Deputy Prime Minister and Finance Minister Tanczos Barna, and visiting head of the Swiss Federal Department of Foreign Affairs, Federal Councilor Ignazio Cassis signed on Thursday at the Victoria Palace of Government five financing agreements under the Romanian - Swiss Cooperation Program. Prime Minister Marcel Ciolacu and Foreign Minister Emil Hurezeanu also attended the signing ceremony.The agreements envisage the support measure for:* The Energy Efficiency and Renewable Energy Program - Program Operator: the Ministry of Development, Public Works and Administration. Total allocated budget - 70.5 million Swiss francs, of which the Swiss contribution is 60 million Swiss francs;* The Public Security and Safety Program (Home Affairs) - Program Operator: the Ministry of the Interior. Total allocated budget - 23.5 million Swiss francs, of which the Swiss contribution is 20 million Swiss francs;* The Public Security and Safety Program (Justice) - Program Operator: the Ministry of Justice. Budget - 11.7 million Swiss francs, of which the Swiss contribution is 10 million Swiss francs;* Health Services Program - Increasing the capacities for the prevention and treatment of child and teenage addiction in Romania - Program Operator: the Health Ministry. Total allocated budget - 11.7 million Swiss francs, of which the Swiss contribution is 10 million Swiss francs;* Dual Education Program - Program Operator: the Ministry of Education and Research. Budget - 11.7 million Swiss francs, of which 10 the Swiss contribution is 10 million Swiss francs. (Photo:www.gov.ro)
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 […]
