DZYNE Technologies, US company owned by Highlander Partners, and National Company ROMARM SA signed on Friday a Memorandum of Understanding for a sustainable partnership that will bring to Romania cutting-edge autonomous solutions, strengthen the country's defense industrial base and create new jobs.According to a joint statement sent on Monday by the two companies, Dzyne Technologies, company which develops innovative autonomous defense solutions across the spectrum of Unmanned Aerial Systems (UAS) and Counter-UAS (cUAS) technologies will work alongside National Company ROMARM SA and key Romanian defense companies to do research, design, and produce tailored solutions for border security, critical infrastructure protection, and other key domestic security domains.This agreement represents a critical step forward in our strategic partnership with Romania, reinforcing our shared commitment to enhancing regional security through cutting-edge drone and counter-drone technologies. It symbolizes a generational leap toward innovation, combining our expertise with Romania's vision to develop advanced drone and anti-drone capabilities, said Christopher Miller, Chief Strategy Officer for DZYNE Technologies and former Acting U.S. Secretary of Defense, quoted in the release."Together we are ensuring that our armed forces are equipped to meet today's complex geostrategic challenges with agility and confidence. This memorandum is not only a promise for the future, but also a reflection of our long-lasting commitment to peace, security and technological leadership," National Company ROMARM SA CEO Emanuel Ioana said.National Company ROMARM SA, under the authority of MEAT, runs 15 subsidiaries and a Center of Excellence in Research, Development and Innovation, and is the leading defense manufacturer in Romania, supplying a wide range of military equipment and services. With a focus on strengthening Romania's defense capabilities, ROMARM SA plays a critical role in the country's security infrastructure, contributing to national and regional stability.
2024 is almost over, and before making any predictions, hopes or wishes for 2025, I will take this moment to look back and remember the pics that stayed with me most in the past months. I will try to go in the order that I watched each, and I also included all trailers below […]
Update: The government will pass the ordinance covering measures aimed at reducing public spending and the budget deficit, prime minister Marcel Ciolacu announced. The PM said the country was facing “a difficult year ahead” and “we must quickly adopt measures that will protect Romania from possible major financial risks.” The tax on special constructions, which […]
The Government is scheduled to meet on Monday, December 30, to discuss the emergency ordinance covering measures aimed at reducing public spending and the budget deficit. The Ministry of Finance published the draft ordinance on Sunday, December 29. It is available here. Among the measures included in the draft ordinance, also known as "the austerity […]
Romania’s Ministry of Finance (MF) raised RON 2.6 billion (EUR 523.1 million) through its sixth Fidelis government bond issuance of 2024, setting an annual record of RON 16.4 billion...
UniCredit Bank, one of Romania's leading financial institutions and a member of the UniCredit Group, has announced the listing of a new corporate bond issue worth RON 750 million (EUR 150 mln) on the Bucharest Stock Exchange (BVB). The bonds, issued under the ticker symbol UCB29, are set to mature on November 22, 2029. The […]
Another cinema that once belonged to the state-owned film distribution company RADEF has been refurbished and is scheduled to open in Timișoara in early 2025. The cinema is named Johnny, a nod to actor Johnny Weissmüller, known for playing Tarzan in twelve feature films from 1932 to 1948. Weissmüller was born in Freidorf, a village […]
