Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Romania’s air defence company Romaero enters insolvency

Romania’s air defence company Romaero enters insolvency

January 18, 2024

Romania’s state-controlled supplier of services in the air defence industry, Romaero, entered insolvency at its request after a court ruled in December that it should pay EUR 17 million in compensations for failure to upgrade a Boeing 737-200 to one of its customers. At stake are Romaero’s plots of land located in the northern outskirts of Bucharest.

Last summer, the company missed the chance to become a maintenance, repair and overhaul (MRO) centre for Black Hawk helicopters produced...

The text of this article has been partially taken from the publication:
https://www.romania-insider.com/romania-romaero-insolvency-january-2024
Read in full - click here
#WeAreBSB: How the British School of Bucharest is shaping a kinder, sustainable future

At the British School of Bucharest (BSB), community engagement isn't an afterthought — it’s the heartbeat of school life. Guided by the spirit of #WeAreBSB, the school embraces four core mottos that shape everything from classroom discussions to student-led initiatives: #CONCERN for others, by being kind to the community #CONCERN for our planet, by being […]

Individuals who claimed influence over officials at the Romanian Consulate in Odessa wanted in Moldova

Two individuals who received sums of money claiming to facilitate the acquisition of Romanian citizenship were convicted in absentia on Monday, August 11, in Chișinău for influence peddling and are wanted by Moldovan authorities. The two told citizens of the Russian Federation that they had influence over officials at the Romanian Consulate in Odesa and […]

Germany deploys Eurofighters to Romania for eight-month NATO air policing mission

The German Air Force officially assumed its role in NATO’s Enhanced Air Policing South (eAPS) mission in Romania on August 13, during a certification ceremony held at Mihail Kogălniceanu Air Base near the city of Constanța. The event was attended by representatives from the Romanian Air Force, NATO's Allied Air Command (AIRCOM), and the German […]

ISSA Resort opens in Turda. A flagship hospitality project in Romania, just minutes away from Turda Salt Mine

Just minutes away from Turda Salt Mine, ISSA Resort officially opened its doors yesterday, August 11, 2025, marking a milestone as one of Romania’s flagship hospitality projects. This five-star retreat is an integral part of the 70-hectar ISSA Estate, where guests can indulge in exceptional equestrian, wine, culinary, sports, and leisure experiences. The estate encompasses […]

Southeastern Romania: EUR 4 mln worth of smuggled cigarettes seized in major Constanța Port bust

Romanian border police and customs officials have seized over EUR 4 million worth of smuggled cigarettes hidden inside a shipping container at Constanța South Agigea Port. The bust, which uncovered more than 15 million undeclared cigarettes, is one of the largest recorded this year. The container, which arrived from the United Arab Emirates and was […]

Smoking ban enforced in Cluj-Napoca’s parks, bus stops and sports facilities

Smokers in Cluj-Napoca will now have fewer public spaces to light up as a new municipal regulation officially bans smoking in all public transport stations, city parks, and sports facilities owned by the municipality. The measure, which came into effect on Wednesday, August 13, applies not only to traditional cigarettes but also to heated tobacco […]