The Ministry of Foreign Affairs (MAE) announced on Friday that it does not recognise the legitimacy of the presidential elections organised by the Russian authorities in the regions of Donetsk, Luhansk, Zaporizhzhia, Kherson, the Autonomous Republic of Crimea and the city of Sevastopol."From 15 to 17 March 2024, presidential elections will be held in the Russian Federation. The Russian authorities have announced that the elections will also be held in the Ukrainian territories illegally annexed or temporarily occupied by the Russian Federation since 2014. The Ministry of Foreign Affairs does not and will not recognize the legitimacy of the aforementioned elections held in Donetsk, Luhansk, Zaporizhzhia, Kherson, the Autonomous Republic of Crimea and the city of Sevastopol, which are integral parts of Ukraine. The MAE also reconfirms its firm support for the independence, sovereignty and territorial integrity of Ukraine within its internationally recognized borders," reads a MAE press released sent on Friday.According to the ministry, the Russian authorities have decided not to invite ODHIR/OSCE observers to the March 2024 presidential election, "in contradiction with the international obligations assumed". At the same time, "it is possible that the Russian authorities may extend invitations" to foreign individuals or legal entities to observe and monitor the elections."Under the given conditions, the MAE strongly discourages the participation of Romanian citizens or Romanian legal entities in monitoring elections in the Russian Federation. MAE reminds that the presence of Romanian citizens in the territories belonging to Ukraine under the occupation of the Russian Federation, including for the purpose of election observation and monitoring, entails criminal and administrative consequences in accordance with Ukrainian law," the press release states.
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 […]
