Prince Charles of Wales, who is on a visit to Bucharest on Wednesday, met with Prime Minister Nicolae Ciuca at the Victoria Palace of Government, discussing Romania's security situation against the backdrop of the Russian invasion of Ukraine, as well as its green and renewable energy policies, the government said in a release.The concerns expressed by His Royal Highness were mainly over the threat to the world food security posed by the Russian blockade of the ports of Odessa and Mykolayiv.The visiting senior royal was also interested in Romania's green and renewable energy policies and its approach to reducing carbon dioxide emissions."His Royal Highness recommended his Sustainable Markets Initiative as a solution to bringing together companies that have engaged in commercial activities to reduce pollution and carbon dioxide emissions," the government said.Prime Minister Nicolae Ciuca gave an extensive presentation of Romania's efforts to support Ukraine in every way: taking in refugees, supporting internally displaced Ukrainian citizens and those who defend their country, supporting Ukrainian grain exports.The head of the Bucharest government also presented an assessment of the on-site military situation in Ukraine and of the prospects and threats generated in the Black Sea region.Nicolae Ciuca expressed Romania's openness to supporting green energy investments, especially offshore wind projects British companies are expected to invest in in the next period.During the meeting, the Prince of Wales voiced his special appreciation for the support provided by the Romanian citizens to Ukrainian refugees, as well as for the Romanians' manifestation of solidarity and sympathy which have impressed the entire world. His Royal Highness also conveyed the appreciation enjoyed by the Romanians who live in the UK and who contribute through their work to the well-being and economic development of their adoptive communities.In this context, Premier Ciuca underlined the importance of supporting the Romanian community in the UK by protecting their legal rights, the government release states.
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 […]
