National Defence Minister Angel Tilvar participated on Tuesday at the 57th Mihail Kogalniceanu Air Base in the certification ceremony of the UK Royal Air Force detachment deployed to Romania for carrying out enhanced air policing missions together with the Romanian Air Force."This year we celebrate 75 years since NATO's creation and 20 years since Romania became a member of the Allied family. Unity and solidarity are the fundamental principles the North Atlantic Alliance was built on. Since the illegal annexation of Crimea by Russia, in 2014, the reinforced air policing missions in Romania were essential for the deterrence and regional defense posture of the allies. The importance of the deployment of allied combat aircraft, on a rotational basis, intended to complement Romania's own air policing capabilities, was reconfirmed after February 24, 2022," said the National Defence minister as cited in a release of the Defence Ministry.Minister Tilvar welcomed the return to Romania of our country's strategic partner, Great Britain, and its prestigious Royal Air Force, and thanked both the British and Romanian troops for the way they accomplish their missions "to secure the Romanian and, implicitly, NATO skies." The DefMin voiced his opinion that the presence in Romania of the British and Spanish partners "is proof of NATO's 360-degree approach to defending the Allied skies, from West to East, and from the Baltic Sea to the Black Sea."The ceremony took place in the presence of the Chief of the Defense Staff, General Gheorghita Vlad, of the ambassador of the United Kingdom of Great Britain and Northern Ireland in Bucharest, representatives of NATO's Combined Air Operations Centre Torrejón, the British Royal Air Force, and the Romanian Air Force Deputy Chief of Staff.The British detachment of approximately 220 personnel (pilots and technical personnel) and six Eurofighter Typhoon aircraft are on a four-month mission to Romania, performing together with Romanian Air Force personnel enhanced air policing missions under NATO command.This is the RAF's fifth eAP rotation at the Mihail Kogalniceanu Air Base, after the iterations completed in 2017, 2018, 2021 and 2022.
Young people aged between 16 and 18 in Romania will be able to establish and manage a new type of limited liability company (S.R.L.), which will be called a "firmă de exercițiu" (practice firm) and will have the abbreviation "S.R.L.-F.E.", according to a new project. A young person will be able to establish or acquire […]
Developer Skanska has signed an agreement to sell the first phase of the Bucharest office complex Equilibrium to Gordiusz Private Equity Fund, managed by Gránit Asset Management. The transaction value amounts to EUR 52 million. The Equilibrium office complex consists of two buildings in the business district Floreasca – Barbu Vacarescu. The first phase, which […]
This year's edition of the George Enescu International Festival, the largest classical music event in the country, will feature performances from some of the top sopranos and mezzo-sopranos of the moment. Among them are Asmik Grigorian, Sonya Yoncheva, Kristine Opolais, Magdalena Kožená, Julia Lezhneva, Sarah Aristidou, Jennifer Holloway, Aylin Perez, Elsa Dreisig, Rachel Willis-Sørensen, Ruxandra […]
Globinvest, an asset management company from Cluj-Napoca, is set to launch an exchange-traded fund, or ETF, grouping together companies in the energy sector and several financial companies. Globinvest, a company with 30 years of experience on the Romanian capital market, will list the new entity on April 28 under the symbol GIBEFETF. Ilie Cenan, Chairman […]
Cyberhaven, an AI-powered data security provider founded by three Romanians and two Ukrainian citizens, recently announced that it has attracted a USD 100 million Series D funding led by StepStone Group along with new investors Schroders and Industry Ventures, to further accelerate its rapid growth. The funding pushes the valuation of the company to USD […]
The electoral campaign for the presidential elections began on Friday, April 4, at midnight, with most of the candidates posting on social media within the first minutes. Far-right candidate George Simion, credited with the first shot at winning the first round according to the latest surveys, began the election campaign alongside his wife and supporters, […]
