Prime Minister Nicolae Ciuca specifies that during the discussions with his Bulgarian counterpart, Kiril Petkov, the situation of the Bulgaria- Greece Inter-connector and the construction of five bridges over the Danube were approached.The statement was made at the end of a bilateral meeting, held on the sidelines of the meeting of the Heads of Government of NATO allied states in South-Eastern Europe."In the bilateral meeting I had with the Prime Minister of the Bulgarian Government, we discussed the issues related to the way in which he works together with the Greek side at the completion of the Inter-connector between Bulgaria and Greece. I have received assurances that all these works will be completed this summer, in June, and then the testing process will follow, so that in the autumn of this year we can benefit from the transit of liquefied gas that can be refuelled in the Port of Alexandroupolis, in Greece. We also discussed issues related to what it could mean in increasing the capacity of gas supply on the Trans-Balkan pipeline. All these are opportunities and possibilities that can be used not only for Romania and Bulgaria, but also for the other countries in Europe," Ciuca said in a press statement.Nicolae Ciuca mentioned that another subject of discussion was represented by the road and railway infrastructure, a context in which the Bulgarian side proposed the construction of five bridges over the Danube."We discussed the Bulgarian side's proposal to build at least five bridges over the Danube River and we insisted on what it means to start the process of dredging the Danube River, so that we can ensure navigation throughout the year. We also discussed with the Bulgarian prime minister our request that ethnic Romanians living in Bulgaria be able to study in Romanian," Nicolae Ciuca 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 […]
