President Klaus Iohannis welcomed on Monday the Minister of Foreign Affairs of the Republic of Serbia, Nikola Selakovic, on the occasion of the latter's visit to Bucharest.According to the Presidential Administration, the head of state stressed the importance of stimulating bilateral dialogue, including through an intensification of sectoral cooperation in various areas of common interest, such as mutual trade, infrastructure, energy, education and culture. In this context, President Klaus Iohannis appreciated the recent signing of the agreement between the two Governments on establishing the connection of the Timisoara - Moravita motorway and the Belgrade - Vatin highway.Also, the head of state welcomed the signing on Monday, by the heads of diplomacy of the two countries, of the agreements between the two Governments regarding the granting of the property right over the "Luceafarul" building to Romania, respectively regarding the cooperation in the fields of education, science, culture, youth and sports."In terms of European integration, including in the context of the recent EU-Western Balkans Summit held in Brussels on June 23, 2022, President Klaus Iohannis reiterated Romania's support for the European integration process, the importance of aligning with the decisions of the Union and has expressed openness to provide technical expertise to the Serbian authorities," the Presidential Administration said.Regarding the current European security context, marked by the Russian aggression against Ukraine, the talks between the two officials also highlighted the common interest in ensuring regional stability and advancing the Western Balkan states in the process of joining the European Union.
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 […]
