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.
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 […]
