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.
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
