The government approved, in Friday's meeting, the payment of a financial contribution worth 1.3 million euros in support of the populations of Turkey and Syria, as a result of the February 6 earthquake.The payment of these amounts was assumed by Romania within the International Conference of Donors. Thus, the budget of the Ministry of Foreign Affairs is supplemented by 6.5 million RON, from the budget reserve fund available to the Government.The financial commitment will be directed to the following international organizations:- 150,000 euros to the United Nations Children's Fund (UNICEF) for the benefit of the population of the Republic of Turkey;- 150,000 euros to the United Nations Population Fund (UNFPA) for the benefit of the population of the Republic of Turkey;- 700,000 euros in the form of a voluntary contribution for the benefit of the United Nations Development Program (UNDP) for rapid recovery in the Republic of Turkey;- 150,000 euros to the World Food Programme (WFP) for the benefit of the population of the Syrian Arab Republic;- 150,000 euros to the UN Refugee Agency (UNHCR) for the benefit of the population of the Syrian Arab Republic.At the same time, the payment of Romania's voluntary financial contribution to the budget of the Organization for Economic Cooperation and Development for the EURASIA Regional Competitiveness Programme was approved, an amount of 200,000 euros, borne from the approved annual budget of the Ministry of Foreign Affairs for the year 2023."The voluntary contribution within the programme will ensure Romania's visibility in the context of the OECD accession process and will contribute to strengthening the active profile both within the organization and the OECD members, as well as in relation to the partner countries. Considering Romania's constant support to the Republic Moldova and Ukraine, joining the ECP programme also represents a continuation of the multidimensional support provided by Romania to the two states, including through involvement in various activities of the programme, contributing to the economic development in the neighbourhood," the Government informs. (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 […]
