Prime Minister Marcel Ciolacu urged on Thursday independent Victor Ponta to bow out of the presidential race after the latter revealed that in 2014, as prime minister, he had agreed "to flood Romanian villages in order to save foreign cities.""To calmly admit - years on - that you, as Romania's prime minister, agreed to flood Romanian villages in order to save foreign cities and to boast that, as a reward you received the citizenship of another state, clearly shows that playing sovereignism has gone awry! Whatever excuse you invoke, every citizen of this country expects an official - whether president, prime minister or anything else - to defend their own country and fellow citizens! Under no circumstances would anyone believe you are a sovereignist and that you are going all the way for your people and country! Victor, at least make a wise decision now! Withdraw from the race," Ciolacu wrote on Facebook."Redeem yourself at least in the twelfth hour for the huge mistake you made back then! At least now, truly put Romania first," said Marcel Ciolacu.Victor Ponta told a podcast on Wednesday that he received Serbian citizenship for having "overridden in 2014 other Romanian authorities and ordered the opening of the Portile de Fier dam sluice gates to prevent Belgrade from getting flooded."On Thursday he wrote on Facebook that the biggest floods in Europe in the last 120 years occurred in 2014, causing victims and huge destruction, and that Romania, as a good neighbor, helped the countries in danger.
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 […]
