The world geopolitical environment is marked by distrust and disrespect for the international order, which leads to the escalation of regional conflicts and a new arms race, Romanian Foreign minister Luminita Odobescu on Monday told the Conference of States Parties (CSP10) to the Arms Trade Treaty (ATT) in Geneva that runs through Friday under the Romanian presidency."These challenges require a new commitment from the states parties for the treaty to achieve its purpose and have a significant impact on international security. The goal is more important than ever: to reduce people's suffering and to contribute to international and regional peace, security and stability," Odobescu is quoted as saying in a press statement released by the Romanian Foreign Ministry (MAE) on Monday.In her opening remarks, Odobescu mentioned the 10th anniversary of the Arms Trade Treaty, underlining its essential role in the current geopolitical context, as well as the importance of cooperation among all the actors involved in reducing human suffering, promoting peace, security and international stability. She also pointed to the priorities of the Romanian Presidency of CSP10 regarding the adoption of a pragmatic and structured strategy of the efforts to universalise the treaty, as well as a new orientation in the activity of the ATT focused on addressing practical aspects of implementation.Romania took over the CSP10 presidency on August 25, 2023, which it holds throughout August 23, 2024, through the Permanent Representative of Romania to the United Nations Office in Geneva and international organisations based in Switzerland Razvan Rusu. Under its CSP10 presidency, Romania has encouraged dynamising dialogue among the party states on the effective implementation of the treaty, universalisation activities and measures to increase the transparency of exports and imports of conventional arms. At the same time, the priorities of the Romanian presidency included holding debates on the role of inter-institutional cooperation in the implementation of the ATT provisions.
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 […]
