The European Commission is giving the greenlight to Romania's National Plan for Recovery and Resilience, said the President of the European Commission, Ursula von der Leyen, during a joint press conference with President Klaus Iohannis and Prime Minister Florin Citu.Today, the European Commission is giving the greenlight to Romania's National Recovery and Resilience Plan. This is following a meticulous evaluation and a very good cooperation and I want to congratulate you for this and thank you for your cooperation, said the head of the Community executive.She added that Romania's Plan answered some "very rigurous criteria"."I really commend you for working on the minimum inclusion income, very important here too support the most vulnerable people and the low income households, and if I look at the whole set of reforms, I see that you are also reforming your education system. The next generation definitely deserves it," said Ursula von der Leyen.She said the approval granted on Monday represents an "important milestone"."By no means is this the end of the journey, and in some sense the hard work begins now. Now it is about implementing and delivering the Plan," said the senior official, who added that she will stand with the Romanian authorities every single step, ensuring that money is used in line with has been agreed."I want to emphasize how grateful I am that we had an excellent cooperation over the last weeks and months. It was a tough piece of work to get this Plan going. Like with any other member states' [plans, ed.n.], there is a lot of innovation in it, there is a lot of new topics in it and it is hard work, really, to match reform with investment and the milestones we have a greed on to deliver", the president of the European Commission added.She spoke, in relation to the Romanian authorities responsible for Romania's National Recovery and Resilience Plan, of "excellent working conditions" and "trust"."We have gone through ups and downs in developing the Plan and we know exactly what is necessary. Now, looking forward, there is a reason that there are targets and milestones, in every Plan, so also in the Romanian one that have to be met for the next tranche to be disbursed," said Ursula von der Leyen. Thus, she spoke of a control system that ensures that "EU taxpayers' money is invested in the right sense."
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 […]
