05.03.2023

The European Commission on 2 May adopted exceptional and temporary preventive measures on imports of a limited number of products from Ukraine under the exceptional safeguard of the Autonomous Trade more

04.04.2023

Romania has been a strong performer among emerging economies, though periods of economic overheating have caused concern at times, but economic perspectives have deteriorated significantly since the more

01.31.2023

Romania and five other European Union (EU) Member States call for compensation for damages due to the cheap wheat from Ukraine, left on European territory, affecting their own sales. more

12.15.2022

The war that broke out in Ukraine in February led to a record number of Ukrainian-held companies established in Romania this year, with trade and IT & C as the most active sectors. more

11.18.2022

The European Commission has approved an aid scheme worth approximately EUR500 million (RON 2.5 billion) notified by Romania to support businesses across all economic sectors in the context of the war more

09.26.2022

The war in Ukraine has caused entrepreneurs in major industries to reduce production and sales forecasts for the next two years, according to international rating agency Standard&Poor’s (S&P) Global more

09.09.2022

The European Commission (EC) has approved a Romanian aid scheme worth EUR4 billion to support the companies affected by Russia’s invasion of Ukraine. more

09.06.2022

The summer 2022 Standard Eurobarometer survey shows increased trust of citizens in the European Union (EU) and continued strong support for the EU's response to the Russian aggression against Ukraine. more

08.29.2022

Join Up Romania, part of the Ukrainian Join Up group, will begin operations on the local market this fall, by selling its first holiday packages. more

07.11.2022

The volatility that engulfed the international capital markets at the beginning of 2022 has continued to take its toll on the first half of the year, at the end of which most stock indices were in red more

06.28.2022

The first commercial exchanges with electricity with Ukraine and the Republic of Moldova, after the synchronization with the European network, will be carried out starting Thursday (June 30), on the more

05.06.2022

Most Romanians believe that since the war started in Ukraine, the EU has shown solidarity (78%) and has been united (70%) and fast (64%) in its reaction, according to a Flash Eurobarometer survey. more

03.24.2022

The conflict in Ukraine is impacting the way Romanian companies, especially those involved in international trade, do business during this period, with the number of firms resorting to risk management more

03.08.2022

Wine producer Purcari, with vineyards and wineries in Romania and the Republic of Moldova, announced at the Bucharest Stock Exchange its activity has not been significantly disrupted by the crisis more

03.03.2022

The European Union's dependence on Russian gas must end and countries must insist more on alternative energy sources, Romania's President Klaus Iohannis told a joint news conference with European more

03.02.2022

The European Commission (EC) on Wednesday approved the establishment of a humanitarian corridor for Ukraine, an initiative promoted by Romanian MEP Victor Negrescu and backed by some 90 MEPs. more

03.01.2022

President Klaus Iohannis said on Tuesday, in the context of Russia’s invasion of neighboring Ukraine, that Romania would increase the government expenditure on defense to 2.5% of gross domestic more

07.25.2016

Romanian natural gas transmission company Transgaz (TGN.RO) concluded two interconnection agreements with operators of gas systems in neighboring countries Bulgaria and Ukraine. more

06.19.2014

KMG International NV, a unit of Kazakhstan’s state-run KazMunayGas, is asking for upfront payment for fuel deliveries to Ukraine, amid growing economic instability in the country following tensions more

05.28.2014

DAAS Romania, supplier of equipment and services for the HoReCa (Hotels, Restaurants, Catering) sector and food retail industry, has opened an office in Chernivtsi (Ukraine) in the first quarter of more

03.10.2014

Romania’s economy is unlikely to experience significant difficulties following a potential debt payment default in Ukraine or commercial sanctions on Russia, according to estimates from lender BCR. more

02.21.2014

The turmoil in Ukraine, where more than 100 dead had been reported by Thursday night and political violence seems to have no end in sight, is not affecting Romania economically (its exports to this more

09.26.2013

Ukraine said Thursday that it has reached a preliminary hydrocarbon sharing agreement with a consortium comprising oil giants ExxonMobil and Shell, Romanian OMV Petrom (SNP.RO) and Ukrainian Nadra for more

04.30.2013

Austrian Erste Group Bank AG (EBS.RO) Tuesday said it has completed the sale of its Ukrainian subsidiary to the owners of Fidobank, a group of companies ultimately controlled by Ukrainian banker more

04.29.2013

Romanian building materials producer AdePlast, controlled by businessman Marcel Barbut, wants to expand production to Ukraine, where it plans to build two polystyrene and dry mortar production units more