Upon the request of the minister of foreign affairs, the charge d'affaires of the Russian Embassy to Bucharest was summoned today, Thursday, July 25, 2024 at the Ministry of Foreign Affairs, following the identification in Tulcea county of fragments from drones used by the Russian army in attacks on Ukrainian ports, a press release of the Foreign Ministry reads. The Foreign Ministry representative conveyed the firm protest of Romanian authorities and condemned the repeated attacks of the Russian forces on Ukrainian civil infrastructure, and requested their immediate cessation. He reminded that targeting civilian objectives represents war crimes. He also pointed out the irresponsible character of the military hits, in the immediate proximity of Romania's border, which endanger national security. On a broader plane, he pointed out the exclusive responsibility of the Russian Federation, as a result of the aggression against Ukraine, for the serious deterioration of security at the Black Sea.
Romanians celebrate Saint Nicholas (Sfântul Nicolae) on December 6, a tradition that has grown far beyond its religious roots and signals the official start of the holiday season. The day is especially beloved by children, who eagerly prepare their freshly polished boots in hopes of finding small gifts in the morning. Many Romanians also celebrate […]
The newest episode of Voices of Romania, Romania Insider’s interview series, is now available on Spotify, YouTube, Apple Podcasts, Deezer, and all...
ASFAT, a wholly state-owned company operating under Türkiye’s Ministry of National Defence (MoND), has signed an agreement for the delivery of the light corvette Akhisar to the Romanian Naval Forces. This transaction represents a milestone for Türkiye’s defence industry, as it is the first international sale of a combat ship built in Türkiye to a […]
Wind projects with a total capacity of almost 316 MW have been declared winners in the third auction under the Contracts for Difference (CfD) scheme, above the minimum threshold set by the Ministry of Energy, according to sources quoted by Economica.net. The third auction was organised because of insufficient projects approved under...
Fitch Ratings has affirmed the long-term Issuer Default Rating (IDR) of Romania-based, state-owned bank CEC Bank at BB/stable, its Viability Rating (VR) at bb, and Government Support Rating (GSR) at b, based on the bank's moderate, albeit strengthening, business profile, adequate capitalisation, and reasonable funding and liquidity. This puts the Romanian bank's rating two notches […]
Romania's Ministry of Transport blocked a key procedural step required for the listing of Bucharest Airports Company on the Stock Exchange (BVB) after opposing an item on the shareholders' agenda concerning the resumption of the auditor selection process. The vote took place at the end of November, following a request by Fondul Proprietatea, which holds […]
