Romania has spent 51 million RON so far since the start of the conflict in Ukraine, and next week the documents will be submitted to Brussels to start settlements, Prime Minister Nicolae Ciuca said on Saturday, after the Cabinet meeting.( 1 EUR = 4.9491 RON)He added that the costs that Romania insures for Ukrainian citizens have also been established, these being 50 RON per day per person, for those who will be accommodated in the spaces provided by the state institutions and 100 RON per person, for those accommodated in other spaces than those mentioned above, the total amount made available from the reserve fund being about 208 million RON.According to the Premier, the meeting addressed the way in which the activities with the Moldovan authorities are coordinated for the creation of a green corridor, so as to facilitate the transit of Ukrainian citizens through the Republic of Moldova, making available means of transport to the Moldovan authorities and "of course by amplifying the necessary means and personnel to be able to process more easily the Ukrainian citizens at the border in Romania"."Last night we have empowered, by the CNSU (National Committee for Emergency Situations)'s decision, that the Department for Emergency Situations to start preparing for the organization of a humanitarian hub in Romania, in Suceava. For this, I have spoken to President Klaus Iohannis, to the President of the European Commission, Ursula von der Leyen, and also to Commissioner Ylva Johansson, Commissioner for Home Affairs. We are convinced that this hub, under the coordination of the authorities in Brussels, will be able to facilitate and ensure the coherence of the entire effort that is being made to help the Ukrainian citizens and in this way I want to emphasize: the contribution of the Romanian authorities is significant," the prime minister pointed out.
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 […]
