Romania is taking over the command of the Mine Countermeasures Black Sea Task Group (MCM BS TG) for the next six months, the Naval Staff informs on Monday.The command of the task group, to which the navies of Bulgaria, Romania and Turkey contribute, is being taken over from the Bulgarian partners, in accordance with the Memorandum of Understanding on the establishment of the MCM Black Sea, signed on January 11, 2024, in Istanbul, Turkey."During the mission, two activations of the MCM BS TG will take place, during which the ships of the group will participate in international exercises in the Black Sea. The Romanian Naval Forces will participate with the minelayer and net-laying vessel 'Vice-Admiral Constantin Balescu' - 274, which will be the commanding ship of the naval group, and with the minehunter 'Sub-Lieutenant Ion Ghiculescu' - M-270, and the Bulgarian and Turkish Naval Forces will each contribute with a ship with capabilities to combat sea mines," according to the press release sent by the Naval Staff.The main mission of the MCM Black Sea TG is to ensure freedom of navigation in the waters of the Black Sea, through surveillance missions, actions to neutralize possible dangers to maritime traffic, as well as related search and rescue activities at sea.The change of command ceremony of the Mine Countermeasures Black Sea Task Force will be organized by the Romanian Naval Forces on July 9, in the port of Constanta, at the passenger terminal. (Photo: MApN)
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) […]
