Romania condemns the violation of Estonian airspace by three Russian fighter jets, Romanian Foreign Minister Oana Toiu said on Friday in a social media post, adding that this is one more reason for the adoption of a new package of sanctions against Russia."This action is irresponsible. It is what happens when an aggressor feels the cost of its war and attempts to escalate in order to avoid this cost by any means possible," added the head of the Romanian diplomacy.In addition, she said, all the more reason to adopt and apply the 19th package of sanctions."As an EU member state and NATO ally and as country confronted with such Russian provocations, Romania expresses full solidarity with Estonia," Toiu also wrote.On Friday morning, three Russian fighter jets and MIG-31s violated Estonian airspace, where they flew for about 12 minutes in the area of Vaindloo Island, while F-35 aircraft from the NATO air policing mission deployed in this Baltic country "responded to the incident" according to the Estonian authoritiesquoted by the Reuters and EFE news agencies."Three Russian MiG-31 aircraft entered Estonian airspace in the area of Vaindloo Island unauthorised, remaining in Estonian airspace for about 12 minutes," according to a statement from the Estonian Ministry of Defence. Minister of Defense Ionut Mosteanu also condemns the violation of Estonian airspace by Russian military aircraft, stating that Romania stands in full solidarity with Estonia.''I strongly condemn the violation of Estonian airspace by Russian military aircraft. This is yet another act of provocation and intimidation by the Russian Federation aimed at destabilizing NATO's Eastern flank and testing our unity. Romania stands in full solidarity with Estonia. Together with our Allies, we will continue to strengthen the defense of the Eastern flank and make it clear that every inch of NATO airspace is protected. Russia must understand that such provocations will not go unanswered,'' he wrote on X.On Friday, three Russian MIG-31 fighter jets violated Estonian airspace, flying for about 12 minutes near the island of Vaindloo, while F-35 jets from the NATO air policing mission in the Baltic country "responded to the incident," according to Estonian authorities, Reuters and EFE reported.
Vaunt, a Romanian real estate technology platform, is expanding into the United States after surpassing 80 clients and a transaction portfolio of nearly EUR 860 million. The expansion targets New York and Miami specifically. “Vaunt is a platform that helps real estate developers manage the sales process from the moment they receive the building permit until […]
IVF clinic Embryos, majority-owned by investment firm Integral Capital Group, has acquired the Oradea-based Calla Infertility Diagnostic and Treatment Center. The move is part of the development strategy of the network Embryos, which started in 2025 with the opening of a clinic in Buzău and the acquisition of Adella Clinic in Sofia, Bulgaria. The turnover […]
Romania has 56 companies included in the 17th edition of the Coface CEE Top 500 ranking, which shows how the largest companies in the region are navigating the current business landscape. The country climbed two positions from last year but remains underrepresented. The companies are ranked by turnover, analyzing additional indicators such as workforce size, business […]
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
