The Ministry of National Defence (MApN) informs that seven soldiers lost their lives in a plane crash in Constanta County in which an IAR 330-Puma helicopter was involved.According to MApN, in addition to the five crew members initially communicated, two Romanian Navy rescuers had also boarded the aircraft.The IAR 330-Puma military helicopter of the 57th Mihail Kogalniceanu Air Base had taken off urgently on a search and rescue mission to rescue the pilot of a MiG 21 LanceR aircraft. The helicopter lost its radio connection with the base around 20:44hrs and crashed in the area of Gura Dobrogei, Constanta County, approximately 11 km from the airfied.Captain Costinel Iosif Nita, the pilot of the MiG-21 LanceR plane that crashed on Wednesday in the Constanta County, lost his life, the Ministry of National Defence reported. The pilot was 31 years old, married and had no children. Since 2014, he had been a pilot in the 861st Combat Aviation Squadron of the 86th Air Base in Borcea.He had accumulated over 570 flight hours, of which approximately 420 on the LanceR MiG-21. On Wednesday evening, a MiG-21 LanceR aircraft from the 86th Air Base, carrying out a patrol mission over Dobrogea region, lost its radio connection with the control tower, and at 8:03 pm, it disappeared from the radar, in an area somewhere between Cogealac and Gura Dobrogei localities. Search-and-rescue operations were launched as a matter of urgency, and a Puma IAR-330 helicopter took off to the area of the possible impact.A commission of the General Staff of the Air Force and of the Military Prosecutor's Office attached to the Constanta Military Court continues the investigation into the circumstances that led to the crash.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
