Romanian Prime Minister Nicolae Ciuca on Thursday welcomed a delegation of General Dynamics European Land System Romania at the Government House saying that the defence industry should strengthen its capabilities and upgrade military equipment as key elements for ensuring regional security.According to a government press release, the importance of an ongoing project for the production of Piranha 5 armoured wheeled vehicles at the Bucharest Mechanical Plant was underlined.Attracting research and development projects is a priority, especially in terms of developing the strategic partnership with the US, according to the government."We need to strengthen the defence industry, and for that we need partners with solid and proven experience," Ciuca is quoted as saying.The Bucharest Mechanical Plant in partnership with General Dynamics started the production of Piranha 5 armoured wheeled vehicles after the signing of a collaboration agreement in March 2022. Over 220 Piranha 5 vehicles will be built in Romania, along with the entire operational system needed for their use.
Romania has completed the renegotiation process of the National Recovery and Resilience Plan (NRRP) with the European Commission, a process that has been going on for more than a year, Minister of Investments and European Projects Dragoș Pîslaru said on July 31, during a press conference, according to
Wizz Air will add a route connecting Brașov, in central Romania, to Katowice, in Poland, beginning next year, the Brașov International Airport announced. The route will become operational on March 31, 2026, with flights operating every Tuesday, Thursday, and Saturday. In the upcoming winter season, the airline will operate seven routes to five countries from […]
IT Genetics, a company specializing in digitalizing services, aims to have its shares tradable at the Bucharest Stock Exchange by the end of this year, with the amount to be raised estimated at approximately EUR 2 million. The ITG group will be listed, not just IT Genetics, which is nevertheless the main pillar of the […]
Romania’s current transport minister, the Social Democrat Ciprian Șerban, offered bribes to representatives of a forest district in Iași County as a young businessman in 2012, according to recently surfaced documents and recordings. Șerban gave bribes at least six times before reporting the offense to the National Anticorruption Directorate. He did so only after being […]
David Popovici has won the gold medal in the 100-meter freestyle final at the World Championships in Singapore. It is his second win at the event, after the gold medal in the 200-meter freestyle race two days ago. The Romanian swimmer finished the race with a time of 46.51 seconds, ahead of Jack Alexy, who […]
PPF Real Estate, a global developer and investor with a real estate portfolio exceeding EUR 2 billion, announces the completion of infrastructure works for ARC, its new state-of-the-art office project in the Basarab area. The construction progresses on schedule. Reaching ground level marks, a key milestone in the development timeline. The project is moving forward […]
