Romania's foreign ministry summoned the Russian charge d'affaires after the discovery on Romanian soil of new fragments of a drone similar to those used by the Russian military, Romanian media reported on Sunday quoted by Reuters. On Saturday, Romanian authorities found the second set of drone fragments to have crashed in the NATO member state in a week, amid Russian attacks on Ukraine's river ports, just hundreds of metres from the Romanian border. The attacks have increased security risks for NATO whose members have a mutual defence commitment. "...The charge d'affaires of the Embassy of the Russian Federation in Bucharest was urgently summoned on Saturday to the Ministry of Foreign Affairs, at the level of state secretary," the foreign ministry said in a statement. "State Secretary for Strategic Affairs Iulian Fota conveyed the protest of the Romanian side over the violation of Romania's air space following the identification on (our) territory, near the border with Ukraine, of some drone fragments similar to those used by Russian forces in the aggression against Ukraine." On Saturday, President Klaus Iohannis said the discovery of the fragments pointed to an unacceptable breach of Romania's air space. NATO Secretary General Jens Stoltenberg said Russian strikes near the border were "destabilising" even if there was no indication Russia intended to hit Romania, a NATO member state. Since July, when Moscow abandoned a deal that lifted a de facto Russian blockade of Ukraine's Black Sea ports, it has repeatedly struck Ukrainian ports that lie across the Danube River border from Romania. Ukraine is one of the world's biggest grain exporters and the Romanian Black Sea port of Constanta is now Kyiv's largest alternative export route, with grains arriving by road, rail or barge across the Danube.
This article series tells the stories of the 15 finalists selected in the BVB Arena program. BVB Arena is the flagship program of the Bucharest Stock Exchange, dedicated to developing and promoting the Romanian entrepreneurial environment. The program’s goal is to select and promote Romanian companies that have the greatest growth potential and high chances […]
Salt Bank, the first 100% digital Romanian bank built entirely from scratch, has been named by Celent as the 2025 Model Bank for Digital Bank Launch. Celent is one of the world’s most prestigious research and advisory firms focused on technology for financial institutions. By receiving the title of "2025 Model Bank for Digital Bank […]
The 8th edition of the national educational program “Healthy Lifestyle, Diverse Nutrition and an Eco-Responsible Attitude” under the motto “Good for Taste, Good for Health, Good for the Planet!” has concluded. The program was organized by the Taste Celebration Association and funded by the Auchan Foundation with 100,000 euros. The program aims to convey to […]
Romania's budget deficit, meaning the gap between revenues and expenditures, reached 3.39% of GDP after the first five months of the year, while the new government grapples with balancing initiatives. The deficit increased compared to the first four months, when it stood at 2.95% of GDP, and remained roughly stable compared to the first five […]
eLog, a Balkan-based provider of reusable transport packaging systems for the retail sector, has entered the Romanian market by leasing 4,000 sqm of warehouse and office space at CTPark Bucharest North. The facility, developed by CTP, will serve as eLog’s first operational hub in Romania, supporting its expansion into local retail logistics. Specializing in Retail […]
More than three-quarters of Romanians (76%) see Artificial Intelligence as an opportunity for the economy and society, although half of them also acknowledge its risks, according to a new RoCoach and Novel Research study. Overall, over one-third of respondents (35.7%) believe that AI will primarily lead to job losses, even if new types of roles […]
