The presidential elections in Russia were "neither fair, nor democratic, nor free", Foreign Affairs minister Luminita Odobescu said on Monday before attending the Foreign Affairs Council in Brussels."There is no need to comment on the results of the presidential elections in Russia. We all know that these elections were neither fair, nor democratic, nor free. Romania condemns the organisation of the presidential elections in Russia in the illegally annexed territories of Ukraine, but also in the regions of the Republic of Moldova - Transnistria or in Georgia - South Ossetia or Abkhazia, which were held in violation of international law," said minister Odobescu.She also condemned the recent Russian attacks on Ukraine and spoke of the need to support the neighbouring country."The very important and urgent matter is EU military support and I welcome the adoption of the support fund for Ukraine. It is an important step forward in terms of providing Ukraine with much needed ammunition and military equipment," the Romanian minister said.She added that Romania supports the adoption of a new package of sanctions, the fourteenth, against Russia."It is very important to limit Russia's ability to attack Ukraine. Romania also supports the adoption of new sanctions against Russia in the field of human rights," added Luminita Odobescu.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
