National leader of Romania's Social Democratic Party (PSD) Marcel Ciolacu, in Rome to attend the Congress of the Party of European Socialists (PES), said on Friday that the future candidate of this political family for head of the European Commission, Luxembourg's Nicolas Schmit, incumbent commissioner for labour, is a "friend of Romania.""The European Social Democratic family has gathered in Rome to unveil its joint candidate for the European Commission, Commissioner for Jobs and Social Rights Nicolas Schmit. Nicolas is a friend of Romania who has supported us in removing the cap on pensions under the National Recovery and Resilience Plan (PNRR) and in attracting additional European funds," Ciolacu said in a social media post on FridayHe added that he discussed with PES President Stefan Lofven the Social Democratic Party's strategy for winning the election. "I was glad that we have benefitted from the consistent support of the European social-democratic family," said the PSD leader.Marcel Ciolacu says that Europe needs more social policies, humanisation, "the energy and ideas that European social-democracy supports.""When we say that no one should be left behind, we must also take action. And, I humbly say it, we have always been the ones who have done it. Whether we are talking about Pedro Sanchez in Spain, Antonio Costa in Portugal, Stefan Lofven in Sweden, Mette Frederiksen in Denmark, Olaf Scholz in Germany or the Social Democratic Party in Romania, we were the ones who increased the minimum wage, increased pensions, created jobs, supported young people and developed our countries. And another example is Nicolas Schmit, the incumbent commissioner for jobs and social rights, the man who developed the SURE programme under which we've saved millions of jobs. Under SURE, Romania has benefitted from over EUR 3 billion," Ciolacu wrote in a social media post on Saturday.Ciolacu on Friday and Saturday attended the Congress of the Party of European Socialists (PES) in Rome ahead of the June 2024 European Parliament election.
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 […]
