The minister of National Defence, Angel Tilvar on Thursday welcomed the president of the defence industry in Turkey, Haluk Gorgun, the two addressing the opportunities for collaboration between the companies in the field from the two countries, the Ministry of National Defense informs in a press release.During the meeting that took place at the headquarters of the ministry, the two officials also discussed the latest developments in the technical-military cooperation between Romania and Turkey.Minister Tilvar emphasized the importance of joint projects carried out both in a bilateral context and within NATO, in order to strengthen the security of the Black Sea area, a topic that was also on the agenda of the discussions held recently in Ankara, on the sidelines of the first meeting of the Romania - Turkey High Level Strategic Cooperation Council."As NATO allies in the Black Sea region, it is very important to strengthen cooperation in the technical-military field, in order to be able to meet the requirements regarding the equipment of the armed forces. A consolidated Romanian defence industry is necessary, considering the specifics of the security situation in our region," minister Tilvar said.He appreciated the "very good" level of cooperation between the Romanian and Turkish armed forces on all components, stressing the important role that the Black Sea Mine Action Group - MCM Black Sea will have for the safety of navigation routes in the area.At the end of the meeting, minister Tilvar highlighted the consistent participation of prominent Turkish companies at the Black Sea Defense & Aerospace Exhibition (BSDA 2024), an aspect that contributes to strengthening the dialogue between companies in the defence industry in Turkey and Romania.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
