National leader of Romania's Social Democratic Party (PSD) Marcel Ciolacu, in Rome to attend the Congress of the Party of European Socialists (PES), said on Friday that the future candidate of this political family for head of the European Commission, Luxembourg's Nicolas Schmit, incumbent commissioner for labour, is a "friend of Romania.""The European Social Democratic family has gathered in Rome to unveil its joint candidate for the European Commission, Commissioner for Jobs and Social Rights Nicolas Schmit. Nicolas is a friend of Romania who has supported us in removing the cap on pensions under the National Recovery and Resilience Plan (PNRR) and in attracting additional European funds," Ciolacu said in a social media post on FridayHe added that he discussed with PES President Stefan Lofven the Social Democratic Party's strategy for winning the election. "I was glad that we have benefitted from the consistent support of the European social-democratic family," said the PSD leader.Marcel Ciolacu says that Europe needs more social policies, humanisation, "the energy and ideas that European social-democracy supports.""When we say that no one should be left behind, we must also take action. And, I humbly say it, we have always been the ones who have done it. Whether we are talking about Pedro Sanchez in Spain, Antonio Costa in Portugal, Stefan Lofven in Sweden, Mette Frederiksen in Denmark, Olaf Scholz in Germany or the Social Democratic Party in Romania, we were the ones who increased the minimum wage, increased pensions, created jobs, supported young people and developed our countries. And another example is Nicolas Schmit, the incumbent commissioner for jobs and social rights, the man who developed the SURE programme under which we've saved millions of jobs. Under SURE, Romania has benefitted from over EUR 3 billion," Ciolacu wrote in a social media post on Saturday.Ciolacu on Friday and Saturday attended the Congress of the Party of European Socialists (PES) in Rome ahead of the June 2024 European Parliament election.
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
