Attracting strategic American investors and major investment funds to public companies that are listing on the stock exchange or opening up to private capital, and joining the Organisation for Economic Co-operation and Development (OECD) by the end of the year, are among the foreign policy priorities set out in the Government Programme submitted to Parliament on Saturday by Prime Minister-designate Siegfried Muresan. The chapter on foreign policy in the document is entitled ‘A pro-European and transatlantic Romania’. Among the targets set are a political agreement on the Multiannual Financial Framework 2028–2034 by the end of 2026, so that implementation can begin on 1 January 2028. In this regard, emphasis is placed on maintaining allocations for cohesion and agriculture, substantial own resources for the EU budget, access to competitiveness instruments (CEF, military mobility, defence, Horizon Europe) and guaranteed funds for enlargement. The government programme also mentions the strengthening of the Eastern Flank through Eastern Flank Watch, via the European maritime security hub on the Black Sea (progressing from the finalised concept to operationalisation in Constan?a in 2027 and inclusion in the European budgetary process). Military mobility is supported through transport, energy and data infrastructure, in coordination with Ukraine and the Republic of Moldova. The enlargement of the European Union is a ‘national priority’, according to the Government Programme, which advocates opening all negotiation chapters for the Republic of Moldova and Ukraine this year and supports the Accession Treaty for Montenegro and the Western Balkans. It also supports a dialogue based on principles with Turkey within the European framework, firm support for Ukraine, and a strategic partnership with the United States built on investment in technology, energy and defence. The government programme indicates that Romania is set to become a regional energy hub in partnership with the US, through the Vertical Corridor infrastructure, the development of investments in the Black Sea, the nuclear projects at Cernavoda and modular reactors. It also mentions the development of defence production in partnership with the US and European industries, citing the SAFE procurement programme (€16.68 billion) as an example of a procurement initiative that brings production, supply chains and jobs to Romania, alongside participation in EDIP, PESCO and European collaborative projects. The government programme proposes joint projects with the EU and the United States in the fields of energy, minerals and critical raw materials – specifically exploration, extraction and processing in Romania – as part of European and transatlantic economic security.
The first heavy snow hit Romania’s famous Transfăgărășan high-altitude road, forcing road workers to intervene with snow-clearing equipment and anti-skid material. The Brașov Regional Directorate of Roads and Bridges (DRDP) announced on Friday, October 16, that a layer of snow has formed on the road, particularly in the highest areas. “Heavy snowfall on DN7C – […]
The National Liberal Party (PNL) and its allies in Save Romania Union (USR) called for the establishment of a parliamentary committee for administrative-territorial reform on Thursday, October 15. The two parties, set to form the opposition in the event of an investiture vote for the Luca Niculescu government, had their request approved by the Joint […]
Real estate developer One United Properties (BVB: ONE) announced on Friday, October 16, that it has appointed Cătălin Jalobă as Group Chief Financial Officer. He will take office on December 17. In this role, Jalobă will lead the group’s finance function, including financial strategy and planning, accounting and reporting, treasury and financing, cost control, taxation […]
One of the largest banks in Romania, Raiffeisen Bank, listed a new corporate bond issue, its tenth overall, worth a total of RON 750 million on the Exchange’s Regulated Market on Friday, October 16. The bank listed 1,250 senior preferred, unsecured corporate bonds with a nominal value of RON 600,000 each and a fixed coupon […]
More than 1.5 million people participated in the 2026 edition of Open Streets – Bucharest, Urban Promenade, according to municipal cultural center ARCUB. The program ended on October 11 after running for 24 weekends. Organized by the Bucharest City Hall through ARCUB, the project included 226 activities. These comprised more than 100 workshops and interactive […]
Bucovina, a region in northeast Romania, topped Time Out’s newly updated list of the world’s most underrated travel destinations for 2027. Relatively unknown, particularly to foreign travelers, Bucovina was placed first among 41 destinations around the world. The London-based travel recommendations magazine highlighted the region’s painted monasteries and ancient forests to motivate...
