Romanian Senate Chairman Nicolae Ciuca says Iraq can count on Romania's support in reforming its state institutions, but also in its economic reconstruction.Ciuca on Monday welcomed a parliamentary delegation from Iraq led by Dylan Ghafour Saleh, chairman of the Foreign Policy Committee of the Iraqi legislative body."To Romania, the security of this traditional trading partner is essential for the stability of the Middle East region. Iraq is a major producer of oil and gas, with which we could resume energy co-operation. I told Iraqi lawmakers and committee chairman that Iraq can count on our support in reforming state institutions, but also in rebuilding the country's economy. The Iraqi side wants to deepen trade co-operation by importing grain from us and attracting Romanian investment to their country," Ciuca wrote in a social media post on Monday.He added that, diplomatically, Romania facilitates dialogue between Iraq and the EU and NATO on business and security issues."Romania already has an active and visible contribution to Iraq's stability through our military presence there. I know the situation closely, as I took part as a general in the Antica Babylonia mission carried out in Iraq in 2004, when I led Romanian troops in the first battle that actively involved Romanian soldiers after 1945," Ciuca added.
The shares of four other companies listed on the Bucharest Stock Exchange (BVB) will be included in the MSCI Frontier, MSCI Romania, MSCI Frontier IMI and MSCI Romania IMI. Romania will thus have 30 listed companies part of the MSCI indices as of June 1, 2024. The shares of telecom group Digi Communications (DIGI)...
DP World announced on May 15 the opening of three new sites in Romania, following total investments of over EUR 130 million. The company said the projects aim to provide “a significant boost to the country’s growing status as a key hub of European trade.” Thus, Constanta, the largest container port on the Black Sea, […]
Measuring the confidence of Romanian managers and entrepreneurs in the local economy for over 4 years, the results of the 10th edition of the CONFIDEX study highlight the optimism, resilience, and adaptability of the Romanian business environment. According to the CONFIDEX study from the first semester of this year, the proportion of managers who declare […]
Alternative investment fund BT Property said on May 15 that it acquired Funshop Park Turda, Cluj county, from the Polish group Scallier. The transaction marks the fund's entry into the retail market, where it aims to expand. Funshop Park Turda retail park has over 9,000 sqm of leasable area and BREEAM-certified buildings, according to international standards. BT Asset […]
Attractive Romania/România Atractivă was launched this week with the aim of offering local and foreign tourists a new tool to explore the country. The multimedia platform includes 12 thematic routes in 35 counties, listing 275 landmarks to discover. The program, with a value of over RON 36.3 million, is part of the National Recovery and Resilience […]
It’s a packed agenda this week, with film festivals, art and jewelry fairs, events for foodies, the start of the light and music show at Bucharest’s Unirii fountains, and an anniversary but slimmed-down edition of the Night of Museums. The public in Iași can attend the events of the Romanian Creative Week, while theater fans […]
