At a NATO Summit in Washington DC on Tuesday, Romania's Defence Minister Angel Tilvar on Tuesday joined other 16 NATO member states in signing a Memorandum of Understanding on the Alliance Persistent Surveillance from Space (APSS) programme.According to the Defence Ministry (MApN), in the current security context of diverse and interconnected challenges, space technologies are essential for achieving defence objectives.The APSS programme will provide the necessary framework for future developments in the space field to the benefit of the organisation and its member states providing a common perspective on this new operational field and an adequate response to new threats, according to MApN .The Memorandum of Understanding establishes the necessary framework for the management and implementation of the APSS programme, in order to meet NATO's requirements and needs."This initiative underlines Romania's commitment to modernising and strengthening our national and collective capacities. By joining the APSS Programme, we will ensure continuous and effective surveillance from space, vital for rapid responses to new security threats. Romania is interested in participating in such projects that promote innovation and ensure access to cutting-edge technologies," said Tilvar.The APSS programme is designed to improve and accelerate operational situational awareness and support decision-making within NATO by increasing access to data, services and space capabilities.Officially launched in 2023, the "Alliance Persistent Surveillance from Space" initiative is intended to strengthen NATO's capabilities to collect and manage space data in an efficient and coordinated manner.According to MApN, this innovative initiative wants to change the way NATO collects, processes and distributes intelligence, integrating advanced technologies such as artificial intelligence, maintaining technological advantage and improving decision-making speed and efficiency.
Young people aged between 16 and 18 in Romania will be able to establish and manage a new type of limited liability company (S.R.L.), which will be called a "firmă de exercițiu" (practice firm) and will have the abbreviation "S.R.L.-F.E.", according to a new project. A young person will be able to establish or acquire […]
Developer Skanska has signed an agreement to sell the first phase of the Bucharest office complex Equilibrium to Gordiusz Private Equity Fund, managed by Gránit Asset Management. The transaction value amounts to EUR 52 million. The Equilibrium office complex consists of two buildings in the business district Floreasca – Barbu Vacarescu. The first phase, which […]
This year's edition of the George Enescu International Festival, the largest classical music event in the country, will feature performances from some of the top sopranos and mezzo-sopranos of the moment. Among them are Asmik Grigorian, Sonya Yoncheva, Kristine Opolais, Magdalena Kožená, Julia Lezhneva, Sarah Aristidou, Jennifer Holloway, Aylin Perez, Elsa Dreisig, Rachel Willis-Sørensen, Ruxandra […]
Globinvest, an asset management company from Cluj-Napoca, is set to launch an exchange-traded fund, or ETF, grouping together companies in the energy sector and several financial companies. Globinvest, a company with 30 years of experience on the Romanian capital market, will list the new entity on April 28 under the symbol GIBEFETF. Ilie Cenan, Chairman […]
Cyberhaven, an AI-powered data security provider founded by three Romanians and two Ukrainian citizens, recently announced that it has attracted a USD 100 million Series D funding led by StepStone Group along with new investors Schroders and Industry Ventures, to further accelerate its rapid growth. The funding pushes the valuation of the company to USD […]
The electoral campaign for the presidential elections began on Friday, April 4, at midnight, with most of the candidates posting on social media within the first minutes. Far-right candidate George Simion, credited with the first shot at winning the first round according to the latest surveys, began the election campaign alongside his wife and supporters, […]
