The Romanian government approved two draft laws establishing protocols for handling - and even shooting down - foreign drones entering the country’s airspace during peacetime.
The first bill specifies which institutions will make decisions to prevent or counter unauthorized entries into the national airspace by aircraft, drones, and other aerial vehicles.
"Unmanned aerial vehicles will be subject to the same attention and regulations currently applicable to manned aircraft,...
The Parliament has voted in favor of the new bill permitting the Romanian Army to shoot down drones that fly unauthorized in Romania’s airspace. The legislation now moves to acting president Ilie Bolojan for promulgation. Last week, the Chamber of Deputies approved the law as the first chamber to be consulted, followed by final approval […]
Garanti BBVA has granted a EUR 7.5 million loan to MG Tec Industry SRL, the leading Romanian producer of paper tissues. The financing benefits from a state guarantee issued by Exim Banca Românească, covering up to 75% of the loan value. Garanti BBVA and MG TEC Industry share a commitment to sustainability, with MG Tec […]
One United Properties (BVB: ONE), Romania’s leading green developer of residential,...
Controversial social media influencer Andrew Tate and his brother Tristan, who are being investigated on several charges related to human trafficking and other offenses, left Romania in the early hours of Thursday, February 27, according to media reports. They are reportedly heading to the US by private jet. According to
One United Properties (BVB: ONE), Romania’s leading green developer of residential, mixed-use, and office real estate, recorded a preliminary turnover of 285.5 million euros in 2024, gross profit of 88.6 million euros, while the net profit for the year stood at 76.7 million euros. “Over the past five years, One United Properties has transformed from […]
Garanti BBVA has granted a EUR 7.5 million loan to MG Tec Industry SRL, the leading Romanian producer of paper tissues. The financing benefits from a state guarantee issued by Exim Banca Românească, covering up to 75% of the loan value. Garanti BBVA and MG TEC Industry share a commitment to sustainability, with MG Tec […]
