Members of the armed forces in Romania, the Republic of Moldova and the US will have a NATO multi-national exercise for the improvement of the collective defence in Eastern Europe,informs a press release of the US Embassy in Bucharest. Accordingto the quoted source, theMarines and the mariners of the combined arms company and the Black Sea Rotational Force will take part in the Platinum Lynx 16-2 exercise in Smardan,starting on Monday. ‘Forthis exercise,the Combined Arms Company will transport tanks,artillery and other heavy equipment on railroad in Bulgaria,where they will support the mechanised integration,breach techniques,tactics for landed shootings,indirect shooting with the purpose of improving the fighting capacity in joined operations, the anti-tank tactics and other essential fighting abilities’the American Embassy in Romania announces. The participants will host on Friday the Day of the distinguished visitors and journalists ‘ for an exercise with firing with combinedarms including tanks,artillery and air support’. The company of combined arms,stationed in Bulgaria came in August ‘ to support the allies and the NATO partners in the region and to bring a segment of mechanised abilities to the multi-national exercises’. The company is an additional unit of the Black Sea Rotational Force,a semi-annual rotation of the Marine and the Mariners sent to Romania, to answer to a varied series of military operations in the area of responsibility of the European Command of the US,the quoted source says.
State-controlled Hidroelectrica (BVB: H2O) allegedly supplied electricity for years to politically connected companies and religious institutions without issuing invoices or collecting payments, according to public data analysed by investigative platform Recorder. The supplies...
Altex Romania will develop in the following year the DIY chain Brico Dépôt by securing ownership of the rented stores, upgrading the entire chain, and opening three to five new stores per year after the transition year 2026, Altex founder, main shareholder, and CEO Dan Ostahie announced after his company took over the do-it-yourself chain […]
The government announced it selected, on November 27, a president and two vice-presidents for the Agency for Monitoring and Evaluation of Public Enterprises' Performance (AMEPIP). The action was a milestone under the Resilience Facility due November 28, after the expiry of the six-month extra time allowed by the European Commission, with a EUR 330 million […]
Romania's Ministry of Finance published for debate the draft emergency ordinance (OUG) on the second budget rectification of this year on the evening of November 27. According to the document, the general government budget deficit will remain at 8.4% of GDP, Hotnews.ro reported. Central government budget revenues for...
Romania’s general government budget deficit halved y/y to RON 6.4 billion (EUR 1.25 billion) in October, when the tax revenues increased by 15.6% y/y – ten times the 1.5% y/y advance of current expenditures, according to data published by the Finance Ministry. Notably, the payroll narrowed by 4.0% y/y and the expenditures with goods and services by […]
Romania’s Craiova has been named the best Christmas market in Europe 2026 after securing a record number of votes in the annual competition run by European Best Destinations. The results were announced on Thursday evening, November 27, following a week of online voting. This year, 803,258 travellers from 179 countries have voted and shared their passion on […]
