On a working visit to the United Arab Emirates (UAE), Romania's Prime Minister Nicolae Ciuca met UAE President Sheikh Mohamed bin Zayed Al Nahyan to discuss diversifying oil and gas supply resources amidst ongoing tensions in the Black Sea region.According to a press statement released by the government on Wednesday, Prime Minister Nicolae Ciuca paid a working visit to the United Arab Emirates on June 20 and 21 to meet in Abu Dhabi Sheikh Mohamed bin Zayed Al Nahyan and UAE Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum.Talks focused on the development and consolidation of bilateral dialogue at the political, economic and sectoral levels between the two countries. During the meeting, important and priority issues for the United Arab Emirates and Romania were addressed, as well as regional and international affairs.The main subjects were projects in the field of energy, port infrastructure, agriculture and IT.According to the government, the dialogue set "concrete benchmarks" for solutions to diversify oil and gas supply resources amidst ongoing tensions in the Black Sea region and the European embargo on Russian oil and oil supplies. At the same time, investment opportunities in Romania in the field of renewable energy were addressed, both offshore and on-shore.The visit preceded a second session of the Co-operation Commission between the Government of Romania and the Government of the United Arab Emirates, scheduled for June 21-22.The official retinue that accompanied Prime Minister Nicolae Ciuca to the United Arab Emirates included Minister of Transport and Infrastructure Sorin Grindeanu, Minister of Energy Virgil Popescu, Minister of Agriculture and Rural Development Adrian Chesnoiu, representatives of the Prime Minister's Chancellery Paula Cristea, Iulian Chifu, and Dan Carbunaru.
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 […]
