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.
Romania will join the Schengen Area with its land borders starting January 1, 2025, according to Romanian prime minister and Social Democrat (PSD) leader Marcel Ciolacu, who was on a visit to Brussels on Monday, November 18. The Romanian PM said during an interview that the decision regarding Romania’s accession with land borders will be […]
Exorigo-Upos, the Polish company that provides IT technology solutions for the retail sector, is preparing to take its presence in Romania to the next level by establishing an innovation hub in Bucharest. The new center will focus on developing and testing cutting-edge technologies tailored to the Romanian market, in line with the company’s long-term strategic […]
Eva and Victor, ages 16 and 17, respectively, will advocate for climate action as members of Romania's delegation at the United Nations Conference on Climate Change – COP29, held in November 2024 in Baku, Azerbaijan. The two teenagers also have clear roles in the conference. Victor, for example, will co-moderate the Climate Youth Forum, where […]
Natural gas producer Romgaz (SNG), a company in which the majority stakeholder is the Romanian state, listed on Tuesday, November 19, its first corporate bonds amounting to EUR 500 million on the Bucharest Stock Exchange. The bonds, also listed on the Luxembourg Stock Exchange since the beginning of October 2024, are part of a tranche […]
The Bucharest Court of Appeal ruled on Tuesday, November 19, to return the case involving Andrew and Tristan Tate to prosecutors at DIICOT, citing several irregularities. The judges also decided to remove several pieces of evidence and statements from the file, according to
Program empowers women in Romania to step into management or advisory board roles Offering actionable advice for women in businesses seeking strong governance Supporting EU gender diversity targets with inclusive leadership programs The European Bank for Reconstruction and Development (EBRD) celebrates Women’s Entrepreneurship Day on 19 November 2024 by highlighting the EBRD Women on Boards […]
