Regarding the possibility of Romania handing over a Patriot defense system to Ukraine, National Liberal Party (PNL) chairman, Senate president Nicolae Ciuca said on Monday that this topic should not be politicized, noting that the decision will be made at the highest level, after analyzing the responsible structures in the field and within the Supreme Council for National Defence (CSAT).Asked if it would be appropriate for our country to donate such a system to Ukraine, Nicolae Ciuca answered: "Here, someone's personal opinion does not matter, not even mine, it is such a complex issue that we must have an analysis on the table as it can be well developed, covering as much as possible all factors and all consequences".Prime minister Marcel Ciolacu declared on Sunday evening, on the Antena3 private television broadcaster that the minister of Defense, Angel Tilvar, has great reservations about Romania giving a Patriot defense system to Ukraine, noting that he did not discuss this issue with president Klaus Iohannis and that the decision will be made in the CSAT.On May 7, president Klaus Iohannis stated, after being received at the White House by his American counterpart, Joe Biden, that Romania will find a solution regarding the transfer of a Patriot air defense system to Ukraine.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
