The Romanian Naval Forces were notified, on May 11, regarding the existence of an air wreckage (drone) that was drifting in Romania's territorial waters, in an area located between Sulina and Sfantu Gheorghe (southeast), about two nautical miles from shore.The wreckage of the drone was recovered by a ship of the Naval Forces, being later taken over by the Romanian Air Force for the carrying out of legal procedures for identifying the wreckage and investigating the circumstances in which it arrived in Romanian territorial waters, informs a press release of the Ministry of National Defense (MApN) sent on Monday.According to the cited source, the first data showed that the wreckage, which bears the insignia of the Ukrainian Naval Forces, did not have weapons and ammunition on board.As a result of the air traffic data from the Black Sea region, the aircraft crashed into Ukrainian airspace, most likely during the actions of May 7 and 8. The wreckage was later carried by currents to the territorial waters of Romania, where it was spotted on May 11, the Ministry of National Defense states.Legal procedures for notifying the Ukrainian authorities of this situation are underway.
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 […]
