Loading page...

Romanian Business News - ACTMedia :: Services|About us|Contact|RSS RSS


 Funds for relaunch of "Cantacuzino" Institute - from 2 percent of GDP allocated annually to Defence


The Minister of National Defence, Nicolae Ciuca, declared on Thursday that the funds for the relaunch of the "Cantacuzino" Institute are based on the two percent of the GDP allocated annually to Defence.

"Of the two percent allocated annually to Defence according to the national political agreement (...) we found funds to relaunch the Institute's activity, we found funds for research and, in the current context, for the involvement of specialists here in the fight against the pandemic that affected so much our lives," the minister said at the event celebrating the 100th anniversary of the establishment of the medical-military institution.

President Klaus Iohannis decorated the "Cantacuzino" Institute with the Order of "Sanitary Merit" in the rank of Grand Officer, on the occasion of the centenary.

"The high distinction you have bestowed on us honors us, but it also motivates us to continue and complete what we started, to turn 'Cantacuzino' into a success story for Romanians. We will give them all the financial support and decisively to resume, in the next period, the production of tetanus and influenza vaccine, but also of the long-awaited Polidin," said Nicolae Ciuca.

The "Cantacuzino" Institute was established on April 1, 1921, by the High Decree issued by King Ferdinand I, under the name of the "Dr. I. Cantacuzino" Institute of Serums and Vaccines. 


President Klaus Iohannis on Thursday decorated the "Cantacuzino" Institute with the "Sanitary Merit" Order in rank of Grand Knight, on the occasion of the celebration of the Institute's 100th anniversary.

"We honour today the activity of the National Medical-Military Research-Development Institute "Cantacuzino," which, 100 years after its establishment, remains a landmark of the Romanian medical research (...) The rename of the "Cantacuzino" Institute, your professionalism, of those who carry out the activity here, give you responsibility and an essential role in strengthening the citizens' trust in vaccination. As a token of gratitude of the value of your collective of great specialists of the Romanian medicine and of the contribution of the "Cantacuzino" Institute to the development of the medical scientific research, today, on the occasion of the 100th celebration of its establishment, I have decorated this prestigious institution with the "Sanitary Merit" Order in rank of Grand Knight," said Iohannis, at the ceremony organised on the occasion of the anniversary of the Institute.