The Ramstein Legacy 24 (RALY24) exercise in the field of Integrated Air and Missile Defense (IAMD) began on Tuesday at the Air Defense Training School in southeastern Capu Midia, the Ministry of National Defence (MApN) informs.According to the source, the exercise runs until June 14 and includes 1,300 soldiers from Romania and nine allied states (Czech Republic, France, Germany, Lithuania, Poland, Portugal, Slovakia, Turkey, Hungary), who will operate PATRIOT & HAWK missile systems, respectively F-16, IAR-330, IAR-99, YAK-52 Romanian aircraft and other ground-based air defense equipment, command-control systems, as well as military aircraft of the participating nations.A national objective in the course of the exercise is the completion of the operationalization process of the second PATRIOT system which, by executing real firings in the Capu Midia range, will be certified "mission capable".RALY24 contributes to increasing interoperability between IAMD detachments, practices tactics, techniques and allied action procedures within a defensive operation.Until June 9, the deployment of the structures takes place in the training facilities in Romania, and between June 10 and 14, tactical training with and without live fire is planned. Later, until June 16, the program foresees the redeployment of the detachments in peace-keeping locations.
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 […]
Chinese electric vehicle manufacturer BYD officially launched operations in Romania, introducing its full-electric and plug-in hybrid models to the local market, Economica reported on May 8. The move is part of the company’s broader strategy to expand across Europe. BYD’s initial retail presence includes showrooms in...
The local currency kept losing ground on May 9 despite reported interventions by the central bank. The interest rates rose, and the Stock Exchange’s indices resumed the decline on May 9 after a modest gain on the previous day. The development suggests a drain on liquidity from the money market, possibly amid hybrid interventions by […]
Ilie Bolojan, the interim president of Romania, has sent his "warmest congratulations" to Pope Leo XIV in a message posted on X. "Warmest congratulations to His Holiness Pope Leo XIV upon the election to the Chair of Saint Peter. May he have a long reign and guide the faithful all over the world with wisdom […]
