Three F-16 Fighting Falcon aircraft purchased by Romania from Norway landed on Friday at the 71st General Emanoil Ionescu Air Base at Campia Turzii; they will be used by the 48th Fighter Squadron, according to the Defence Ministry (MApN).The acquisition of the new batch of F-16 Fighting Falcon aircraft and the related package of goods and services will increase Romania's security by defending the national / NATO airspace, in peacetime and in crisis situations, via the Standing Combat Service - Air Policing (SLP-PA) under NATO command."Through the gradual arrival, this year and next, of the 32 F-16 Fighting Falcon multirole aircraft, to be used by two more Air Force squadrons, Romania strengthens its air defence capabilities to overcome the security challenges in the region. These aircraft will play an important role in maintaining a credible NATO defence and deterrence posture in connection with any aggression on the eastern flank and, equally important, will ensure the transition of the Romanian Air Force to the era of the fifth generation F-35 aircraft," Defence Minister Angel Tilvar is quoted as saying.This is the second series of three F-16 aircraft purchased by Romania from Norway and the related package of goods and services, with the first being received at the end of November 2023, at the 86th Air Base at Borcea. "The aircraft will make sure the Romania meets the new NATO requirements, subsequently being introduced in the modernisation programme in the same configuration (M6. X) with F-16 aircraft from the first squadron, already in use by the Romanian Air Force. This solution ensures the involvement of the national defence industry in maintenance and modernisation works of F-16 aircraft, through Aerostar Bacau," according to MApN.Currently, the Romanian Air Force has 20 F-16 aircraft.
Deloitte Romania assisted AQUILA, leader in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in the acquisition of Romtec Europa, the company that produces car care fluids and aerosols. The transaction, valued at 3.2 million euros, was signed in December 2023 and completed recently, following approval from […]
CBRE Romania, the leader in providing commercial real estate services, launches an analysis regarding the business potential and alternative investment and development opportunities in Timiș County. According to the analysis, Timiș stands out as a vital centre of Romanian agriculture, ranking first in agricultural area with 693.034 hectares and second in organically cultivated land area. […]
By the end of 2024 the stock of modern retail spaces will overpass 4.5 mln. sq. m setting a new record for Romania. Circa 186,000 sq. m could be added to country’s modern retail stock if taking into consideration under-construction projects. The popularity of the specialized format is noticed in the forecasted developments, claiming 95% […]
The average office fit-out costs have increased by around 15-20% during the past 12 months, but they still remain among the lowest in the Central and Eastern Europe (CEE), according to data from the Cushman & Wakefield Echinox real estate consultancy company. With an average level of €943 per sq. m of office space, the […]
Romania is present at the 10th edition of the EU-Startups Summit in Malta, the biggest event for tech startups in Europe, through RoTechMission, a delegation organized by DiFine PR, Techcelerator and ROTSA (Romanian Tech Startups Association). More than 2,000 people, including 1,000 entrepreneurs and 300 investors, will attend the event, which takes place from May […]
AeroVacanțe, part of the Aerotravel group, is betting in 2024 on new destinations, more accessible for Romanians, as a result of the growing demand for holidays in new destinations untouched by mass tourism. Thus, the agency introduces for this summer 14 charter flights to Lesbos, the third largest island in Greece, where the costs of […]
