Chief of the Defense Staff, General Daniel Petrescu was on an official visit to Portugal, Sunday to Tuesday, at the invitation of his counterpart, Admiral Antonio Manuel Fernandes da Silva Ribeiro, the officials analysing, in context, the regional security situation.The visit also included meetings with the Portuguese Minister of National Defense, Maria Helena Chaves Carreiras, and with other military officials, as well as working meetings with representatives of the Joint Operations Command, informs a press release sent by the Ministry of National Defence (MApN) to AGERPRES.General Daniel Petrescu also delivered a lecture at the Military University Institute in Lisbon, on "The Security Situation on NATO's Eastern Flank".The agenda of the talks focused on the dynamics of the security situation in Eastern Europe, the joint program of the Romanian and Portuguese military in our country, as well as the continuation of training in the Portuguese Republic of some pilots and technical support staff with the Romanian Air Force.General Daniel Petrescu appreciated the contribution of his Portuguese colleagues in the effort to strengthen the deterrence and defence posture in the eastern area of NATO and the European Union. In our country, the Portuguese Armed Forces have deployed a ground detachment that increases the effectiveness of the Multinational Brigade South-East, MApN mentions."The effort of the Portuguese fellows is part of the general context of solidarity and allied determination to put into practice, if necessary, the principle of collective defence. The willingness of the Portuguese military to be by our side not only during training, but also at moments of celebration is remarkable, as was their presence in the National Day parade block," said Daniel Petrescu.In appreciation of the excellent cooperation relations between the armed forces of the two countries, Admiral Silva Ribeiro awarded General Petrescu the Medalha da Cruz de Sao Jorge, Primeira Classe.
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 […]
