On Thursday, the European Commission reaffirmed its position that Romania and Bulgaria are fully prepared for full accession to the Schengen area."Regarding the Commission's position on lifting internal border controls for Bulgaria and Romania, this remains clear, as President Ursula von der Leyen stated in the political guidelines for the next European Commission (2024-2029): Bulgaria and Romania have demonstrated their capacity related to border management and returns. They are prepared and should fully benefit from the Schengen area," a spokesman for the European Commission told Agerpres.He thus answered a question regarding the consequences of the introduction of internal border controls by several Schengen states on the expansion of this area through the full integration of Bulgaria and Romania, including land borders."The Council will have to take an additional decision to set a date for the lifting of internal land border controls between Bulgaria, Romania and other Schengen countries. The Commission will continue to provide all necessary support to the Presidency of the Council to ensure that a decision on land borders can be taken in 2024,'' the quoted spokesperson added.Ten days ago, Germany introduced, for a period of six months, controls at all its land borders to combat illegal immigration.The German authorities had already introduced controls at the borders with several neighboring countries, and from September 16 these measures were extended to the borders with Luxembourg, Belgium, the Netherlands and Denmark.According to the EU asylum rules (the so-called Dublin regulation), asylum applications must be processed in the member state where the migrant first enters the EU bloc.The Schengen area is the free movement area of the European Union that includes most of the 27 EU member states. At the end of March of this year, Romania, together with Bulgaria, joined this area partially - only with air and sea borders due to the lack of unanimity in the EU Council, and a decision on the elimination of land border controls is still awaited.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
