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.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
