*Vienna proposes easier air travel in the EU for Bulgarians and Romanians, according to media reports, https://www.politico.eu/ informs. Austria’s interior minister indicated that the country’s objection to Romania and Bulgaria joining the Schengen area could be softened when it comes to air traffic. Multiple Austrian media outlets have reported that Austrian Interior Minister Gerhard Karner is willing to remove barriers to intra-EU travel for Romanians and Bulgarians, while remaining against the two countries joining the Schengen area due to illegal migration concerns. Under his offer, passengers from Romania and Bulgaria wouldn’t need to go through passport control when flying within the EU. However, there are also a set of conditions for this to be allowed, including Bulgaria needing to agree to more Frontex operations and increased border controls in Romania and Bulgaria. Romanian Prime Minister Marcel Ciolacu wrote on Facebook that the ice had been broken, saying the development means that “Romanians will no longer stand in endless queues when they fly within the European Union.” “After years of waiting, we will realize this dream together! Romania deserves to be in Schengen,” Ciolacu said. In September, Ciolacu threatened Austria with a court case, saying that he would challenge Vienna's veto at the European Court of Justice “in order to claim compensation for the losses caused by non-accession.”
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 […]
