The Secretary of State for Defense Policy, Planning and International Relations, Simona Cojocaru, and the Chief of the Defense Staff, General Gheorghita Vlad, met on Friday, in Craiova, with the Minister of Defense from Poland, Deputy Prime Minister Wladyslaw Kosiniak-Kamysz, on which occasion the two sides emphasized the need to strengthen the deterrence and defense position on the Eastern Flank.During the visit, the high official met with the Polish troops stationed in the Southeast Multinational Brigade in Craiova."The visit, held on the eve of the winter holidays, offered an opportunity to reaffirm the relationship of solidarity and cooperation between Romania and Poland, in the context of increasingly complex security challenges", according to a press release from the Defense Ministry (MApN) sent on Friday.In the context of the discussions, the two sides emphasized the need to strengthen the deterrence and defense position on the Eastern Flank.Romanian officials expressed full appreciation for Poland's contribution to the security of the Black Sea region. Romania's participation in the Polish Battle Group was also highlighted."In these difficult times, when security threats in our region persist and increase, Romania and Poland remain united, as essential pillars of security and stability on the Eastern Flank, ensuring the protection of the Baltic Sea and Black Sea regions. Our common values and commitments towards Euro-Atlantic security, they have built a strategic partnership that becomes stronger with each mission, exercise and joint operation. Together we send a clear message: our collective defense is unshakable, and our nations are prepared to defend peace, democracy and our way of life", the Secretary of State Simona Cojocaru said in the talks.At the same time, the excellent collaboration between the two states was highlighted, both bilaterally and within the B9 Initiative, a format co-chaired by Romania and Poland, which continues to be an example of regional solidarity in the face of current challenges. the MApN press release reads. (Photo:https://armed.mapn.ro/)
BCR achieved a net profit of RON 1,473 million (EUR 294 million) in H1 2025, up by 12.0% against RON 1,314 million (EUR 264 million) in H1 2024, driven by improved operating result underpinned by advance in customer business. The operating result improved by 11.9% to RON 2,084 million (EUR 417 million) in H1 2025, […]
Prices for an array of goods and services will rise in August after the Romanian government increased VAT and excise duties. Train tickets, communications, retail goods, and health contributions for previously exempted categories are set to take effect. To tackle an out-of-control deficit, the government decided to increase the standard VAT rate from 19% to […]
US Secretary of State Marco Rubio, on July 31, had a conversation with Romanian Foreign Minister Oana Țoiu about the most important aspects of bilateral relations. In a post on X, Țoiu said her visit to the US, planned for September, would prepare President Nicușor Dan's official visit to Washington early next year. I had […]
Romanian technology group Visual Fan, best known for its consumer electronics brand Allview, announced that it has signed a partnership with Trina Storage, the energy storage division of the Chinese company Trina Solar, for the development of a battery energy storage system in Topliţa, with a capacity of 65 MWh. This is the first project […]
Romanian energy group OMV Petrom (BVB: SNP) announced its sales revenues dropped by 7% y/y in Q2, resulting in a 1% y/y contraction to RON 17.0 billion (EUR 3.4 billion) in the whole H1, while its net profit plunged by 17% y/y in Q2 and 21% y/y to RON 2.1 billion in H1, according to […]
The volume of building permits for retail spaces in Romania, measured in square meters, surged by 53% y/y to 303 thousand square meters in H1, according to data published by the statistics office INS. The number of projects rose by 42% y/y to 261. The residential construction segment, driven by the individual (as opposed to collective) […]
