Greece is interested to expand economic cooperation with Romania in vital sectors for both countries, such as health, energy, transport, constructions, food industry and agriculture, informs the Ministry of Finances.According to a post on the Facebook page of the institution, the minister of finances, Marcel Bolos received on Wednesday the visit of the delegation of the Embassy of the Hellenic Republic to Romania, both states having, besides the geography which determines common projects and strategic collaboration both in the EU and in the NATO. To start, the ambassador of the Hellenic Republic to Romania, Evangelia Grammatika welcomed the efforts of the authorities in Bucharest in favour of accession of Romania to the Schengen Area and OCED. Similarly, she manifested the support of the government in Athens in reaching the objective of accession to OCED which would give Romania financial stability and the guarantee of a safe destination of foreign investors."In order to ensure sustainable economic growth, Romania is considering a predictable fiscal framework to attract foreign investors and vital projects with a major impact on the economy, such as transport, hospital and education infrastructure," Finance Minister Marcel Bolos said in the MF press release. At the same time, Evangelia Grammatika expressed its willingness to expand bilateral economic cooperation in sectors vital to Romania and Greece, such as health, energy, transport, construction, food industry and agriculture. In order to achieve these objectives, Minister Marcel Bolo? expressed his openness to attract foreign investment. With 8,678 companies registered in Romania, Greece ranks 7th in terms of the value of capital subscribed in the list of countries investing in Romania.
Romanian prime minister Marcel Ciolacu stated during an interview on Thursday, October 17, that Romania will surely join the Schengen Area with its land borders this year. Ciolacu blamed the delays in joining the border-free area on his predecessor and current competitor for the position of president of Romania, liberal leader Nicolae Ciuca. "We have […]
Italian group Artsana SpA decided to close down in November the factory it operates in northeast Romania, in Botoşani, according to documents consulted by Economica. It employs 261 people there and produces parts for the global group Chicco. The...
Zalakerámia, a Hungarian ceramic tile maker part of the Austrian group Lasselsberger, is considering moving some production facilities from Hungary to Romania, most likely to Cluj, where the Austrian group already owns production facilities, Profit...
The Polish electronic recycling group Polish Elemental Holding entered the Romanian market by taking over an 80% stake in the small-sized local player, ACC Recycling Services. It also announced it is developing a EUR 20 million factory in Deva, according to Ziarul Financiar. The project is partly financed...
Two Romanian electricity utility companies, Electrica (BVB: El) and Renovatio Trading, will receive EUR 6.4 million in grants under a EUR 103 million scheme financed under the National Recovery and Resilience Plan (PNRR) to develop power storage capacities of 130MWh. The Romanian electricity distributor and supplier Electrica (BVB: EL) will receive EUR 3.4 million for […]
The new European Commission must come up with "a much more sustainable approach for the car industry" because otherwise, in the next two years, a large number of jobs will be lost, Romanian prime minister Marcel Ciolacu said on October 17. The Romanian prime minister emphasized that the engine of the European economy is this […]
