Romania received the formal opinion of the Competition Committee of the Organization for Economic Cooperation and Development (OECD), after the completion of the relevant evaluation process, the Romanian competition authority announced in a release on Tuesday."The Competition Committee evaluated the authority's activities carried out between 2018 and 2022 and confirmed Romania's willingness and capacity to implement the legal instruments, policies, and practices of the Organization in the field of competition, as established in the Roadmap for Romania's accession to the OECD," the release states.The Competition Council leadership participated in June 2024 in talks on the evaluation report, with the OECD Competition Committee expressing its appreciation for the quality of Romania's presentation and the delegation's willingness to answer questions, the cited source emphasizes.The evaluation report includes a series of long-term recommendations regarding the appointment of the members of the Competition Council's plenum based on competence criteria and the determination of the level of fines as part of the guilty plea procedure. The authority is expected to present the status of these implementations in one year.During this process, the Competition Council benefited from the support and expertise of the Foreign Affairs Ministry. Also attending the discussions on the evaluation report were a Foreign Ministry delegation headed by Secretary of State Luca Niculescu, national coordinator for Romania's OECD accession process, and Adrian Vierita, ambassador in charge of Romania's OECD accession process.In 2014, the Romanian competition authority was granted the status of associate member in the OECD Competition Committee, making Romania the first non-OECD member state to benefit from this status.
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 […]
