On Monday, President Klaus Iohannis will receive the President of the Swiss Confederation, Ignazio Cassis, at the Cotroceni Palace, the two heads of state following to discuss the current status and proposals for strengthening bilateral relations and economic and sectoral cooperation, with an emphasis on boosting investments and identifying new areas of collaboration.According to a press release of the Presidential Administration sent on Sunday, the two presidents will also have an exchange of views on current topics on the international agenda, including the development of the Russian Federation's war of aggression against Ukraine, humanitarian aid measures for the Ukrainian population and refugees, the implications of the conflict in terms of energy, as well as in terms of global food security.According to the same source, Romanian-Swiss multilateral cooperation will also be on the agenda of the discussions, including from the perspective of Switzerland's future mandate as a non-permanent member of the UN Security Council, which it will exercise in the period 2023-2024.From the perspective of the European agenda, the framework of relations between the European Union and the Swiss Confederation will be addressed, as well as the granting of the second financial installment of the Swiss contribution to the cohesion fund of the European Union.The signing ceremony of the Romanian-Swiss Framework Agreement will take place at the Cotroceni Palace, which will operationalize the second Swiss financial contribution to reduce economic and social disparities in the European Union.The official visit of the President of the Swiss Confederation to our country takes place within the framework of the high-level Romanian-Swiss bilateral dialogue, which has experienced increased dynamics in recent years.The programme of President Ignazio Cassis will also include a meeting with Prime Minister Nicolae Ciuca, at the Victoria Palace.During the evening, the President of the Swiss Confederation will also be received by Her Majesty Margareta, the Custodian of the Crown, at the Elisabeta Palace.
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 […]
