December 1, 2021 On behalf of the United States of America, I congratulate the Romanian people as you celebrate Great Union Day, the anniversary of the unification of your country. Romania and the United States enjoy a longstanding partnership built on shared values, common interests, and strong people-to-people connections. We are proud to stand alongside Romania as NATO Allies, working together to overcome the threats and challenges of today and tomorrow, in both the Black Sea region and beyond. We thank Romania for its steadfast commitment to defending peace and freedom around the world, including in Afghanistan. We look forward to building on Secretary of Defense Austin’s visit to Bucharest in October, Foreign Minister Aurescu’s visit to Washington, D.C. in November, and our recent successful Strategic Dialogue. President Iohannis’s announcement at COP26 that Romania will be one of the first to deploy a small modular reactor based on U.S. technology is a great example of the promise and potential for even greater collaboration between our two nations. I wish the people of Romania a happy national day and peace and prosperity in the year ahead. https://www.state.gov/romania-
Romanians are worse off now compared to 6 months ago, and 2026 will also be difficult, but from 2027 and then on, there is hope, said president Nicusor Dan during an interview with Romania TV. The government targets a deficit of 8.4% of GDP this year, marginally below 8.65% of GDP in 2024. To tackle […]
Imran Vilcassim, Chief Commercial Officer, Digital Platforms at BPC, explores how Romania’s booming digital payments outpace merchant readiness and why mobile POS is emerging as the practical solution. Romania’s digital payments volumes are rising fast, but merchant infrastructure isn’t keeping up. Independent market models estimate total digital payments will reach nearly
The attributes needed to reach the top of the business hierarchy, how to motivate and support the teams one works with, and how to tackle the unavoidable challenges that arise along the way were among the topics discussed at the event Inspiring Women in Business, organized by La French Tech Bucharest. Making it to a […]
More than half of the elderly people in urban areas in Romania face loneliness, and almost 310,000 of them experience it at a high level, according to a study conducted by the Association Never Alone, Friends of the Elderly, in partnership with Kantar Romania. The study, carried out in August 2025 on a representative sample […]
Square 7, part of retail park investor M Core, officially inaugurated its new Bucharest office last week, marking an important milestone for the company. More than 150 guests joined the event, including partners, collaborators, and team members. M Core is a family of property investment and management companies comprising LCP, Sheet Anchor, Proudreed, and Sheet […]
Real estate developer Hagag Europe Development has expanded its Romanian operations into the energy sector with the acquisition of BTD Distribuție și Furnizare, a local company specializing in natural gas infrastructure, distribution, and supply. The company has opened a new local division - Hagag Energy - and announced plans to invest more than EUR 400 […]
