The government approved the memorandum under which Romania will be able to continue providing technical and financial assistance to the Republic of Moldova in several areas, to support its European path, said Government spokesperson Dan Carbunaru."The memorandum approving the negotiation and signing of the agreement between the Government of Romania and the Government of the Republic of Moldova on the implementation of the technical and financial assistance program based on a non-reimbursable financial aid of 100 million euros granted by Romania to the Republic of Moldova has been endorsed. Practically, the Government has given its go-ahead for the negotiations and the signing of a new agreement under which Romania will continue to provide technical and financial assistance to the Republic of Moldova to support its European path, given that the old agreement allowing Romania to finance important projects in the Republic of Moldova was no longer in force as of March 28 last year," Dan Carbunaru told a news conference at Victoria Palace on Wednesday."Through the old agreement, Romania technically and financially supported projects such as the rehabilitation and modernization of 1,000 kindergartens, schools in the Republic of Moldova or the development of the Iasi-Chisinau Gas Pipeline, a strategic energy interconnection project between Romania and the Republic of Moldova. Further, the agreement will include provisions for the development of cooperation in the energy sector, transport infrastructure, environmental protection, combating climate change, public works and infrastructure, SMEs, media independence, public administration reform, Home Affairs, Health, Education, Culture and Heritage, Research and Tourism," Carbunaru also specified.
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 […]
