The Romanian Senate on Monday passed a government bill allowing for the donation of a Patriot surface-to-air missile system to third parties, 101 to 13 and two abstentions.Chair of the Senate Defence Committee Nicoleta Pauliuc voiced hope that the bill will pass through the Chamber of Deputies, the decision-making body in this case, by the end of this week.After the adoption of the law by Parliament, the Romanian government will be allowed to issue the decision that will make such donation operational.The bill manadates the government of Romania to take the necessary steps to rebuild the ground-based air defence capability related to the essential acquisition programme "Long Range Surface-to-Air Missile System" by awarding to the Government of the United States of America a Letter of Offer and Acceptance (LOA) state contracts specific to Foreign Military Sales programs - (FMS) for the acquisition of a PATRIOT surface-to-air missile system configuration 3+, as well as major equipment, means of transport, materials, parts, maintenance equipment, initial logistic support and training service, cryptographic equipment.At the same time, Romania's Defence Ministry (MApN) is mandated to provide the funds necessary for the payment of taxes and commissions related to the rebuilding of the ground-based air defence capability.Social Democratic Party (PSD) Senate floor leader Lucian Romascanu said that "we are NATO members and we have a security guarantee, (...) And in order to have peace here, we must help those who are fighting a little further to win, as it is another guarantee of security."National Liberal Party (PNL) senator Nicoleta Pauliuc said that by donating a Patriot surface-to-air missile system "there is no question of Romania being left without protection" because the country has seven other such systems, two of which are in working condition with the necessary human resources to manage them, two are in the with the Romanian Army and another three are to become part of it."Through this donation, Romania has demonstrated once again (...) to be a security provider in this area. When the war ends, Romanian companies will also participate in the reconstruction of Ukraine," Pauliuc said.Seante floor leader of the Alliance for the Union of Romanians (AUR) Calin Maties voiced disagreement with the donation of the Patriot system of "USD 1 billion," saying that Romania is poor.
On October 30, 2025, Envisia will host the 3rd edition of the Future of Boards Gala. The event brings together board members, executives, and governance ecosystem partners for an evening dedicated to recognizing responsible leadership, corporate governance, and high-performing boards. The six award categories celebrate individuals and boards who, through courageous decisions and integrity, create […]
The European real estate debt market is showing clear signs of recovery, supported by stabilized interest rates, competitive lending, and renewed investor confidence. According to AEW’s latest research, the credit financing gap across Europe is narrowing, with improved lending conditions helping to ease refinancing pressures that have weighed on the sector in recent years. Between […]
French retail chain Carrefour may want to sell its stores in Romania and exit the market, according to the French publication L’Informe. Moreover, it would also like to get rid of its operations in Poland and Argentina, according to the same source. So far, Carrefour has reportedly only analyzed a possible exit from the local […]
Romanians are not looking forward to Black Friday with more enthusiasm than last year, according to a recent survey. The main reasons are economic instability and the decline in purchasing power. Around 22% of Romanians say they will not buy anything on Black Friday 2025, and only 15% of Romanians plan to spend more compared […]
Cristina Ghițulică, a faculty member at the Faculty of Chemical Engineering and Biotechnologies (Politehnica Bucharest), was elected as the first woman president of the European Association for Quality Assurance in Higher Education, or ENQA. Ghițulică is the director general of the Romanian Agency for Quality Assurance in Higher Education. She was elected to head ENQA […]
The Bucharest National Opera and the Kinetobebe Association announced “The Dance of Velvet Steps,” a premiere performance for the audience with special needs, on Sunday, November 16. The show consists of a ballet performance adapted and made accessible for children and adults with disabilities. The performance is primarily addressed to children and adults with special […]
