Austrian Chancellor Karl Nehammer stated that Austria opposes the accession of Bulgaria and Romania to the Schengen area. He made this statement during the EU-Western Balkans summit in Tirana, https://www.novinite.com/ reports. "The Minister of the Interior made it clear. There is no approval from Austria for the enlargement with Bulgaria and Romania. More time is needed. We have 75,000 unregistered illegal immigrants in Austria. This means that they have crossed the external border of the European Union and ended up in a landlocked country like Austria. We have to answer these security questions first," Nehammer said. The migration issues that Austria is facing are not imputable to Romania, Internal Affairs Minister Lucian Bode said in response to Austria saying it opposes Romania joining the passport-free Schengen area due to the many migrants that pass through the country, euractiv.com reads. “Categorically, Romania should not be undeservedly and unjustifiably punished,” Bode wrote in a Facebook post. Migration flows do not pass Romania and Romania is not the generator of this flow, the minister added, in reply to reports that Austria is the sole obstacle on Romania’s path to Schengen. “Without a doubt, Romania meets all the technical conditions for joining the Schengen area,” said Bode, adding that he discussed with his Austrian counterpart, Gerhard Karner, the matter of Schengen expansion and European migration data. Meanwhile, Austrian Chancellor Karl Nehammer reiterated Vienna’s opposition to Romania and Bulgaria joining the Schengen Area. “More time is needed… there are still many requests from Austria’s part,” the chancellor said on Tuesday, just before the EU-Western Balkan summit in Tirana. According to Austria, more than 75,000 immigrants reach its territory, including through Romania and Bulgaria. Bucharest, however, denies that a large number of migrants have passed its borders. The decision on the extension of the Schengen area will be taken at the meeting of the Council of Ministers of Justice and Home Affairs of the EU on Thursday and Friday.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
