The antimissile defence system in southwestern Romania's Deveselu will become active on December 18, John Heffer, Principal Deputy Assistant Secretary John Heffern told Radio Romania Actualitati (RRA) on Wednesday in Washington. John Heffern participated on Wednesday at the Library of Congress in the reception marking the National Day of Romania. Activating the antimissile defence system in Deveselu on December 18 demonstrates very, very strongly a good governance, transparency and fight against corruption, Heffern stated. I was very enthusiastic to see the events that took place in Bucharest in the past two months. State Secretary (John) Kerry described Romania's commitment for good governance as a model for other countries, the US official stated. Asked about the security situation in the region, he warned that challenges are coming from all sides. From the East we have, of course, issues with Russian aggression in Ukraine, we have problems in the South as well, the US official stated. From the point of view of its geographical location and politic commitment, Romania is important for us, to be able to face these challenges, John Heffern added.
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 […]
