President Klaus Iohannis promulgated on Wednesday the law approving the GEO which provides that asylum seekers can stay in Romania until the procedure is completed. Thus, applicants for this form of protection have the right to remain in Romania until the asylum procedure is completed. In the case of the procedure for determining the Member State responsible for examining the asylum application, the right to remain in Romania ceases on the date of the transfer. The emergency ordinance was issued including in the context of the operationalisation context starting with 7th March 2023 of the Schengen Information System.Similarly, the government mentioned, one year ago, when the normative document was issued, the conflict in Ukraine and the massive flow of displaced persons which ‘led to an exponential growth of the requests for protection lodged on the national territory, followed by the admittance of temporary protection for more than 80,000 people, which determined the personnel of the General Inspectorate for Immigration to be under significant pressure.This made necessary the support of experts from the European Union Asylum Agency and the Operational Support Plan for Romania was signed’.
The ECOTECA Association, in partnership with the Ministry of Environment, Waters and Forests, is organizing the conference “Return & Recycle Insights – 2 Years of DRS in Romania”, which will take place on 26 November 2025, between 09:00 – 13:00, at the Bucharest University of Economic Studies (ASE). The event will bring together representatives […]
Nine years after opening its doors, Veranda Mall enters its most exciting chapter yet. What began as a project to breathe new life into the Obor neighborhood has evolved into one of Bucharest’s most beloved destinations for shopping, leisure, and connection. As it marks this anniversary, Veranda unveils a winter events lineup rich in culture, […]
Purcari Wineries (BVB: WINE), CEE’s leading wine producer, announced its financial results for the first nine months of 2025 on Friday, November 14. The company saw a decline of 1.46% in pretax EBITDA earnings from the similar period last year. Specifically, earnings decreased to RON 84.66 million from RON 85.92 million last year. Meanwhile, group […]
With a solid 35-year uninterrupted presence on the Romanian market, Darian—one of the longest-standing consultancy groups with fully Romanian capital—reaffirms its role as a strategic partner for the business environment. Darian marks this anniversary not through grand promises, but by strengthening its core working philosophy: acting as a “co-pilot” for complex decision-making. The company emphasizes […]
The National Bank of Romania (BNR) revised its inflation forecast upward, from 8.8% to 9.6%, for the end of 2025. The institution anticipates that inflation will reach 3.7% at the end of 2026, compared to 3% in the previous forecast, according to data presented on Friday, November 14, by governor Mugur Isărescu. Compared to the […]
The state-owned company Transelectrica (BVB: TEL), the operator of the Romanian national energy system, recorded a net profit of RON 183 million in the first nine months of the year, down 56% compared to the same period last year. Operating revenues fell by 2%, to RON 1.716 billion, mainly due to the decrease in revenues […]
