Nicolae Ciuca has been nominated on Monday by President Klaus Iohannis as candidate for the position of prime minister.The head of state said that this proposal came from the National Liberal Party (PNL), the Social Democratic Party (PSD) and the Hungarian Democratic Union of Romania (UDMR) and from the parliamentary group of national minorities."The consultation session that I convened with the parliamentary parties has ended. I found that a solid majority was formed in the Romanian Parliament, a majority that includes the PNL, PSD, UDMR and the minority group. The representatives of this majority wanted to come together to the consultations, I have accepted this and in this format we had a discussion that I consider very good. This majority proposed to me a name of prime minister, a proposal that I accepted. I consequently nominate Mr. Nicolae Ciuca, here present, to form a government team and to appear before the Romanian Parliament for the vote of confidence," declared President Klaus Iohannis, at the Cotroceni Palace.He wished Nicolae Ciuca, present at the Cotroceni Palace, much success.On Monday, the head of state had consultations with the representatives of PNL, PSD, UDMR and of the national minorities, and then with those of AUR (Alliance for the Union of Romanians), in order to nominate the candidate for the position of prime minister. USR did not participate in the consultations at Cotroceni Palace.According to the Constitution, the candidate for the position of Prime Minister will request, within 10 days from the nomination, Parliament's vote of confidence on the program and of the entire Government list. The governing program and the list of the Government are to be debated by the Chamber of Deputies and the Senate, in a joint session. Parliament gives its nod of approval to the Government by the majority of deputies and senators' vote.The leaders of PNL, PSD and UDMR announced that Romania will have a Government by Thursday.Nicolae Ciuca was also nominated as a candidate for prime minister on October 21. However, he submitted his resignation after the PNL-UDMR minority government failed to gather a majority in Parliament to vote for him.
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 […]
