The Ministry of National Defense (MApN) informs that on Saturday, around 2:30 a.m., the Romanian Army's radar surveillance system indicated a small air target in an area off the Black Sea, about 45 kilometers east of Sfantu Gheorghe, Tulcea County."Due to the fact that the detected target was heading towards Romania's state border, the structures of the NATO-led enhanced Air Policing Combat Service and, later, the Air Policing under national command were activated, according to procedures. Thus, to monitor the situation, two F-18 aircraft of the Spanish Air Force took off successively from Mihail Kogalniceanu Air Base 57, and two F-16 aircraft of the Romanian Air Force from Borcea Air Base 86," reads a MApN press release.According to the same source, the radar signal indicated the crossing of Romania's land border at around 4.00 am, in the Gura Portitei area. At that moment, the National Military Command Center notified the General Inspectorate for Emergency Situations regarding the introduction of measures to alert the population in the northeastern area of Constanta County.The air surveillance radars constantly followed the target's route, which was headed towards Cogealac in Constanta County, with a maximum penetration depth of 19 kilometers. The combat aircraft did not have visual contact with the target at any point on the evolution route.The surveillance system lost the radar signal south of Cogealac, around 4:30 a.m.."The cessation of the air alert was transmitted at around 5:10 a.m., and the combat aircraft returned to their deployment bases. From the data available at this time, it was not indicated the probability of the existence of an impact zone on the national territory. The forces of the Ministry of National Defence will carry out, starting this morning, searches in the area," the press release further mentions.MApN said that it has informed in real time the allied structures about the situation, remaining in permanent contact with them.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
