Romania condemns the repeated violations of its airspace by Russia, in the context of the war near the border, Foreign Minister Emil Hurezeanu said on Monday.He sent a video message to the meeting of the OSCE Permanent Council in consolidated format, convened by Finland, the OSCE Chairmanship-in-Office (CIO), to mark three years since the start of Russia's war of aggression against Ukraine."The humanitarian situation in Ukraine has gradually deteriorated. The continuous and deliberate attacks on civilians and civilian infrastructure, especially critical infrastructure of the Russian Federation, including on the ports on the Danube, close to the Ukrainian border with Romania, are horrific war crimes and must stop immediately. In this context, we condemn the repeated violations of Romania's airspace. Nobody wanted this war, only the Russian leaders. Russia has launched a war of aggression against Ukraine, a sovereign, free and independent state that has the intrinsic right to self-determination in terms of its foreign policy and its own security, in accordance with international law," the head of Romanian diplomacy stated.Minister Hurezeanu condemned the illegal aggression against Ukraine, reiterating his call on the Russian Federation to immediately and unconditionally end the war and to withdraw its military forces and equipment from the entire territory of Ukraine, within its internationally recognized borders. He pleaded for a just and equitable peace, through negotiations with Ukraine."Romania joins all efforts of the international community to this end, including in the OSCE," he said.Hurezeanu reiterated his condemnation in the strongest terms of the atrocities committed by the Russian armed forces in Ukraine and stressed the need to hold accountable those guilty of violations of international law, some of which are considered war crimes and crimes against humanity.
Vlad Micu has been appointed general manager and chairman of the Board of Directors of INNO Investments, a company of the Banca Transilvania Group specializing in the management of alternative investment funds. In his almost 30 years of experience, he has held various management positions in corporate banking, investment banking, trade finance, and business development […]
Measured in local currency, the wealth of citizens in Hungary increased the most in Europe last year, followed by Lithuania and Sweden. In Romania, the median wealth increased by 9.1%, but the long-term average wealth trend decreased, according to a recent report by the multinational investment bank UBS, cited by Euronews. Net wealth per citizen […]
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The INVL Renewable Energy Fund I, managed by INVL Asset Management, signed a EUR 29.3 million loan agreement with Kommunalkredit Austria AG (Kommunalkredit). The loan will be used to finance the construction of solar power plants with 71 megawatts (MW) of capacity in Romania. This is the second loan by Kommunalkredit to the fund. In […]
Romania’s Orșova Shipyard (BVB: SNO) has concluded five external contracts for the construction of five river vessels, with the total value of the contracts amounting to EUR 22.2 million, according to a report submitted to the Bucharest Stock Exchange. The contracts are commercial in nature and have an intra-community delivery, but the buyer cannot be […]
Four people died on Monday, July 28, following a naval incident in the Musura Gulf area, Sulina Branch, where a boat capsized, according to information provided by the Tulcea County Emergency Situations Inspectorate. Among the deceased is also a child. Of the 14 people who were reportedly on the boat that capsized, 10 are being […]
