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DEFENSE

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Six Aerospace Companies Considering Romania For Investments
Companies

Six Aerospace Companies Considering Romania For Investments

Six aerospace companies want to open plants or relocate production facilities to Romania and the investments might create 15,000 new jobs, says Sorin Encutescu, state secretary with the Econ...

Loredana Frățilă-Cristescu · 16.07.2015 · 01:03 · 3 min
Technology &Telecoms

Defense Body Calls On Government And Parliament To Restore Data Storage Laws

Romania's highest defense body CSAT decided Tuesday the Government or parliament must intervene to create the appropriate legislative framework requiring telecom operators to to store identi...

Oana Gavrila · 30.09.2014 · 19:19 · 1 min
Ponta Assures Biden Romania Will Boost Defense Budget To 2% Of GDP By 2016
Social/Politics

Ponta Assures Biden Romania Will Boost Defense Budget To 2% Of GDP By 2016

Prime Minister Victor Ponta has assured United States vice-president Joe Biden that Romania will allocate 2% of the gross domestic product “by 2016" to its defense sector.

Ecaterina Craciun · 21.05.2014 · 15:48 · 1 min
Romanian Government Writes Off Debts Of 15 Arms Companies, Citing Geopolitical Context
Social/Politics · EXCLUSIVE

Romanian Government Writes Off Debts Of 15 Arms Companies, Citing Geopolitical Context

The Romanian Government has decided to write off tax debts owed by 15 companies in the defense industry that manufacture or sell weapons, ammunition and military equipment, citing the curren...

Oana Gavrila · 13.05.2014 · 17:14 · 1 min
Turmoil In The Region Could Boost Romania’s Military Spending
Social/Politics

Turmoil In The Region Could Boost Romania’s Military Spending

The implications of the turmoil 450 kilometers away from Romania’s borders are showing in the economy for the first time.

Loredana Frățilă-Cristescu · 28.04.2014 · 00:00 · 4 min
Government Expected To Present Program Restoring Army’s Fighting Capacity
Social/Politics

Government Expected To Present Program Restoring Army’s Fighting Capacity

Romania’s Army has limited capacity to accomplish its missions and the Government ought to come up with a multi-annual program to restore its fighting capacity, the country’s high defense co...

Ecaterina Craciun · 27.09.2012 · 16:46 · 1 min
EU Warns Romania, Bulgaria, Czechs Over Defense Procurement
Social/Politics

EU Warns Romania, Bulgaria, Czechs Over Defense Procurement

The European Commission has sent letters to Romania, Bulgaria and the Czech Republic to highlight EU laws concerning procurement, over concerns that they might conclude major defense deals t...

Oana Gavrila · 03.09.2012 · 13:20 · 1 min
Social/Politics

Romania Kept On "Guarded" Terror Alert Level, Following Suicide Attack In Bulgaria

Romania’s Supreme Defense Council on Thursday decided to keep the terror alert level at “guarded” (or blue), following a suicide bomber attack that occurred Wednesday on a Bulgarian airport.

Ioana Tudor · 19.07.2012 · 20:00 · 1 min
Romania Reduces Armed Forces To Participate In Missions Abroad In 2013 To 3,390 Troops
Social/Politics

Romania Reduces Armed Forces To Participate In Missions Abroad In 2013 To 3,390 Troops

Romania’s High Defense Council (CSAT) decided 3,390 Defense Ministry troops will participate in military missions abroad next year, down 246 compared with 2012, the Presidency said in a pres...

Ioana Tudor · 26.06.2012 · 09:19 · 1 min