President Klaus Iohannis will participate on Monday in an informal European Union leaders' retreat on defence issues, which will take place in Brussels, where he is also scheduled to discuss European defence and the transatlantic relationship.According to the Romanian Presidential Administration, in his remarks, Iohannis will voice support for the need for the European Union to take up increased responsibility for its own defence, "efficiently, credibly, responsibly and in complementarity with NATO, which remains the foundation of Euro-Atlantic security."Iohannis will also highlight the importance of deepening cooperation at the level of the European Union on defence issues, the economic dimension of defence, the efficient use of financing mechanisms and options, the need to develop the European defence industrial and technological base, as well as the connection of this field with the overall competitiveness and cohesion of the European Union.He will also underline the key role of the transatlantic relationship and global partnerships in increasing the resilience of the European Union on this level.EU leaders' discussions will focus on concrete ways to strengthen defence capabilities at European level, preparing and substantiating the formal decisions to be taken moving forward.Also addressed will be the importance of the transatlantic relationship and the Strategic Partnership between the EU and the US, the relationship between the EU and the United Kingdom, the European Union's partnerships in the field of defence, as well as the complementarity between the EU and NATO in terms of security and defence.The debates also aim to identify some basic principles necessary for the design and passage of a programmatic document related to the future of European defence - the "White Paper", to be drawn up in the first part of 2025 by the European Commission. The document will also address the EU's defence capability priorities, also taking into account the support needed for Ukraine, joint defence initiatives and the resources needed to develop them.In addition to consultations among the national leaders of the member states, there will be an exchange of views with the President of the European Parliament, Roberta Metsola, a meeting with Secretary General of NATO Mark Rutte, and a meeting with the British Prime Minister, Keir Starmer.
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 […]
