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.
Exim Banca Românească continues the savings campaign under which it pays attractive interest rates, above the market average, for new deposits in lei and euro, over 7 months: interest rates of up to 7.20% per year for lei and 2.50% per year for euro. The offer is available both for the PLUS deposit in lei, […]
In a telecom market shaped by economic pressure, fierce competition, and rapidly evolving consumer habits, Orange Romania is betting heavily on network leadership as its defining advantage. With the largest 5G spectrum investment in the country’s history - around EUR 265 million - the company is doubling down on speed, coverage, and long-term infrastructure at […]
The Romanian job market was marked by extremes in 2025, according to an analysis by employment platform BestJobs. In some sectors, job-seekers dictated the rules, while in others they fiercely competed for a limited number of positions, giving employers the upper hand. In the IT sector, the limited number of available positions led to a […]
Poiana Brașov, a popular mountain resort in central Romania, will host a new winter event format starting in 2026, as Untold Universe launches Massif Week, scheduled to take place between February 27 and March 8. The initiative is designed to diversify the resort’s winter offering and extend the tourist season through a series of indoor […]
A memorial march will take place in central Bucharest on December 21 to mark the victims of the 1989 Revolution, which led to the fall of communism in Romania. The march will follow the Victory Square – University Square – Revolution...
Cushman & Wakefield Echinox announced the completion of the sale of the Zenith Conference & Spa hotel in Mamaia, one of the top hospitality units on the Romanian seaside, to the owners of Steaua de Mare Hotels & Resorts, based in Eforie Nord. The property was previously controlled by the RC2 investment fund and Antares […]
