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.
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 […]
