The mine clearance action in the Black Sea, carried out jointly by the naval forces of Romania, Turkey and Bulgaria, will be operationalized shortly, the Romanian prime minister Marcel Ciolacu said Tuesday, in a joint statement delivered alongside Turkish president Recep Tayyip Erdogan at the end of official meetings held at the Presidential Palace in Ankara."Both Romania and Turkey have significant investments in energy in the Black Sea. That is why it is very important for our countries to act together to ensure security in the Black Sea and protect these investments. It is for the first time when the allies bordering the Black Sea take the decision to jointly solve a serious problem of security and safety of naval transport," Marcel Ciolacu said."And here I want to congratulate president Erdogan for his leadership and vision. Turkey's remarkable efforts made possible that agreement to transit Ukrainian grain through the Black Sea, this effort being later taken over by Romania. I want Romania and Turkey to continue to act together, both in terms of assistance to Ukraine and in terms of involvement in post-war reconstruction," Ciolacu said."I also discussed with Mr. president the situation in the Middle East and we agree that we are facing a human tragedy in Gaza. It is our duty, as humans first of all, to ensure humanitarian assistance in the Gaza Strip and to contribute to stopping the loss of human lives among the civilian population," Ciolacu stressed."I also assured president Erdogan that Romania will continue to facilitate dialogue between Turkey and the European Union, both as a candidate state for accession and as a key partner of the EU in many important areas," Ciolacu added.
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 […]
