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.”
Romania, which for years ranked last in the EU for packaging waste recycling, now stands at the forefront of Europe’s circular economy, proving that a country with initially fragile infrastructure can implement, in record time, one of the most effective collection and recycling systems in Europe. This rapid transformation is taking place in a European […]
Tucked inside Radisson Blu Hotel, Bucharest, Ginger Sushi Bar & Lounge marks the turn of the year with an intimate New Year’s Eve dining experience built around a multi-course tasting menu. From 19:00 onwards, guests are welcomed to a carefully paced evening that blends Japanese inspiration with premium ingredients, from scallops and Wagyu to Chilean […]
Romanian non-profit Dăruiește Viață has completed a new renovation project at the “Louis Țurcanu” Emergency Children’s Hospital in Timișoara, upgrading the Pediatric Onco-Hematology Transplant Unit to modern medical standards. The investment, worth approximately EUR 150,000, was funded by Linde Gaz Romania and Atos Global Delivery Center. The organisation has been working with the Timișoara hospital […]
The multimedia exhibition Aici Se Vede Jazz (Here You Can See Jazz), set to open at SAC Berthelot in Bucharest, explores how jazz found its way in the pre-1990 Bucharest and “the contemporary ways to listen, visualize, perform and relate artistically to its world of sounds and ideas.” Bucharest had improvised studios, rehearsals with the […]
Aon Romania, part of the global group Aon plc, draws attention to the urgent need for structured solutions to protect trade receivables in an economic context characterized by high volatility and geopolitical uncertainty. The subject was central to the discussions at TRADE CREDIT TALKS - Receivable Protection in the Age of Volatility, where business leaders […]
Bucharest’s shopping centres posted mixed financial results in 2024, with major discrepancies between the city’s largest malls and mid-sized retail centres, according to financial analysis platform RisCo.ro. The data shows contrasts in profitability and turnover, as well as significant losses among some of the capital’s biggest retail projects. AFI Cotroceni recorded the highest turnover of […]
