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In June, NATO battle group to be located in central Romania, at Cincu

Thursday, May 19, 2022

The Allied battle group in Romania is active in Constan?a for now, but in June, its "centre of gravity" will be moved to Cincu, in the central part of the country, according to col. Vincent Minguet, the commander of the tactical group of NATO's advanced presence in Romania.   Cincu is located in the center of the country, in Bra?ov County - at approximately equal distances from important cities such as ...

Maintenance capability for Black Hawk helicopters, at Romaero, with Lockheed Martin and Aerostar

Thursday, May 19, 2022

 The maintenance capacity for Black Hawk helicopters is to be built at Romaero with Lockheed Martin and Aerostar, Economy Minister Florin Spataru said on Wednesday after the signing ceremony of the letter of intent with Lockheed Martin."It is a maintenance capability for these Black Hawk helicopters that the Ministry of the Interior has purchased. Our intention and that of Lockheed Martin is to develop this capability both for use in Romania and for the ...

Head of defence committee Pauliuc met Polish counterpart Rusiecki

Thursday, May 19, 2022

 The head of the Romanian Senate's defence committee, Nicoleta Pauliuc, had a meeting on Tuesday with her Polish counterpart, Senator Jaroslaw Rusiecki, during which the two high officials discussed the importance of the Strategic Partnership in strengthening and developing the excellent bilateral relationship existing between Romania and Poland.In this context, Pauliuc pointed out that the Action Plan for the implementation of the Strategic ...

DefMin: I hope we exceed 30pct for endowment next year, great need in naval area

Thursday, May 19, 2022

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National Defence Minister Vasile Dincu said on Wednesday that he hoped the ministry's budget allotted in 2023 at least 30 percent to military endowment and underscored Romania needed acquisitions in the naval area.He had an intervention in the opening of the Black Sea Defence and Aerospace (BSDA) conference and exhibition event.Asked about the percentage that could be earmarked next year from the Defence budget to military acquisitions, the ...

Chamber of Deputies: the draft Offshore Law, adopted

Thursday, May 19, 2022

The Chamber of Deputies has adopted the draft Offshore Law on Wednesday.There were 248 votes "in favor" and 34 votes "against". The draft law regulates a set of measures regarding the stability of the fiscal regime and petroleum royalties. "Today we have voted in the Chamber of Deputies, alongside a wide majority, the Offshore Law. It is maybe a step - the most important - that ...

PM Nicolae Ciuca, at the 10th edition of the Romanian Business Leaders Summit

Thursday, May 19, 2022

Prime Minister Nicolae Ciuca, attending on Wednesday the 10th edition of the Romanian Business Leaders Summit, said that the government is acting along "all lines of effort" to ensure the predictability, stability and confidence the Romanian economy needs in order to become high performing."The partnership [between the government and the business community] has been a constant reminder that in order to be high performing, an economy needs predictability, ...

Romania, the first commercial partner of the Republic of Moldova : commercial exchanges surpassed 2.4  billion dollars in 2021

Thursday, May 19, 2022

Romania is the fist trade partner of the Republic of Moldova at the end of 2021 being registered a record value of 2.4 billion dollars out of which the Romanian exports had 1.5 billion dollars, show the data of the ministry of entrepreneurship and tourism (MAT).At the same time, Romania is first according to the number of companies registered in the Republic of Moldova, namely 1,557 and second ...

Premier Ciuca : this year the taxing system will not be modified, we will not have new taxes

Thursday, May 19, 2022

Premier Ciuca stated, on Wednesday on the issue of introducing progressive taxation, that he wanted to clarify the matter and said that this year there will be no changes in the taxation system and there will be no new taxes.   The head of the government announced that yesterday there was decided, in the coalition, that at the level of the ministry of finances there will be an analysis that later would be discussed with the ...

Turnover of market services to enterprises advances 24.5 pct in Q1

Thursday, May 19, 2022

 The turnover of market services rendered mainly to businesses in Q1 2022 was 24.5 percent up in unadjusted nominal terms from the same period of 2021, and 23.7 percent higher as workday and seasonally adjusted terms, shows data released on Wednesday by the National Institute of Statistics (INS).The YoY advance registered in unadjusted terms in the reporting period was the effect of growth in computing and IT services (+40.6 percent), other services ...

Wholesale trade turnover up 31.2 pct in Q1 2022

Thursday, May 19, 2022

Romania's wholesale turnover (except for trade in motor vehicles and motorcycles) increased, in nominal terms, over January 1 - March 31, 2022, Y-o-Y, both as unadjusted series, and as workday and seasonally adjusted series by 31.2%, respectively by 29.3%, the National Institute of Statistics (INS) announced on Wednesday.Thus, wholesale trade turnover (except for trade in motor vehicles and motorcycles) increased overall, in nominal terms, as unadjusted ...

Celebrating 25 Years of Electronic Communications in Romania - CEO of S&T Romania Awarded for Outstanding Merits in ICT Industry

Thursday, May 19, 2022

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The International Telecommunications and Information Society Day was celebrated on May 17, 2022, at the Romanian Chamber of Commerce and Industry (CCIR), ...

NATO Deputy SecGen Geoana: Cybersecurity, part of new type of war

Wednesday, May 18, 2022

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Cybersecurity is part of the new type of war, the Deputy Secretary General of the North Atlantic Alliance, Mircea Geoana, had an intervention on Tuesday via video link at a conference titled "Building Blocks of Global Digitalisation: creating trust, deterrence & policy coordination through cyber diplomacy"."Besides disinformation and digital espionage, cybersecurity is part of a new type of war. On the day of the invasion [of Ukraine] by Russia, there ...

SRI : In terms of cyber espionage, Russia's all relevant intelligence services try to be present in Romania

Wednesday, May 18, 2022

All relevant intelligence services from Russia, namely FSB, GRU and SVR, are trying to be present in Romania, on the cyber espionage side, the general director of the Cyberint National Center within the Romanian Intelligence Service (SRI), Anton Mugurel Rog, told a Tuesday's specialized conference."We had technical data for two actors that they are here. We had FSB and GRU. A few months before the war came the third missing actor from Romania: SVR. So now, ...

DefMin Dincu says in Brussels there are regional implications of Russian aggression against Ukraine

Wednesday, May 18, 2022

 The Minister of National Defence, Vasile Dincu participated on Tuesday, in Brussels, in the meeting of the Foreign Affairs Council in the format of the Ministers of Defence from the EU member states, a context in which the Romanian official drew attention that there are regional implications of Russian aggression against Ukraine.The minister added that there is a need for continued support for the states in the eastern neighborhood, according to a ...

Chief of Defense Staff, at meetings of EU and NATO military committees

Wednesday, May 18, 2022

Chief of Defense Staff, General Daniel Petrescu, is attending, in the May 17-19 period, the meetings of the European Union Military Committee (EUMC) and the Military Committee of the North Atlantic Alliance (NATO MC), organized in Brussels, in the format of heads of defence, the National Defence Ministry (MApN) informs.According to a release sent, on Tuesday, by the Ministry, the agenda of the EUMC meeting of May 18 includes subjects regarding the ...

Border Police: Over 950K Ukrainians enter Romania since start of crisis

Wednesday, May 18, 2022

The General Inspectorate of the Border Police informs on Tuesday that, since the start of the crisis in Ukraine, on February 24, 951,720 Ukrainian citizens have entered Romania.Starting with February 10 (pre-conflict period), 986,249 Ukrainians entered Romania, the Border Police mentions in a release sent on Tuesday.According to the quoted source, on Monday, at the national level, through the border crossing points at the level of the entire ...

PM Ciuca met the head of Carlyle International Energy Partners Group

Wednesday, May 18, 2022

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Prime Minister Nicolae Ciuca on Tuesday said that starting to exploit the natural gas in the Black Sea represents an essential objective in the process of obtaining supply independence from Russian gas.The Prime Minister had a meeting on Tuesday at the Victoria Palace with Eric Faillnet, the head of Carlyle International Energy Partners Group, which is the main shareholder of the Black Sea Oil&Gas.According to a press release of the ...

EnerMin Popescu: Once exploitations start in Black Sea, Romania to produce more gas than it consumes

Wednesday, May 18, 2022

 The Energy Minister, Virgil Popescu, stated on Tuesday that, once exploitations start in the Black Sea, Romania will produce more gas than it will be able to consume."Once exploitations in the Black Sea start, the Romanian state, Romania will produce, practically, more gas than it will be able to consume. We have until the end of 2026, 2027 to prepare so that we consume as much as possible and we will also become a provider of regional energy ...

GROSS DOMESTIC PRODUCTS IN Q1 2022 WAS, IN REAL TERMS, BY 5,2%1 HIGHER, AS COMPARED TO Q4 2021.

Wednesday, May 18, 2022

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- As against the same quarter of 2021, the Gross Domestic Product recorded an increase by 6,5% for the unadjusted series and recorded no change for the seasonally adjusted series; - The seasonally adjusted series of quarterly Gross Domestic Product was readjusted as a result of the introduction of the estimates for Q1 2021, differences being recorded as compared to the version published in the Press release no. 85 of ...

CFA Romania about GDP evolution: Increase beyond expectations

Wednesday, May 18, 2022

The increase of gross GDP announced on Tuesday by the National Statistic Institute is beyond expectations in conditions in which technical recession was anticipated in Romania, according to Adrian Codirlasu, CFA Romania vicepresident.   He pointed out that data for the last quarter of the year compared to quarter 1, 2021, shows a 6.5% GDP increase, therefore better than anticipated. He also said the ...

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