The Regina Maria Frigate (F222) is taking part in a range of extensive exercises and training in the Black Sea over Dec. 5-16 alongside military ships belonging to the navy of Turkey, Ukraine and the United States. According to a release sent by the Romanian Naval Forces' General Staff on Thursday, the training held this week was also attended by a Puma Naval helicopter boarded on the frigate, which carried out training for landing on maritime oil platforms and specific training drills with the military of the Task Force Detachment of the Naval Forces. The sea drills are part of a NATO package of measures aimed to boost the confidence among the allies and strengthen security in the Black Sea and they are included in the main activity Plan of the Romanian Navy for 2015 aimed at maintaining a high level of the Romanian naval forces' training. The exercises, in which the United States' Navy participates the USS Ross destroyer, are being carried out as the security situation in the Black Sea calls for increasing the interoperability between the Romanian Naval Forces and the partner naval forces, which is the main element for fulfilling the objectives of the Plan of Increasing the Operating Capability of the Alliance adopted at NATO 2014 Summit in Wales. "The Romanian Naval Forces' military, by the carried out missions, make an active contribution to the implementation of the security policy of Romania and the fulfilment of the commitments made by Romania as part of the national and international security system", the release said. The Type-22 Regina Maria, with the board number F222 is taking part in exercises of combat against multiple threats, exercises of imposing maritime embargo and surveillance of the sea traffic.
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 […]
