Bulgaria, Romania and Turkiye are preparing to launch a mine clearing operation in the Black Sea, said Defence Minister Todor Tagarev on Friday quoted by https://www.bta.bg/. He was speaking at the opening of an international conference, entitled “Winning the Peace in Ukraine” It is organized by the Sofia Security Forum in partnership with the US Embassy in Bulgaria. "We have been working for two months without making the information public,” said the Minister. “I hope that in the near future this operation will be launched which will enhance security in Bulgaria’s territorial waters and its exclusive economic zone. It will aid wheat exports from Ukraine too,” said Tagarev. The terrorist threat has become particularly visible with the terrorist acts by Hamas against Israel and the ensuing tensions which are still likely to escalate. These developments can result in increased migrant pressure on Bulgaria as well as in tensions between the different fractions which support the sides in the conflict. Currently, the likelihood is very small, said the Minister. “In this situation we are working with our allies and this is the most important guarantee for our security,” said Tagarev. He reiterated that Bulgaria will continue to provide political, military and humanitarian aid to Ukraine for as long as it is necessary. The prospects for peace in Ukraine, the strategies and the ways to achieve security in the Black Sea region, the role of NATO and the European union and the future of the European security architecture will be among the topics which will dominate the agenda of the conference.
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 […]
