The flight activities of the MiG-21 LanceR aircraft from the endowment of the Romanian Air Force were suspended, starting on Friday, by order of the Chief of the Defence Staff, General Daniel Petrescu.According to the Ministry of National Defence, the measure was taken in view of the considerable incidence of aviation events and accidents recorded during the operation of MiG-21 LanceR aircraft, which resulted in several casualties and damaged or destroyed aircraft, in order to improve aviation safety and to prevent aviation activities. Prime Minister Nicolae Ciuca declared in eastern Buzau, on Friday, that the decision to suspend the flights of MiG-21 LanceR aircraft, which are equipped with the Romanian Air Force, is temporary, the measure being taken in order to carry out technical analysis for safety."I understood that this is about a temporary suspension, that does not mean giving up the capability. This is about an analysis that began long time ago and we want to finish all technical factors in order to be sure that we will not have any more incidents of the type that happened not long ago. In this sense we need to take into account that the MiG-21 aircraft have been standard issuef for the Romanian Air Force for over 50 years. We need to truly make an analysis and an evaluation of all technical parameters of these aircraft, so that we can be sure that they can safely fly," Nicolae Ciuca declared during a visit in the county of Buzau.
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 […]
