Romanian President Klaus Iohannis stated on Wednesday during a press conference in Belgium that negotiations for Romania’s accession to the Schengen Area continue on all fronts, adding that the best option is for Romania and Bulgaria to enter the Schengen Area together. This contradicts Prime Minister Marcel Ciolacu, who suggested that Bucharest might consider decoupling from Bulgaria. The head of state stated that “negotiations for Romania’s accession to the Schengen Area continue on all fronts” and thanked Belgium for its support. “Negotiations for Romania’s Schengen accession are ongoing, and they are not happening at a low level; all of us are very involved, and we are all trying to convince, especially the Austrian side. The negotiations continue on all fronts, and of course, they are being discussed more informally than formally, and different variants of how to proceed are being considered. It is not difficult to see that there are few options: either we enter together with Bulgaria, or neither enters, or one enters and the other does not. By far, the best option is for Romania and Bulgaria to enter together, and that is the common goal of all negotiations and efforts to convince those who are still hesitant in this matter,” he explained. A day earlier, Prime Minister Marcel Ciolacu stated in an interview with Bloomberg that he would ask the Spanish government, which holds the rotating six-month presidency of the European Union, to convene an extraordinary JHA Council meeting in December to reexamine Romania’s Schengen Area candidacy.
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 […]
