The Bulgarian vice-minister of transport and communications, Nikolai Naidenov and the first collaborator with the Romanian Embassy to Bulgaria, Bogdan Tebrean reached an agreement on easing cross-border traffic, announced on Thursday the Bulgarian ministry, quoted by BTA.The officials discussed ways to facilitate the crossing through the Bulgarian-Romanian border crossing points, especially in the summer, analyzed the technical state of the infrastructure and considered setting up a ferry service between Ruse and Giurgiu. The meeting took place at the initiative of Minister of Transport and Communications Nikolai Sabev. Naidenov proposed that only the Bulgarian party get border control for the future ferry line Ruse-Giurgiu, so that the service be launched immediately.Tebrean attributed bottlenecks in cross-border traffic to a 250% increase in heavy truck traffic compared to last year and a stricter control of migrants.Discussing about the construction of several bridges between Bulgaria and Romania to cross the Danube, Naidenov said that this is an option to minimize the concentration of trucks at cross-border points. He reiterated the Bulgarian opinion that feasibility studies for new bridges should be made simultaneously in five localities.At present, the Bulgarian and Romanian Danube banks are connected through two bridges and three ferry lines.
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 […]
