The Royal Air Force of Great Britain will start an air policing mission in Romania this week, informs the Ministry of National Defence (MApN).According to the MApN, the certification ceremony of the detachment deployed in Romania to carry out reinforced air policing missions will take place on Tuesday, in Mihail Kogalniceanu Air Base 57.Members of the MApN leadership, the ambassador of the United Kingdom of Great Britain and Northern Ireland in Bucharest, Giles Portman, representatives of the NATO Air Operations Centre (CAOC) Torrejon and of the British Royal Air Force, as well as the deputy chief of Staff of the Romanian Air Force were invited to the event.The British detachment, made up of approximately 220 pilots and technical staff and six Eurofighter Typhoon aircraft, will carry out enhanced air policing missions under the command of NATO, in the next four months, together with Romanian Air Force airmen.This is the fifth rotation at Mihail Kogalniceanu of the British Royal Air Force, after those carried out in 2017, 2018, 2021 and 2022.Joint air policing missions contribute to the development of reaction and deterrence capacity, as well as to the strengthening of interoperability between the Romanian Air Force and the British Royal Air Force.
Investment firm Mozaik Investments has acquired a majority stake in Genesis College, a large private educational institution in Bucharest. After receiving all approvals, Mozaik will provide growth capital to accelerate the development of the educational network through investments in new campuses and the expansion of schooling capacity, as well as the development of the International […]
The Romanian investment fund market has surpassed the threshold of one million investors. Moreover, the net assets of the 248 open-ended and closed-ended funds reached RON 51.8 billion (EUR 10.2 billion) in June, according to data from the Romanian Fund Managers Association, or AAF. Specifically, 1,007,481 people in Romania had money in the local and […]
Local authorities in Hunedoara announced investments worth RON 200 million for the King’s Road, which connects the spa resort Vața de Jos, in Hunedoara County, and the Royal Castle at Săvârșin. The road was built in the post-war period by order of King Michael I of Romania and was paved with cobblestone. Now, the authorities […]
Justice Minister Radu Marinescu (PSD) told Antena 3 that the prime minister's proposal to amend the law on magistrates' pensions represents "a starting point", but stressed that the Ministry of Justice has not drafted a bill to this effect, Bursa reported. Marinescu recalled that there is...
Romanian PM Ilie Bolojan warned of systemic irregularities in the country’s disability pension system, noting that nearly 1 million people currently receive such benefits, G4Media reported on July 29. The prime minister said the...
Romanian tech company Visual Fan (BVB: ALW), a developer of consumer goods (mobile phones primarily), goods that expanded various business lines, including EV imports and renewable energy projects development, announced that it signed a EUR 16.6 million contract for developing a power storage unit for Eurowind Energy. The company's shares rose by 3.5% on July […]
