Romania’s accession to Schengen (land borders) as soon as possible is in Hungary’s national interest, stated the head of diplomacy in Budapest, Peter Szijjarto on Monday in front of the commission for national cohesion of the parliament adding that the government he is part of hopes that this will happen before the end of the Hungarian presidency of the EU Council (31st December), says the Hungarian news agency MTI.He showed the difficulties resulting from the fact that Romania is not fully part of the Schengen area, Szijjarto saying that ‘Romania took all necessary preparation measures’ in order to be accepted, as the Brussels experts’ evaluation showed, and the almost unanimous support of the EU members. When referring to Austria’s refusal to support Romania’s accession to the Schengen area, the Hungarian minister said that this is an exemple of applying double standards. ‘ Usually, when we refuse to support something, this is immediately seen as a breach of the ideals of the founding fathers and a shocking dissidence towards the European unity (…) but, when a Western European country does the same thing, it is considered the legitimate implementation of the rights coming from the EU treaties’ stated Peter Szijjarto.He said that the Hungarian government is in permanent consultations with Austria, but ‘the domestic situation in Austria has become unstable after the recent elections which were not won by the forces governing until now.Even so, the winner is not given the chance to form a government’ he added.Szijjarto stated that Hungary is among the supporters of the European action for Romania and Bulgaria to access fully the Schengen area as soon as possible. Romania’s accession would be, similarly, ‘in complete accordance’ with the interests of the Hungarian community of Romania, the Hungarian minister said.
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 […]
