October 31, 2024 The Black Sea is of critical geostrategic importance – a key sea lane for global trade, security, energy and humanitarian efforts. On International Black Sea Day, we reaffirm United States support for a Black Sea that is secure, prosperous, interconnected, and free from threats of military aggression, economic coercion, and malign influence, including those posed by Russia’s unprovoked and illegal war against Ukraine. United States engagement in the Black Sea region is based on deep ties of friendship, shared values, and recognition of its strategic importance. Together with Allies and partners in the region, we support efforts to reinforce the free flow of trade in the Black Sea, to develop new energy sources, and to protect the region’s rich cultural heritage. U.S. engagement in regional groupings – including the Bucharest Nine (B9), the Three Seas Initiative (3SI), and NATO – along with a persistent U.S. military presence at Mihail Kogalniceanu Air Base and in Deveselu, contribute to regional security, stability and prosperity. Romania has played a vital role in fostering greater international cooperation in the Black Sea, working to create safe shipping lanes for the export of Ukrainian grain, partnering with Bulgaria and Türkiye to clear mines, and collaborating with the United States and other partners to combat foreign information manipulation in the area. We look forward to continuing our close cooperation with Romania in support of a secure and prosperous Black Sea region. By U.S.Mission Romania (Photo:https://x.com/ambasadasua)
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 […]
