Premier Nicolae Ciuca has met, on Monday, at Victoria Palace with the vice president for international affairs of the company Lockheed Martin, Raymond Pisseli, informs the government.During the meeting, opportunities for the consolidation of the economic part of the Strategic Partnership with the US have been discussed, Lockheed Martin’s initiatives in the domain of industrial and research-development cooperation being presented, together with the Romanian companies and institutions. The prime minister stressed the importance of US support from the perspective of access to high-performance defense technology, such as multi-role aircraft, Himars, Patriot systems or Black Sea anti-missile batteries According to the quoted source, the ministry of national defence and the ministry of economy work together so that the Romanian defence industry have the capacity to manage the cooperation with Trans-Atlantic partners. In this sense, the increase of the defence budget at 2.5 % of GDP, starting with next year, will offer new financing opportunities to the respective industry. The Lockheed Martin company has been present for 25 years in Romania being involved in several projects which have a significant impact in different domains. In the present geo-political context, generated by the strategic relevance of the Black Sea and the need to strengthen resilience, including from the economic perspective, the development projects aim at a long term duration, with integrated approach of the multiple platforms where there is collaboration at present moment.
The New York branch of the famous auction house Christie’s has withdrawn the painting “Saint Sebastian” by El Greco from an ongoing auction. The measure will be in place until the legal proceedings initiated by Romania for its recovery are finalized, according to an announcement made on Monday, June 16, by the Ministry of Finance. […]
Buzău Land UNESCO International Geopark announced the opening of additional destinations that can be visited this summer season, namely the Oil Seeps in Beciu, Odăile Mushrooms, and the Living Fire in Lopătari. The initiative is part of the geopark's strategy to diversify the visitor experience, aiming to reduce pressure on already popular natural attractions and […]
The Romanian retail investors placed RON 537 million in local currency and EUR 223 million (over RON 1.1 billion) in euros under the June 2025 issue of the Government’s bond scheme Fidelis, resulting in a total of approximately RON 1.65 billion, according to data aggregated by Ziarul Financiar. ...
A new draft law in the Romanian Senate seeks to set 16 as the minimum threshold to have a social media account. Access for children below that age will be allowed only with parental consent and a rigorous security filter. The initiative aims to curtail the time that children spend online and the harmful influences […]
Orchid, a Romanian company based in Constanța controlled by the Romanian-Swedish family Muntmark, has secured contracts to install wind turbines with a combined capacity of 276 MW in Romania and Austria, Economica reported on June 16. ...
Romanian eyewear retailer Lensa has announced new shareholders, including international group OH Holding Limited and ATM Ventures, part of the Autonom group, Ziarul Financiar and
