The Netherlands have officially given the green light for Bulgaria and Romania’s full Schengen membership, following a vote in the Dutch parliament which took place on Wednesday and supported this recent decision of the government, relates the news site of the Bulgarian public television, says News.ro. On Wednesday, the Freedom party of the extremist Geert Wilders, the largest party in the Dutch government coalition, tried to introduce a parliamentary motion through which to urge the government to vote against Bulgaria and Romania’s full Schengen membership. However, this motion was rejected. The other parties in the government coalition of the country voted, similarly, against this. For years, the Netherlands stood in the way of the two countries becoming part of the Schengen Area. They were joined in this by countries like Austria. But the previous Cabinet, who were in caretaker status at the time, changed their opinion on this last year. They felt that Bulgaria would help better protect Europe's borders along Turkey. They also believed that Bulgaria would combat corruption and would do a good job at safeguarding the rule of law. Austria stipulated that controls at the country's borders should remain in place, but also withdrew the latter resistance last month. All vetoes against both countries, which had been agreed to join the Schengen Area together, have thus been removed. EU interior ministers are due to vote in Brussels on Thursday on whether Bulgaria and Romania should be fully admitted to the Schengen area. If the decision on Romania and Bulgaria's full Schengen membership is approved by the JHA Council on Thursday, land border controls between and with Romania and Bulgaria will be lifted from 1 January 2025. However, the two countries have pledged to continue random border checks for another six months.
Vaunt, a Romanian real estate technology platform, is expanding into the United States after surpassing 80 clients and a transaction portfolio of nearly EUR 860 million. The expansion targets New York and Miami specifically. “Vaunt is a platform that helps real estate developers manage the sales process from the moment they receive the building permit until […]
IVF clinic Embryos, majority-owned by investment firm Integral Capital Group, has acquired the Oradea-based Calla Infertility Diagnostic and Treatment Center. The move is part of the development strategy of the network Embryos, which started in 2025 with the opening of a clinic in Buzău and the acquisition of Adella Clinic in Sofia, Bulgaria. The turnover […]
Romania has 56 companies included in the 17th edition of the Coface CEE Top 500 ranking, which shows how the largest companies in the region are navigating the current business landscape. The country climbed two positions from last year but remains underrepresented. The companies are ranked by turnover, analyzing additional indicators such as workforce size, business […]
Romania's Instant Factoring announced its participation in a cross-border securitization transaction valued at up to EUR 30 million. The move, the company said, "opens a new stage of growth for both Romanian fintech and the alternative financing market in Romania and Spain." The transaction involved the establishment of a securitization fund - Instant Factoring 2025-I, […]
Meta Estate Trust, a holding company active in the real estate sector and listed on the Bucharest Stock Exchange (BVB) under the symbol MET, announced that it signed the mandate agreement with its new Chief Executive Officer (CEO), Dan Petrișor. The appointment decision was made by the Board of Directors on October 31, and the […]
Former star coach Emerich Jenei, one for Romania's best, passed away on November 5, 2025, at the age of 88. He achieved the greatest performance of Romanian football: winning the European Champions Cup with Steaua București on May 7, 1986, in Seville, in the famous final against F.C. Barcelona. Emeric Alexandru Ienei (Imre Sándor Jenei) […]
