Fragments of a drone of Russian origin were detected on Monday by the specialists in the proximity of the locality of Periprava, says the Ministry of National Defence (MApN).'Teams from MApN, in cooperation with the specialists from the Romanian Intelligence Service of the Ministry of Domestic Affairs searched the proximity of the locality of Periprava, Tulcea county where they collected fragments of a drone of Russian origin, so that they could analysed according to the legal procedures', says the quoted source. Forces in the MApN executed on Sunday actions of search of possible fragments of drone fallen following the attacks made by the Russian forces on some civilian objectives and port infrastructure in Ukraine, in the proximity of the Romanian border. The Romanian minister shows that during the following period there will be executed search actions in the proximity of Caraorman, where another possible area of impact was announced. Both the area under investigation in the proximity of Periprava and the possible impact zone in the proximity of Caraorman are in swampy areas, outside the localities, with no infrastructure elements affected, states the MApN.
The Romanian government approved on March 6 an Emergency Ordinance allocating an additional RON 1.19 billion (EUR 240 million) for the completion of projects to expand, modernize, and convert natural gas transmission and distribution networks. This measure will allow over 44,000 households across the country to have access to natural gas, thus reducing dependence on […]
Romania's hotel market is experiencing a period of accelerated growth, reaching a record of more than 25 million overnight stays in 2024, the highest level in more than 30 years, driven by a rising number of foreign tourists and strong demand for modern hotels, according to Colliers' annual report. Romania's international visibility is increasing, and […]
In an economic update report, ING Romania said it expects 1.6% economic growth this year under the baseline scenario, however noting that "geopolitical risks cloud the outlook." "With the May elections approaching, the evolving political landscape may influence the country's direction. The decisions made in the coming months will be pivotal, steering Romania's trajectory for […]
Retail sales volume in Romania increased by 4.1% y/y in January, half the 8.6% y/y advance in 2024 and the 9.2% y/y in Q4 2024, according to data published by the statistics office INS. In seasonally and workday-adjusted terms, the retail sales inched up by 0.1% m/m. The slowdown was visible in both food and non-food […]
Billionaire Elon Musk has questioned the role of the European Court of Human Rights (ECHR) after the court declared as inadmissible the case brought by Călin Georgescu, a former ultranationalist presidential candidate, regarding the annulment of Romania's 2024 presidential election. Reacting on X, Musk shared a post from conservative...
The forecasts made by managers in the second half of 2024, as expressed in the CONFIDEX study, were more pessimistic than the actual economic reality of Romania. The onset of the year, however, marked by surprising events, international geo-political tensions, and the unpredictability of the upcoming presidential elections in Romania, may heighten the caution levels […]
