President of the European Commission Ursula von der Leyen is coming to Bucharest today as part of her NextGenerationEU series of visits.She is scheduled to meet President Klaus Iohannis and Prime Minister Florin Citu.At 16:00hrs, von der Leyen will be welcomed at the Cotroceni Presidential Palace by Iohannis, and at 16:50hrs she will meet Prime Minister Florin Citu at the Government House.Subsequently, the three officials will tour the Bucharest University Emergency Hospital, which qualifies for funds under the NextGenerationEU programme, and will hold a joint news conference.The main purpose of von der Leyen's visit is to deliver an assessment of Romania's National Recovery and Resilience Plan (PNRR)."To Romania, the National Recovery and Resilience Plan is not only the document based on which we will be able to get 29.2 billion euros, but also the guarantee that investments and reforms will be the coordinates of the coming years. Romania is naturally adhering to the goals that characterise developed economies: modernisation of transport and medical infrastructure, green economy, digital transformation. I appreciate the collaboration with our European partners for the completion of PNRR. The government is ready to draw the funds that Romania will benefit from and determined to implement the reform programmes," PM Citu said on Friday.PNRR is divided into 15 components covering six pillars: green transition; digital transformation; smart, sustainable and inclusive growth; social and territorial cohesion; health, economic, social and institutional resilience; next-generation policies.
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 […]
