The Minister of Energy, Virgil Popescu, participates, as co-president, in the works of the 6th session of the Inter-governmental Committee for commercial-economic and technical-scientific cooperation between Romania and the Republic of Azerbaijan, on which occasion he conveyed Romania's interest in diversifying the routes and sources of energy supply, but also for investments in the petrochemical industry and other vital areas for the economy."We are strategic partners and we cooperate in many areas. We have a very active political dialogue. As I mentioned, I am on my fourth visit here since the beginning of the year. The organization of the Joint Inter-governmental Committee Romania - Azerbaijan represents an excellent opportunity to increase bilateral trade between the two states and to offer companies the opportunity to conclude new partnerships and identify new investment opportunities. At the same time, we have conveyed again that we are interested in diversifying the routes and sources of energy supply, but also in investments in the petrochemical industry and other areas vital to the economy," the minister wrote on his Facebook page on Thursday.The Romanian delegation also includes Adrian Chesnoiu - Minister of Agriculture, Vasile Soare - Ambassador of Romania to Azerbaijan, alongside several secretaries of state with the ministries of Energy, Labor and Social Protection, Transport, Economy, and representatives of Romanian companies in energy. (Photo:https://www.facebook.com/VirgilDPopescu)
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 […]
