Interim President Ilie Bolojan will participate in the Three Seas Summit Warsaw 2025 on Tuesday.Ilie Bolojan will deliver a speech in the first part of the day, in the segment dedicated to heads of state and government, at the Three Seas Initiative Business Forum.The interim president will then participate, together with several heads of state from the region, in the high-level meeting to be organized at the Royal Castle in Warsaw.Ilie Bolojan arrived in the Polish capital on Monday evening, when he is invited to the official dinner hosted by Andrzej Duda.The summit in Poland marks ten years since the implementation of this initiative, and discussions will focus on regional interconnectivity in transportation and energy, as well as current security issues.The Three Seas Initiative is a flexible and informal political platform at presidential level, bringing together the 12 EU Member States between the Adriatic, Baltic and Black Seas (Austria, Bulgaria, Croatia, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, Slovenia, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia and Slovenia). Greece became the 13th country to join the Three Seas Initiative two years ago.The initiative aims to increase convergence and cohesion, while reducing the economic development gap between different areas and EU Member States, by increasing interconnectivity in the region, in the fields of energy, transport and digital. The basic principles of the Three Seas Initiative are promoting economic development, increasing cohesion at European level and strengthening transatlantic ties. (Photo:https://3seas.eu/media/news/sherpas-of-the-three-seas-initiative-warsaw)
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 […]
