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.
Over 136,000 non-EU citizens held residence permits for employment in Romania at the end of August this year, most of them coming from Nepal, Sri Lanka, Turkey, Moldova, and India, and two out of three immigrants live in Bucharest, Ilfov, Constanța, Timiș, and Cluj, according to a study conducted by the Economic and Social Council. […]
Romanian prosecutors conducted house searches in 12 locations in Bucharest and two in Târgu Mureș on Wednesday, November 26, in a case targeting former employees of bankrupt insurer Euroins. Specifically, the searches targeted 10 individuals who held executive management positions within Euroins, as well as the headquarters of legal entities controlled by the Bulgarian shareholders […]
Prices in Bucharest’s premium residential market have doubled over the past few years, reaching record highs amid a severe shortage of supply in the city’s most exclusive neighborhoods, Cushman & Wakefield Echinox said. Areas such as Primăverii, Kiseleff, Aviatorilor, and Dorobanți continue to dominate demand. Over the past 2 or 3 years, prices for premium […]
The Romanian Consulate in New York shared on social media the story of George Pomuț (George Pomutz, born Gheorghe Pomuț), the Romanian-American who facilitated the sale of Alaska to the US. Despite his role in US history, the Romanian is largely unknown today, the Consulate noted. Pomuț was born in the Hungarian town of Gyula, […]
Shares of Cris-Tim Family Holding (BVB: CFH) began trading on the Bucharest Stock Exchange on November 26 after an IPO worth RON 454.35 million (EUR 89.3 million) conducted last month. Cris-Tim is now the largest entrepreneurial company in the food sector on the BVB Main Market. The funds raised from institutional and over 8,000 retail […]
The Fabrica de Glucoză area is undergoing one of the fastest urban transformations in Bucharest, strengthening its position as one of the most dynamic residential and investment hubs in the northern part of the city. The modernization of infrastructure, the reconfiguration of the Dimitrie Pompeiu – Fabrica de Glucoză – Pipera axis, and the overall […]
