President Klaus Iohannis promulgated on Thursday a law on the purchase of 32 F-16 airplanes, as part of the program “Multi-role Air Force planes”. The law stipulates the purchase of 32 F-16 airplanes by the Government of Romania from the Norwegian Government, together with logistic support and technical - engineering staff training, while observing provisions of article 22, letter f) from government emergency order no 114/2011 on public purchase contracts in the fields of defense and security, approved with amendments through law 195/2012, with later amendments and completions. The Finance Ministry is authorized, upon the suggestion of the Defense Ministry to ensure additional credit, representing the equivalent in lei of 494 million euros, needed for signing the contracts. Budget credits needed to carry out contracts provided at art. 1, and engagement credits supplemented in conditions of paragraph 2, are ensured by the state budget, through the Defense Ministry budget, in the limit of budget credits allocated by annual budget laws.
“It is always a good time to invest in ourselves. Inner clarity becomes outer confidence. What we cultivate within becomes the energy we carry into the room”, says Diana Iosu, as she creates DiFine your Essence, a new personal, professional and spiritual development event. After two decades in A-list corporations, Diana Iosu has chosen the […]
Romanian presidential candidates George Simion and Nicuşor Dan presented contrasting visions for the future government in the run-up to the decisive second electoral round, News.ro reported on May 8. While Simion called...
World-renowned astronauts Yi So-yeon and Daniel Michio Tani will attend the third edition of SpaceFEST, an event organized by Bucharest’s Politehnica University dedicated to the importance of spatial exploration, and potential jobs in the domain. SpaceFEST, which takes place from Friday, May 9, to Sunday, May 11, on the Politehnica campus, is organized by Politehnica, […]
Chinese bamboo products manufacturer Long Bamboo Technology Group Co., a supplier to Swedish retailer IKEA, has entered the Romanian market to establish a furniture production facility, Profit.ro reported on May 8. The company, headquartered in Hong Kong and with manufacturing...
The Mangalia shipyard in Romania is resuming operations gradually following its entry into insolvency in 2024 after Dutch shipbuilding group Damen withdrew from the joint venture. The shipyard's management has introduced measures to stabilize finances and revive activity, with employee salaries to be paid in phased installments,
The Belgian manufacturer of metal roofing systems Metigla, with a factory in Ceptura, Prahova County, announced a EUR 15 million investment plan in expanding production, automation, and employees. "In 2025, we will consolidate our presence in key markets and gradually expand this model to more European countries. We invest in sustainable products, automation, teams, and […]
