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.
HiSky will launch direct flights between Bucharest and Chicago in June 2026, expanding its transatlantic network two years after introducing its New York route. The service resumes a direct link suspended 24 years ago, the company said. The new route will be operated twice weekly, on Thursdays and Sundays, with the first flight scheduled for […]
EVERGENT Investments Group reached a record level of RON 3.72 billion (EUR 744 mln) in assets under management as of June 30, 2025, up 7% compared to December 31, 2024. The financial performance achieved confirms the resilience of the business model amid heightened domestic uncertainties. The Group’s performance indicator, the net result of RON 195.5 […]
Visual Fan, initially known for the low-cost phones assembled in China, later expanding in various tech markets including consumer electronics, EV imports and PV panel installation, announced the launch on the Romanian market of a new brand of washing machines powered by artificial intelligence. "Our vision is to transform Allview into a brand that offers […]
OMV Petrom, the second largest company listed on the Bucharest Stock Exchange, announced on September 16 that the Board of Directors proposes to shareholders the distribution of a special dividend in a gross value of RON 0.0200 per share, equivalent to approximately RON 1.246 billion (EUR 250 million). The company’s market capitalisation reached RON 53 […]
However, prices and lack of information discourage Romanians from making such purchases. More than half of Romanians (52%) say they adopt sustainable behavior in their daily lives and 53% frequently buy sustainable products, according to a study conducted by the BUCHAREST CENTER FOR ECONOMY & SOCIETY (CES Bucharest). The most sought-after sustainable products are food, […]
Romanian telecommunications group Digi Communications said on September 16 that it does not intend to cede control of any of its subsidiaries, including Digi Spain, amid reports that it is preparing the Spanish unit for a stock market debut in 2026, Profit.ro...
