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Mars: "From a macroeconomic point of view, the defense effort has no fixed optimal limit, expressed as a percentage of GDP. It all depends on the threats a nation faces and its size. NATO recommends a target of 2% of GDP for defense spending, however, during the Cold War, this value was at least 3%".

Mars analysis: "European states must invest massively in the defense industry"

European states living under the threat of the Russian Federation must invest massively in the production capacities of the national defense industry, says an analysis by the think-tank Mars (formerly the 2 March Foundation - 2-Mars) published in...

Nicu Fălcoi stated: "Over time, the defense industry in Romania has been deeply politicized. People who were not only businessmen were put in charge of the companies subordinated to Romarm, who did not know how to bring such a company to profit. That's why most of the state companies in the defense industry are losing money, the Minister of Economy, Radu Oprea, came up with a strategy regarding this field, but it's a statement of good intentions and that's about it".

Nicu Fălcoi: "The only solution is the privatization of state companies in the defense industry"

The only solution is the privatization of the state companies in the defense industry subordinated to Romarm, if we want this sector of economic activity to modernize and become a competitive one, deputy Nicu Fălcoi (USR), vice-president of the...

New financial instruments for financing military expenditure

In the context of the increase in defense spending at the European level and the need to quickly equip the Romanian armed forces with the latest equipment and technology, compatible with those of NATO allies, in order to ensure the stability of...

NATO increases military support to Ukraine, Zelensky wants more

The representatives of the 32 NATO member states approved yesterday a substantial package of military support for Ukraine, a package that provides, among other things, the sending of 5 Patriot systems, a SAMP-T system, dozens of tactical air...

For American investors in our country, the major problem is the lack of fiscal predictability

The lack of fiscal predictability is an acute problem for American investors in our country, the representatives of the American Chamber of Commerce in Romania (AmCham) stated yesterday, during the press conference in which they presented the...

The German concern Rheinmetall wants to expand its production from Mediaş

Reporter: I'll start with an awkward question. What prompted the people from Rheinmetall to return to Romania, after the failure of the joint venture they had with Uzina Automecanica Moreni? What attracted Rheinmetall representatives...

President Klaus Iohannis (left) had, on Tuesday evening, a meeting at the White House with American leader Joe Biden.

Iohannis' candidacy for the headship of NATO failed in Washington

Klaus Iohannis was woken up to reality by American President Joe Biden, who did not give him any sign of US support for the candidacy for the position of NATO Secretary General, rather he would have asked him to think about supporting Ukraine by...

Social convulsions, deficit over 2% of GDP, decision in the Roşia Montana case, air and maritime Schengen

Social convulsions have been a constant in the first three months of the current year, with a peak in January, when almost half of the country's major cities were blocked by farmers' and transporters' protests, which lasted for three...

In a post on the official pages on the X and Telegram networks, Maria Zakharova writes: "For the first time, a representative of the Western regimes spoke so openly about the essence of what is happening. It is not a matter of "love for Ukrainians ", which the Westerners practically destroyed and because of the desire of the United States to maintain its hegemony, to maintain its fading role in world affairs. There is no trace of creativity left in the American approach to international relations . The liberal-democrats only know how to destroy, believing that this ability is a guarantee of domination. And the task of the European Union at the current stage is to provide as aid to Ukraine cartridges purchased with the money of its own citizens, whose opinion no one asked them (Photo source: https://mid.ru/)

Russia, dissatisfied with the European application of armaments to Ukraine

The way in which Brussels officials seek to create all kinds of legislative artifices aimed at allowing derogations from the Treaty on the Functioning of the Union, in order to allow the allocation of funds for common European armament purposes...

Ciolacu buries Dăncilă's corvettes: the Naval Forces remain without battleships

In yesterday's meeting, the Ciolacu government repealed HG 48/2018 regarding the multifunctional corvette program through which the Romanian Naval Forces should have been endowed with four marine corvettes and through which the maintenance of...

Financial February: Ciolacu throws the Roşia Montană "firecracker" into the public space

Traditionally, the second month of the year should be marked by the beginning of the first parliamentary session and less by the visibility of the work carried out by the government, but the electoral year 2024 seems out of the ordinary, in view...

SIPRI: The war in Ukraine doubled the import of weapons to Europe

The war in Ukraine doubled the import of weapons in Europe, according to the report published yesterday by the Stockholm International Peace Research Institute (SIPRI), which shows that in the period 2019-2023 the import of military equipment and...

Calendar of sanctions imposed on Russia

• February 23, 2022

Ursula von der Leyen (Photo: facebook / European Commission)

Ursula von der Leyen wants to be reinstated as president of the European Commission

Ursula von der Leyen wants a new mandate as president of the European Commission, according to the statement made yesterday by her lordship during the press conference held alongside Friedrich Merz, the president of the CDU (Christian Democratic...

Jens Stoltenberg: "If Putin wins in Ukraine, it would be a message for President Xi and what happens today in Ukraine can happen tomorrow in Taiwan"

If Vladimir Putin wins the war in Ukraine, it will be a positive message for Chinese President Xi Jinping regarding the actions that the authorities in Beijing are considering for the invasion of Taiwan, Jens Stoltenberg said yesterday in...

The war industry: Unfair competition between state-owned companies and private operators

Reporter: What is the situation of the defense industry in our country?

MApN: România cumpără 200 de rachete Patriot

Ministerul Apărării Naţionale (MApN) va achiziţiona 200 de rachete pentru sistemele PATRIOT, costul fiind de peste un miliard de euro, demersul făcând parte dintr-un contract aliat, relatează Agerpres.

Parlamentul a aprobat achiziţia a 200 rachete Patriot

Comisiile de Apărare din cadrul Parlamentului au aprobat cu unanimitate de voturi solicitarea trimisă de Ministerul Apărării Naţionale privind achiziţia a 200 de rachete Patriot, pentru care ţara noastră va plăti aproximativ 1,08 miliarde euro,...

Parliament approved the purchase of 200 Patriot missiles

The Defense Committees of the Parliament unanimously approved the request sent by the Ministry of National Defense regarding the purchase of 200 Patriot missiles, for which our country will pay approximately 1.08 billion euros, excluding VAT. It...

Romania - logistic hub for the reconstruction of Ukraine

Foreign investments, ensuring a transparent and efficient flow of financial capital and increasing human capital are essential for the reconstruction of Ukraine, argued the participants of the first day of the international conference...

MApN cumpără 200 de rachete Patriot

Ministerul Apărării Naţionale doreşte să achiziţioneze 200 de rachete Patriot, pentru aproximativ 1,08 miliarde euro, fără TVA, în scopul consolidării capabilităţii de apărare aeriană cu baza la sol aferentă programului de înzestrare esenţial...

MApN buys 200 Patriot missiles

The Ministry of National Defense wants to acquire 200 Patriot missiles, for approximately 1.08 billion euros, excluding VAT, in order to strengthen the air defense capability with the ground base related to the essential endowment program...

The European Commission will adopt a European defense industrial strategy (EDIS), which will aim to increase defense cooperation and make the industry more flexible.

The European Commission wants a single market in defence

The European Commission wants to create a single market in the field of defense, which will include establishing and securing the supply chains of the defense industry at the level of the EU bloc, mapping, monitoring, prioritizing orders, as well...

FINANCIAL NOVEMBERThe return to the cash ceiling of 5,000 lei

The main concern of the Government in the last month of autumn was to correct the errors crept into law 296/2023 through which fiscal changes were made, a normative act that passed the Parliament through the assumption of responsibility by the...

Army Day, anonymously

The celebration of the Day of the Romanian Army took place yesterday, almost in anonymity, if we take into account the few events organized to mark the day of October 25 and the simple setting in which they took place. For example, in the...

Sursa foto: facebook / Parlamentul European

Regulamentul privind achiziţii militare comune de un miliard de euro, pe masa Parlamentului European

Deputaţii europeni urmează să adopte astăzi Regulamentul privind consolidarea industriei europene de apărare prin achiziţiile comune, document care a fost dezbătut ieri în Parlamentul European, noul instrument financiar beneficiind de un buget de...

Photo source: facebook / European Parliament

The regulation on joint military procurement of one billion euros, on the table of the European Parliament

The European deputies are to adopt today the Regulation on the consolidation of the European defense industry through joint procurement, a document that was debated yesterday in the European Parliament, the new financial instrument benefiting...

Special pensions, pending reform

The parliamentary session that started yesterday promises to be a busy one for the Senate and the Chamber of Deputies, due to the legislative reforms that must be adopted in order to receive the funding allocated through the National Recovery and...

FISCAL AMNESTY OR SUPPORTING PRODUCTION? Romanian companies, on the edge of insolvency

The coronavirus has changed the direction of the world

Prior to the pandemic, one of the main concerns of the entire world was the military. According to a report by the Stockholm International Peace Research Institute (SIPRI), last year, the biggest amount ever was spent globally, respectively 1.9...

WE HAVE SCHEDULED DEFENSE SPENDING OF 9.3 BILLION EUROSArmament procurement offers benefits that the Government is refusing

After many years of the army getting ignored and budget allocations that seemed more like jokes, it took the White House demanding the splitting of the military bill, for the Romanian political decision makers to accept that the army needs...

Mr. Dinu Solojan is an administrator and associate of Transcarpat Sportours International. Over time, the company owned by Mr. Solojan won several contracts with the armed institutions of the Romanian state. He is considered an expert in the armament industry. Transcarpat Sportours International was created in 2003 and, together with Dinu Solojan, it also has Emanuela Nicoleta Solojan and Bogdan Diaconu as associates.

EXPLOSIVE INTERVIEW: DINU SOLOJAN MAKING SERIOUS ACCUSATIONS AGAINST THE ROMANIAN INTELLIGENCE SERVICES:"The illegalities of the SRI seem to be bigger than those of the SIE"

Reporter: In February 2015, you sent a petition to the Commission for the Investigation of Abuse, Fighting Corruption and Petitions of the Romanian Senate and Chamber of Deputies in which you reported "the superficial and disinterested...

THE MINISTRY OF NATIONAL DEFENSE ANSWERS ION STAN:"Electromecanica" lost out the contract to reconfigure the HAWK missiles to the UTI group

• In the summer, Chamber of Deputies member Ion Stan said that the Ministry of Defense launched a call for tenders "with a < < dedicated > > tender book, so that UTI would be the only bidder to upgrade HAWK missiles to the C3 level