Arms manufacturer Rheinmetall has secured a 328-million euro ($362 million) contract with Romania to modernize its air defense artillery systems, https://www.thedefensepost.com/ reports. The company will upgrade the country’s Oerlikon GDF 103 anti-aircraft gun, integrating it into its Skynex air defense solution, with four units to be delivered within the next three years. The agreement also covers training, spare parts, and other logistical services. Each of the units will include new fire control systems, 3D radars, twin guns equipped with autoloaders, and two heavy-duty trucks for transport. The contract is the first-ever major order between Romania and Rheinmetall, which recently opened a weapons hub near the city of Satu Mare. Bolstering Regional Defense Rheinmetall AG executive board chairman Armin Papperger said that the contract promotes a more modernized defense force not only for Romania, but also for its allies. “This substantial first-time order from the Romanian government widens our footprint in Central Europe. It also underscores Rheinmetall’s role as a leading supplier of ground-based air defence systems. Moreover, the order will bolster the defensive capabilities of the EU and NATO on Europe’s eastern flank, something we’re very happy about,” he said. The company has recently worked with NATO countries to bolster their defenses amid the ongoing Russo-Ukrainian war. Its weapons center in Romania was also established to “play a central role in maintaining the operational readiness of Western combat systems in use in Ukraine and in ensuring their logistical support.”
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North Bucharest Investments has been honored at the CIJ Awards 2025 with the Best Residential Real Estate Agency of the Year distinction — a recognition of the company’s performance, dedication, and strong positioning within Romania’s high-end residential market. “This award is about people. About those who choose, every single day, to believe in this company, […]
Romania ranks 11th in the world in the EF English Proficiency Index 2025, with a “very high” level of English language skills. According to the index, which represents one of the most extensive global studies on language competence, adults in Romania show a high level of English knowledge. English remains the main international language of communication, […]
Over EUR 1 million was raised at the 25th Christmas Tree Festival, which took place on Thursday, December 4, at the National Museum of Art in Bucharest. Funds will be used by Save the Children Romania, the organizer of the auction, for access to quality education. The tree that raised the most money in the […]
Allianz-Țiriac Asigurări, one of the leading insurance companies on the local market, has completed the sale of its two former headquarters located in the Victoriei Square area of Bucharest. The deals were brokered by Cushman & Wakefield Echinox. The property on Căderea Bastiliei Street, of approximately 6,000 sqm GLA, was acquired by Praktiker Real Estate, […]
