The government in Bucharest has adopted two draft laws to regulate the modalities of intervention in peacetime, in the case of foreign drones entering the country’s airspace. The two initiatives were launched one year and three months after the first such incident, when pieces of a Russian drone from the war in Ukraine fell on national territory, in Tulcea County, at Plauru. More similar incidents occurred since then. In order to enter into force, the initiatives must be debated and voted on by Parliament, and then promulgated by the president. The first draft establishes which institutions will take decisions to prevent or counteract entries into national airspace by aircraft, drones and other aerial vehicles. The government spokesperson explained: “unmanned aerial vehicles will benefit from the attention and rigors that are currently provided for aircraft with a pilot on board from a civilian perspective, but also from a military perspective”. The second draft refers to “the carrying out of missions and operations on the territory of the Romanian state, in order to take the necessary measures to protect the life, health, property, rights and freedoms of Romanian citizens”. It refers to the actions that can be taken in the event of drones entering the airspace, without the need to impose a state of emergency on the territory of Romania. Among the reaction measures may be taking control of their flight, neutralization – by disabling the command and control functions, or destruction – the latter being applied as a last resort. “The measures are ordered in relation to the level of the threat, within the limits of applicable international law, after taking into account all the specific circumstances of the event and taking into account the priority of protecting the lives of individuals”, the draft law says.
Vaunt, a Romanian real estate technology platform, is expanding into the United States after surpassing 80 clients and a transaction portfolio of nearly EUR 860 million. The expansion targets New York and Miami specifically. “Vaunt is a platform that helps real estate developers manage the sales process from the moment they receive the building permit until […]
IVF clinic Embryos, majority-owned by investment firm Integral Capital Group, has acquired the Oradea-based Calla Infertility Diagnostic and Treatment Center. The move is part of the development strategy of the network Embryos, which started in 2025 with the opening of a clinic in Buzău and the acquisition of Adella Clinic in Sofia, Bulgaria. The turnover […]
Romania has 56 companies included in the 17th edition of the Coface CEE Top 500 ranking, which shows how the largest companies in the region are navigating the current business landscape. The country climbed two positions from last year but remains underrepresented. The companies are ranked by turnover, analyzing additional indicators such as workforce size, business […]
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
