The report referring to challenges of crossborder cooperation with neighbour countries signed by the liberal (PNL)MEP Daniel Buda was adopted on Tuesday by the European Parliament plenum, gathered in Strasbourg, with 559 voted for, 20 against and 36 abstentions. The report mentions the fact that crossborder cooperation has three main objectives such as promoting economic and social development in border areas, approaching joint challenges for environment, public health or security, as well as creating better conditions for the mobility of people, goods and capital. “We are talking about a report involving 228 million citizens on both sides of the border, 33 countries and 186 regions. This report intends to point out realities and needs of these regions in the EU border area, connected to infrastructure development at various levels. If we speak about road infrastructure or about school or health infrastructuresm these areas have the possibility to access European funds to be able to develop even areas outside EU, such as Ukraine and Moldova,” said Daniel Buda in a briefing to Romanian journalists presented in Strasbourg on Monday. Daniel Buda, who is vicepresident of the Commission for agriculture and rural development, says that EU has such an approach due to a simple reasoning. “If we consider Ukraine or Moldova, EU wants to have powerful neighbours to be able to cope with major challenges that could appear in time, as it happened with Covid pandemic,” he explained.
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 […]
