In Washington DC on Wednesday, Romania's Defence Minister Angel Tilvar and his Bulgarin counterpart signed a memorandum of understanding on the establishment of a Headquarters Regional Special Operations Command Component (HQR-SOCC) for NATO Special Operations Forces in the Black Sea region, the Romanian Defence Ministry (MApN) reports.The two defence ministries decided, in accordance with the requirements, to set up a C2 SOF structure, which would reflect the common interests in strengthening security in the Black Sea region."The security and stability of the Black Sea region are a priority of Romania and the Alliance. Thus, together with Bulgaria, we will be an essential element for the coordination of the NATO special forces, thus strengthening NATO's deterrence and defence posture," Tilvar is quoted as saying in a MApN press statement released on Thursday.According to MApN, when drawing up the NATO defence plans, the need for Command and Control (C2) departments in the area of Special Operations Forces (SOF) for the Black Sea region was identified, which would ensure the synchronisation of NATO efforts in the region.The development of the HQR-SOCC is one of Romania's concrete projects for the consolidation of the NATO deterrence and defence posture on the eastern flank, contributing, at the same time, to increasing the Black Sea region relevance to NATO.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
