Albania can learn from Romania's experience in terms of the accession process, but especially of the post-accession process, which has shown that bureaucracy and corruption are the biggest obstacles in attracting European funds, said Mihai Daraban, president of the Chamber of Commerce and Industry of Romania (CCIR), on Monday, after a meeting with the new ambassador of the Republic of Albania to Romania, Enkeleda Merkuri, aimed at boosting bilateral economic relations."The diplomatic relationship between Romania and Albania goes back more than 110 years old, with the national anthem of Albania whose music is composed by Ciprian Porumbescu bearing witness of the friendship between the two countries. Albania can learn from Romania's experience in the accession process [to the EU, editor's note], but especially from the post-accession process which, unfortunately, has shown us that bureaucracy and corruption are the biggest obstacles in attracting European funds," said the president of the CCIR, quoted in a press release sent to AGERPRES on Monday.The ambassador of the Republic of Albania to Romania conveyed, in her turn, that Romania is a partner of good practice in the process of Albania's accession to the European Union."For Albania, your country is a partner of good practice in the EU accession process in which we are involved, and the CCIR can play a decisive role in providing advice on the economic component. There are joint projects in which the business communities of the two countries can be involved, energy being an area of strategic importance for Albania," said the ambassador of the Republic of Albania to Romania, Enkeleda Merkuri.
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 […]
