Three F-16 Fighting Falcon aircraft purchased by Romania from Norway landed on Friday at the 71st General Emanoil Ionescu Air Base at Campia Turzii, central-western Cluj County, the Defence Ministry (MApN) reports.The F-16 Fighting Falcons will be part of the 48th Fighter Squadron of the 71st Air Base.Defence Minister Angel Tilvar is quoted as saying that the acquisition of another 32 F-16 aircraft from Norway, which will be used by two more squadrons of the Romanian Air Force, allows the completion of the first stage of the "Multirole Aircraft of the Air Force" programme."Making operational the next two F-16 aircraft squadrons, at Campia Turzii and Mihail Kogalniceanu, southeastern Constanta County, will significantly contribute to strengthening the security of Romania and NATO's eastern flank, by executing missions to defend the national and NATO airspace with three squadrons, from three air bases, through the Standing Air Policing Combat Service," he said.With the three F-16 aircraft arrived on Friday, the Romanian Air Force has so far received nine of 32 aircraft purchased by Romania from Norway, together with the related package of goods and services. The completion of the reception of the entire batch is estimated for the end of 2025.The 32 F-16 aircraft will be delivered in operational condition, their available resource ensuring their operation for a transition period, of at least 10 years, to the fifth-generation aircraft, F-35, which makes the acquisition of Norwegian fighter jets a transfer of capability between two NATO allied countries, according to MApN.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
