A Turkish-flagged cargo ship sailing on Thursday in the Black Sea towards the Ukrainian port of Ismail escaped undamaged by an explosion that went off in its vicinity, while cruising off the Romanian coast, possibly caused by a mine, the Turkish maritime authority and the ship's captain told Reuters on Friday."An explosion occurred 15-20 meters behind the ship Kafkametler, en route to Izmail port from Batumi port while it was cruising off the coast of Romania/Sulina (port)," the authority said.The checks carried out found no damage, so that the vessel continued its journey.Other sources in the maritime transport sector told Reuters on Thursday that the ship hit a sea mine, sustaining minor damage, but that the crew was safe.According to the ship's operator, the Istanbul-based Kafkametler Maritime, the vessel is moving slower because of ship congestion in the Danube channel.The vessel's captain said separately in a statement that while the cause of the blast was not clear, it appeared to have been triggered by a bottom mine in the Black Sea.
The gross income of employees who worked full-time under a labour contract and were paid for the entire month of October 2024 was RON 8,374, more than a quarter above the basic gross salary of RON 6,553, according to data from the National Institute of Statistics (INS) published on Friday.Around 40% of these employees earned […]
Over 31,600 building permits for residential properties were issued in the first ten months of this year, up 4.1% compared with the same period last year, according to data from the National Institute of Statistics (INS) published on Friday.Increases were recorded in all development regions: West (+297 permits), Centre (+235), North-West (+192), North-East (+134), South-East […]
VAT revenues increased in the third quarter of this year by 6.74 billion lei compared to the same period last year, totaling 35.48 billion RON, out of a total of 94.75 billion RON for the first nine months of 2025, according to data transmitted on Monday by the Ministry of Finance.Of the amount of 6.74 […]
Banca Comerciala Romana (BCR) listed on Friday a new bond issue on the Regulated Market of the Bucharest Stock Exchange (BVB), worth 1.12 billion RON, the BVB said in a release.This is the 11th bond issue listed by BCR on the Stock Exchange to date, bringing the total value of BCR's listed bonds close to […]
Romania's insurance sector is strengthening its performance against the backdrop of a dynamic market undergoing significant structural transformation, according to a new study on developments in the insurance markets of Central and Eastern Europe, conducted by a consultancy firm in partnership with a research provider."Romania stands out as one of the most dynamic insurance […]
The minimum turnover tax is a barrier to investment, and in a period when the private sector is undergoing restructuring and layoffs, it adds additional pressure on companies, according to a letter signed by 14 investor organizations that once again request the elimination of the minimum tax."In view of the discussions on the construction […]
