Prime Minister Marcel Ciolacu will be on Tuesday and Wednesday on a working visit to Great Britain, having meetings with British Prime Minister Keir Starmer, House of Commons Speaker, Sir Lindsay Hoyle, and City of London Lord Mayor Alastair King on the agenda, the government said in a release. Also, the prime minister will participate in the Romania - UK Economic Forum due on November 13.His program also includes a visit to a Romanian local church and meeting with members of the Romanian community in Great Britain."The government of Romania is interested in strengthening the Strategic Partnership with the United Kingdom of Great Britain and Northern Ireland on all levels of bilateral interest, adjusted according to the current challenges and opportunities. The Romanian community in the United Kingdom is quite a strong one, and the promotion of the rights of our fellow nationals represents a vital pillar of bilateral cooperation," said Ciolacu, as cited in the release.This is the first visit of a Romanian prime minister to the United Kingdom of Great Britain and Northern Ireland in 17 years, the Executive notes.The official delegation will include Foreign Affairs Minister Luminita Odobescu, National Defense Minister Angel Tilvar, Minister of Economy, Entrepreneurship and Tourism Radu Oprea, Energy Minister Sebastian Burduja, honorary advisor and EP Vice-President Victor Negrescu, and state advisor Nicolae Comanescu.***The Romania - UK bilateral relationship is governed by the Strategic Partnership launched on June 26, 2003, revised in 2011 and updated on March 23, 2023 by a Joint Declaration signed by the two states' Foreign Affairs ministers.The Romanian community in the United Kingdom of Great Britain and Northern Ireland is estimated at over 1.2 million.Romania is represented in the United Kingdom through the Embassy in London and three Consulates General in London, Manchester and Edinburgh. Steps are currently being taken to operationalize the Consulate General in Birmingham and a consular office in Belfast, to serve Northern Ireland.According to the release, the United Kingdom of Great Britain and Northern Ireland is one of Romania's most important trading partners, and the first in the ranking of the countries with which Romania is running a trade surplus (1.6 billion euros in 2023, and one billion euros in the first seven months of 2024).Total trade exchanges in 2024 are estimated at over 4 billion euros. In the first seven months of 2024, provisional data indicate a trade amount of 2.42 billion euros, marking an 8.84% increase in bilateral trade. According to the National Trade Registry Office, as of June 30, 2024, there were 7,011 trading companies with British capital registered in Romania.
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 […]
