Ciolacu said on Friday, pointing out that the purchase contract has been signed and the payment has already been made.The announcement was made at the end of a visit to the construction site of the Large Burns Centre at the "Pius Branzeu" County Emergency Clinical Hospital in Timisoara.He was asked whether Romania would complete the purchase of a new PATRIOT system from the U.S. to replace the one that was donated to Ukraine, given the change in the administration at the White House and the position expressed by the U.S. regarding aid to Ukraine."We have signed the contract, we have also collected the money. We have all the funds, we received the money, and we have already made the payment. Interestingly, we are getting a new model!," answered Marcel Ciolacu.Defence Minister Angel Tilvar in an interview with Agerpres in January said that the contract for the PATRIOT system to replace the one Romania donated to Ukraine was going to be signed soon."The U.S. government has decided to approve the delivery to Romania of three PATRIOT systems, which were already in the programme. In addition to these three systems, regarding the system we donated, which is worth approximately 300 million... partners from three NATO member states have contributed financially, with Romania going to pay only for transportation and probably VAT for this equipment," said the minister.
Romania’s government has assumed responsibility in Parliament for legislation reforming magistrates’ pensions, prime minister Ilie Bolojan announced on December 2. He said the draft law had received the opinion of the High Court of Cassation and Justice, noting that the court’s assessment was negative. It is the government’s second attempt to have the bill promulgated, […]
Romania Education Alliance (REA), the first private school network in the country, announced it has exceeded the milestone of 1,000 students enrolled across its member schools just one year after launch. "The fact that we surpassed 1,000 students in our very first year of activity shows that the REA model addresses a real need in […]
Genesis College, one of the largest private educational institutions in Romania, announced the regulatory approval of the transaction through which the investment firm Mozaik Investments becomes its majority shareholder. The transaction, signed at the end of July, received all necessary approvals from the Competition Council on November 25, and, formally, the entire investment procedure is […]
The European Bank for Reconstruction and Development (EBRD) is lending up to EUR 29.9 million to the Romanian city of Brasov to finance energy efficiency upgrades in public buildings, initiating the city’s participation in the Bank’s flagship EBRD Green Cities programme. The Bank’s investment will fund the renovation of up to 20 public buildings, including […]
This festive season, JW Marriott Bucharest Grand Hotel invites guests to embrace the extraordinary and transform each moment into a lasting memory. On New Year’s Eve, the hotel unveils The Grand Countdown — a luminous celebration of new beginnings, thoughtfully crafted across four distinctive venues, each with its own character and atmosphere. The night begins […]
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control over ArcelorMittal Tubular Products Iași (AMTP Iași) by Metinvest B.V. of the Netherlands, part of the Ukrainian steel and mining group owned by Rinat Akhmetov, New Voice of Ukraine reported last week. Metinvest has...
