Ambassador Nicolas Warnery stated on Friday, that he estimates that there will be ‘favourable evolution’ of French investments in Romania this year, a first step being made in Sibiu, which is on Friday ‘ the economic capital of Francophonie’ by hosting for the first time a reunion attended by five Francophone business clubs. ‘For the first time we have in Sibiu a reunion of five Francophone business clubs which have been set up progressively on the Romanian territory and which collaborate tightly with the Romanian Embassy and with the French Chamber of Commerce and Industry, benefitting from their expertise. We are talking about economic development and about the fact that Sibiu is today the economic capital of Francophonie.Work is being done to strengthen economic relations and to develop them. They are developing at this very moment and we believe that there will be a favourable development’ said the French ambassador, answerting the question whether French investment in our country is likely to increase this year.According to the French diplomat ‘ cooperation between the Depatment Ille et Vilaine and Sibiu is a very old collaboration’. ‘ We have already celebrated 30 years since its existence which started in the domain of solidarity and the humanitarian domain and which extended in several other domains, among which agriculture, tourism, linguistic collaboration and so on. We are talking a but an extemely old collaboration which is going to go on’ said ambassador Nicolas Warney.He showed that this is an example of good practice in Sibiu for the last 30 years of the department Ille et Vilaine.‘I would like to say that I appreciate the originality of Sibiu and the fact that this French House Ille et Vilaine which exists here, in Sibiu and which was set up more than 30 years ago, it an excellent example of decentralized cooperation between the local collectivities in France and Romania. It seems to me that we are talking about an extraordinary example of collaboration. The French house collaborates with the Francophone Business Club, the Francophone Business Club Sibiu and this initiative seems extraordinary’ the French ambassador said. Ambassador Nicolas Warnery was on a visit in Sibiu on the occasion of‘France Days in Sibiu’ (22- 24 February). On this occasion, the ambassador met on Friday in Sibiu with people of culture and business and will also discuss with the mayor of the country town, Astrid Fodor.
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 […]
