The Minister of Foreign Affairs, Luminita Odobescu, signed the Law of the Sea on the conservation and sustainable use of marine biological diversity of areas beyond national jurisdiction, also known as the Treaty of the High Seas, as part of her participation in the high-level segment of the 78th session of the UN General Assembly.According to a press release from the Ministry of Foreign Affairs (MAE), sent on Thursday, the political significance of the treaty is special, demonstrating the current level of ambition of the international community, the interest in environmental protection and ocean protection."The treaty, adopted on June 19, 2023, by consensus, after approximately 20 years of negotiations, applies the Montego Bay Convention on the Law of the Sea and regulates aspects regarding the conservation and sustainable use of marine biodiversity in areas outside national jurisdiction, such as : the conservation of marine genetic resources and the protection of biodiversity, including through the establishment of marine protected areas, the way of carrying out the assessment of the impact on the environment, the way of sharing the benefits, the transfer of technology and the strengthening of the capacities of developing states," states the Ministry of Foreign Affairs.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
