President Klaus Iohannis said on Wednesday that, after the informal meeting of the European Council, the European Commission has committed itself to come up with some solutions on increasing energy prices."We had an informal discussion last night and I think two conclusions are very important, which were drawn from the discussions that lasted until late at night. The first is related to the way in which we, the EU, see ourselves in the global politics, the conclusions are good for us and important. Everybody stressed the importance and relevance of NATO and the importance, relevance and need to keep the transatlantic relationship strong. On the other hand, we had a first discussion about energy prices, especially electricity prices, and we agreed to speed up all the steps. The Commission has committed itself and we expect it to keep to this issue, to come very quickly, within a week, with an approach proposed by the Commission that has to come up with some solutions, because we cannot pass the winter with increasing electricity prices," the president said.He also specified what the discussions at the EU-Western Balkans Summit, taking place in Slovenia, will be aimed at."Today we are discussing about the states in the area, there are six states that all want to become members of the European Union, there are economic issues, there are issues of conditionalities, but the most important thing here is that we, in the Union, want to give a European perspective to the states of the Western Balkans, and these states obviously want to confirm their interest in becoming member states and are willing to meet all the conditions. So today I do not expect complicated discussions, everyone wants us to make progress in these accession processes," Iohannis said.The Romanian president attended the EU-Western Balkans Summit in Slovenia in Brdo on Wednesday. On Tuesday, Klaus Iohannis attended the informal meeting of the European Council, also held in Brdo.
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 […]
