U.S. President Biden will welcome President Klaus Iohannis of Romania to the White House on May 7. The leaders will celebrate Romania's 20th year as a member of the NATO Alliance, press secretary Karine Jean-Pierre announced on Monday, according to the White House website.According to the quoted source, President Biden will thank President Iohannis for hosting U.S. servicemembers in Romania, and recognize the many contributions that Romania, a stalwart NATO Ally, has made to security on NATO's eastern flank, particularly in the Black Sea region.The leaders will underscore their continued support for Ukraine as it continues to defend itself against Russia's aggression. They will also review the many areas in which Romania and the United States work together, including energy, economic cooperation, and our shared democratic values.Klaus Iohannis will receive on May 8, during a ceremony in Washington, the Distinguished International Leadership Award granted by the Atlantic Council for his outstanding career, for Romania's exemplary leadership and for his role as a transatlantic and European leader, according to the institution's website.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
