The Regina Maria Frigate (F222) is taking part in a range of extensive exercises and training in the Black Sea over Dec. 5-16 alongside military ships belonging to the navy of Turkey, Ukraine and the United States. According to a release sent by the Romanian Naval Forces' General Staff on Thursday, the training held this week was also attended by a Puma Naval helicopter boarded on the frigate, which carried out training for landing on maritime oil platforms and specific training drills with the military of the Task Force Detachment of the Naval Forces. The sea drills are part of a NATO package of measures aimed to boost the confidence among the allies and strengthen security in the Black Sea and they are included in the main activity Plan of the Romanian Navy for 2015 aimed at maintaining a high level of the Romanian naval forces' training. The exercises, in which the United States' Navy participates the USS Ross destroyer, are being carried out as the security situation in the Black Sea calls for increasing the interoperability between the Romanian Naval Forces and the partner naval forces, which is the main element for fulfilling the objectives of the Plan of Increasing the Operating Capability of the Alliance adopted at NATO 2014 Summit in Wales. "The Romanian Naval Forces' military, by the carried out missions, make an active contribution to the implementation of the security policy of Romania and the fulfilment of the commitments made by Romania as part of the national and international security system", the release said. The Type-22 Regina Maria, with the board number F222 is taking part in exercises of combat against multiple threats, exercises of imposing maritime embargo and surveillance of the sea traffic.
Romanian swimmer David Popovici has won the gold medal in the 200-meter freestyle final at the World Championships in Singapore. The Romanian athlete won with a time of 1:43.53, ahead of American Luke Hobson (1:43.84) and Japanese Tatsuya Murasa (1:44.54). Popovici entered the race with the fourth fastest time in the semifinals. At the 2024 […]
Sociologist Marius Pieleanu, a familiar figure on TV sets in Romania, where he acts as a political analyst and commentator from his role as a professor at SNSPA, was recently accused of sexual abuse by former female students or women who entered his office. Their testimonies are included in an investigation by journalists at Snoop. […]
T2Y Capital, a financial investor specializing in growth capital with a focus on the energy sector and adjacent industries, announced it was investing in Prime Batteries Energy Holding, thus becoming the second-largest shareholder of the Romanian company with headquarters in Bucharest. T2Y Capital will take a seat on the Board of Directors and support Prime […]
More than half of Romanians (58%) are concerned about the country's economic situation, and inflation remains a central concern for one in five respondents to a survey conducted at the European level by Ipsos for ING Group in May-June 2025. The research analyzed the main concerns of Romanians in the context of the current economic […]
Vlad Micu has been appointed general manager and chairman of the Board of Directors of INNO Investments, a company of the Banca Transilvania Group specializing in the management of alternative investment funds. In his almost 30 years of experience, he has held various management positions in corporate banking, investment banking, trade finance, and business development […]
Measured in local currency, the wealth of citizens in Hungary increased the most in Europe last year, followed by Lithuania and Sweden. In Romania, the median wealth increased by 9.1%, but the long-term average wealth trend decreased, according to a recent report by the multinational investment bank UBS, cited by Euronews. Net wealth per citizen […]
