Gabriela Firea announced on Monday that she has tendered her resignation as interim president of the Social Democratic Party (PSD) Bucharest, in protest to the fact that the elections have been blocked for more than two years in this organization. “I have now tendered my resignation as interim president of PSD Bucharest. It is a form of protest to the fact that for two years Mr. Dragnea has blocked the elections in this organization and in a few others in the country, probably so that we are vulnerable and depend on him. (…) Now I realize that it has been a plan and not a very friendly one as far as I am concerned, meant for me to depend on him permanently. (…) We are born alone, we die alone, no one holds our hand,” Gabriela Firea said before the meeting of the National Executive Committee of PSD. According to her, it is non-statutory to learn from the press certain decisions in PSD’s National Executive Committee before there being an official decision. Read also: PSD’s NatExCom convenes with Gov’t reshuffle on the agenda. Firea: I await my sentence
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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 […]
