The national company Romarm estimates total double income this year, of 287.4 million lei, for a profit worth 700,000 lei and prepared investments of 13.94 million lei. The Romanian government approved on Thursday the government decision regarding the income and expenses budget for 2022 of the National Company Romarm, under the authority of the ministry of economy. ‘The measures proposed by the present document aims at the increase of total income by 97.83% from 145,290,000 lei to 287,430,000 lei . At the same time, there is approval for the increase of total expenses by 97.76% from 144.990,000 lei to 283,730,000 lei, correlated to the increase of total income. ‘The approval of the government decision represents an important step for the National Company Romarm, the value of the investments is estimated to be 13,947,000 lei. The financing of the investments will be made from their own resources, on the basis of payback as well as other sources, through financing from the state budget’ stated the minister of economy, Florin Spataru. The company proposes in 2022 profit worth 700,000 lei, up by 133,34% against the level made at the end of 2021. (Photo:https://romarm.ro/produse/)
Ten non-governmental organizations in Romania have issued a joint letter criticizing the executive for the emergency ordinance adopted on Thursday, January 16, which provides sanctions, including a turnover tax, for social media giants that fail to obey rules regarding electoral ads. Another government measure under fire from the opposition limits voting in the diaspora according […]
Dacia, part of the French Renault group, will launch several electric models to compete with Chinese brands for the affordable EV car market in Europe. The first electric model will be the next Sandero, which will appear sometime at the end of 2027, the brand's director, Denis Le Vot, said on Thursday, according to Reuters. […]
Happy 2025, dear Insiders, may it be a good year! And let it start with classics, some universal, some underground. Italian director Federico Fellini is one of the biggest names in the history of the medium. To say he was very influential is an understatement. He has his own adjective (Fellini-esque) while scenes from his […]
Romanian national airline Tarom announced the establishment of a new company, Tarom Tehnic, dedicated to providing maintenance and repair services for civilian aircraft, specializing in Boeing, Airbus, and ATR models. The new company is expected to generate revenues of up to EUR 10 million in its first year of operation, according to estimates from the […]
Romania has been named the special guest country at the 2026 Cairo International Book Fair, the Ministry of Culture announced. The event will coincide with the celebration of 120 years of Romanian-Egyptian diplomatic relations. According to the ministry, the news was shared by Dr. Ahmed Fouad Hano, Egypt's minister of culture, during a press conference […]
Bucharest has started implementing a special recycling project that directly benefits stray animals. In Tineretului, Floreasca, and Circului parks, eco-friendly vending machines have been installed to provide food and water for stray cats in exchange for recycling bottles and aluminum cans. “Street cats lead a hard life, especially in winter. Food is essential for their […]
