The Chamber of Deputies on Wednesday adopted a draft law ratifying the Agreement between the Governments of Romania and the Republic of Moldova regarding the coordinated control on Romanian territory at the Galati (Romania) - Giurgiulesti (Republic of Moldova) road state border crossing point, on the way into our country.There were 293 votes cast in favour of the draft, 2 against and one abstention.The agreement was signed on November 20, 2024, in Bucharest.The normative act aims to facilitate the transit of persons and speed up the movement of goods, as part of the process of integrating the Republic of Moldova into the European Union and also as part of the support provided to the Ukrainian economy, seriously affected by the war, in cooperation with the European Union and the United States of America, the Defence Committee report states.According to the same source, the Agreement provides for the implementation of coordinated control at the Galati - Giurgiulesti crossing point, establishing the bilateral legal framework, the way of organizing the control, the responsibilities of the staff involved, the protection of personal data, the implementation procedures.This agreement applies for a period of 12 months starting from the date on which the coordinated control becomes operational. Any extension of the validity of the Agreement for new periods of 12 months is decided by agreement of the parties, based on the joint evaluation of the results of the control system, the extension being carried out through diplomatic channels.The Chamber of Deputies is the first to be notified, and the Senate is the decision-making body in this case.
Romania’s president Nicuşor Dan has convened a meeting of the Supreme Council for National Defence for November 24, the Presidency announced on November 17. The session will examine key strategic documents and national security priorities for the period ahead. The agenda includes the National Defence Strategy for 2025–2030 and the Strategic Defence Analysis, two documents […]
Romania’s ruling coalition will make a final decision on the magistrates’ pensions law after president Nicusor Dan meets magistrates on November 18 and will most likely promote the law on public administration employment in Parliament next week, according to media reports from prime minister Ilie Bolojan and other sources familiar with the negotiations. The coalition […]
The restaurant chain with entirely Romanian capital, City Grill Group, announced that it ended the first ten months of the year with a turnover of EUR 63.5 million, up 13% compared to the same period last year. The results "confirm the group's stability in a year marked by challenges for the hospitality industry and consolidation," […]
Sphera Franchise Group (BVB: SFG), Romania’s largest food service operator, reported record third-quarter results for 2025, marking its strongest Q3 performance to date in terms of sales and profitability. The company said on November 17 that the improvement reflects stricter cost discipline and rising contributions from its operations in Italy and the Republic of Moldova. […]
Hidroelectrica (BVB: H2O), the largest state-owned company in Romania, recorded lower operational and financial results in the first nine months of 2025 compared to the same period last year, but in line with the amended budget approved on October 31. The company's net profit fell by 34% y/y, to RON 2.3 billion, and earnings per […]
State-controlled gas producer Romgaz (BVB: SNG) may officially submit a binding offer to acquire fertiliser plant Azomureș by the end of the year, provided the final stages of its due diligence process confirm the financial, legal, and operational feasibility of the transaction. The update was provided by Gabriela Mareș, Romgaz's Director of International Relations and […]
