Romania and the Netherlands will establish a joint training center for Ukrainian F-16 technicians, https://militarnyi.com/ informs. The Dutch Ministry of Defense reported that both countries have signed a memorandum. The training center will be located at the Fetsesti air base, where the European F-16 Training Center is already operating. The center currently trains both Romanian and Ukrainian pilots. “Ukrainians will use F-16s for air defense. Every day we see how important this is. We need not only pilots, but also well-trained technical staff. Together with Romania, we are taking the next important step in this direction,” the Dutch Ministry of Defense said. Earlier, the Dutch Air Force trained Ukrainian technicians at the Volkel air base. F-16 systems – electronics, hydraulics, avionics, weapons, engine – require highly skilled maintenance. Separate specialists are responsible for hanging and adjusting missiles, bombs, guns, integrating guidance systems, and checking weapons electronics. Last year, the Netherlands officially approved the transfer of 24 F-16 fighter jets and seven jet engines to Ukraine. In addition, they are supplying spare parts and equipment for the maintenance and repair of the aircraft, totaling 80 million euros. The Netherlands is financing the purchase of weapons for Ukrainian F-16s. On March 21, 2024, it was announced that 150 million euros would be allocated, and on July 30, 2024, an additional 300 million euros would be allocated. Ukraine and the Czech Republic also agreed to establish a pilot training center for F-16 fighters.
Ruling on the draft law on the disbursement of privately-managed pensions, namely 2nd and 3rd Pillars, inked by the Financial Supervisory Authority (ASF), promoted by the Romanian government and approved with amendments by the Parliament, the Constitutional Court (CCR) concluded that the capping the single payment granted before the start of the monthly payments to […]
The revised bill that bans the cumulation of the public pension of a special (non-contributive) nature with a wage paid in the budgetary sector, currently available for public debate, will be amended so as to restrict the exceptions provisioned in the original form, labor minister Florin Manole said, according to
The Romanian business community reiterated its firm call to decision-makers to eliminate the minimum turnover tax (IMCA), in view of the discussions on the construction of the state budget for 2026, according to a statement signed by more than 100 employers' federations, business associations, and chambers of commerce in Romania. The Romanian government will address […]
Romanian president Nicusor Dan reiterated in a speech at the 2025 Digital Governance Summit organised by Edge Institute at Cotroceni Palace and published on the Presidency's webpage, thus making it somewhat official, an invitation addressed to the "private community" to draft regulations and sectoral policies that the state is unfortunately unable to design, such as […]
Premier Energy Group (BVB: PE), a leading vertically integrated utility company in Southeastern Europe listed on the Bucharest Stock Exchange, reported its normalized revenue grew 40% y/y to EUR 1.17 billion, while normalized EBITDA rose by 36% y/y to EUR 94 million in the first nine months of 2025. On a reported IFRS basis, revenue […]
Autonom Services, a mobility services company with bonds listed at the Bucharest Exchange, has entered into a credit facility agreement with a total value of EUR 300 million, with an option to subsequently increase the facility by up to EUR 50 million. The financing was attracted from a syndicate of banks that included Banca Transilvania, […]
