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.
East Grain Group and Poultry Investment SA have acquired the 45% stake previously held by UBM Group in UBM Feed Romania, thus becoming equal shareholders in one of Romania's largest feed producers, which will now operate under the brand Protena. East Grain is controlled by Czech agri-food group Agrofert, one of the largest agribusiness groups […]
The Foreign Investors Council (FIC) has appointed Ruxandra Băndilă as its executive director. Băndilă will coordinate FIC's activity and "will contribute to strengthening the dialogue with authorities, consolidating the organization's positioning as a reliable partner in promoting a stable and predictable business environment, as well as supporting Romania's becoming a competitive and attractive destination for […]
Romania’s European projects and investments minister, Dragoș Pîslaru, announced that he will notify the European Public Prosecutor’s Office (EPPO) regarding the purchase of electric minibuses for students with EU funds. The minister said that “multiple dysfunctions” were noted in how the EU funds were used in the project. Aside from notifying the EPPO, the minister […]
Only about 44% of employees in Romania say they have used AI in the past year, while the average usage rate in the 48 countries included in the report was 57%, according to the PwC Workforce Hopes and Fears Survey 2025 report. India and Vietnam are at the top, with 84%, followed by China (78%). […]
A new four-star hotel is set to rise next to Bucharest’s Henri Coandă International Airport, following a EUR 45.5 million investment announced by real estate developer D. GROUP. The Wyndham Garden Bucharest Airport Hotel, scheduled to open in July 2027, will introduce the Wyndham Garden brand to Romania for the first time. Located 150 metres […]
Romania ranks 3rd in a European heatwave vulnerability ranking and will experience 3 heatwave events annually, lasting 17 cumulative days with average temperatures of 36.82°C, placing it ahead of all Mediterranean countries, according to new research from climate system experts at Reinders Corporation. The study analysed climate modelling data, heatwave frequency, and average temperatures across […]
