The North Atlantic Council met this morning at the request of Estonia, under Article 4 of the Washington Treaty, to consult and strongly condemn Russia’s dangerous violation of Estonian airspace on 19 September. The Supreme Allied Commander Europe (SACEUR) briefed the Council on this incident in which three armed Russian MiG-31 aircraft violated Estonian airspace for over ten minutes. NATO's response was quick and decisive. Allied aircraft were scrambled to intercept and escort them from Estonian airspace. This incursion is part of a wider pattern of increasingly irresponsible Russian behaviour. This is the second time in two weeks that the North Atlantic Council has met under Article 4. On 10 September, the Council held consultations in response to the large-scale violation of Polish airspace by Russian drones. Several other Allies – including Finland, Latvia, Lithuania, Norway, and Romania – have also recently experienced airspace violations by Russia. We express our full solidarity with all Allies whose airspace has been breached. Russia bears full responsibility for these actions, which are escalatory, risk miscalculation and endanger lives. They must stop. NATO’s response to Russia's reckless actions will continue to be robust. On 12 September, we launched “Eastern Sentry” to bolster NATO’s posture along the entire Eastern flank. We will reinforce our capabilities and strengthen our deterrence and defence posture, including through effective air defence. Russia should be in no doubt: NATO and Allies will employ, in accordance with international law, all necessary military and non-military tools to defend ourselves and deter all threats from all directions. We will continue to respond in the manner, timing, and domain of our choosing. Our commitment to Article 5 is ironclad. Allies will not be deterred by these and other irresponsible acts by Russia from their enduring commitments to support Ukraine, whose security contributes to ours, in the exercise of its inherent right to self-defence against Russia’s brutal and unprovoked war of aggression, the NATO’s statement concludes.
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) […]
