Romania - Sri Lanka maritime trade cooperation is essential, given the geographical position of the two countries, is the opinion voiced by president of the Romanian Chamber of Commerce and Industry (CCIR) Mihai Daraban at a meeting on Wednesday with Minister of Foreign Affairs of the Democratic Socialist Republic of Sri Lanka Ali Sabry, on the sidelines of the official visit to Romania by representatives of the Sri Lankan government.Referring to ways of boosting trade relations with Sri Lanka, the CCIR president emphasized that the geographical position of the two states "essentially shapes" their maritime cooperation."Sri Lanka is a maritime trade hub in the South Asian region, with trans-shipping accounting for 75 percent of the activity of the Port of Colombo. At the same time, Romania, through Constanta Port - the only left functional at the Black Sea - is the gateway for goods entering Central and Western Europe. It is worth noting that over 170 Sri Lankan companies are present in our country, and we consider them to be true ambassadors of this state to Romania, which, together with domestic businesses, can bring added value to the economies of the two states," said Daraban.In his turn, Sri Lanka's Foreign Minister Ali Sabry stated that due to its access to the Black Sea, but also to the fact that it is a EU member, Romania represents a major interest for the economic development of the South Asian island state.Today, relations between the EU and Sri Lanka are governed by a comprehensive cooperation agreement on partnership and development, which came into force in April 1995. Thus, the EU became Sri Lanka's second-largest trading partner after China and its second main export destination, absorbing 22.4 percent of Sri Lanka's exports in 2020. At today's meeting with the CCIR management we identified real business development opportunities for Romanian and Sri Lankan entrepreneurs. For us, the connection we established with CCIR - Romania's most important business promotion vector - is essential, said Ali Sabry.
Chimcomplex, a producer and supplier of chemicals, has appointed Ștefan Vuza as Chief Executive Officer. The decision aims to “ensure direct coordination of the transformation process underway at Chimcomplex and to strengthen the company’s ability to navigate an economic context marked by strong pressure on competitiveness,” the company said. Chimcomplex, specializing in polyols, chlorosodium, and […]
FIRST, a new Romanian-developed digital real estate platform, launched on the local market with a technology-driven system that, the company says, is designed to help users make faster, more informed property decisions. Available as of this autumn, the platform uses updated data, advanced search filters, and lifestyle-based presentation tools to give buyers and renters clearer […]
Cargus, the first courier company on the Romanian market, is expanding its Ship & Go out-of-home delivery network through a new partnership with Carrefour, adding nearly 450 pick-up and drop-off points inside the retailer’s stores. More than 150 Carrefour hypermarkets, supermarkets, and Express locations will join the network by the end of this year, with […]
Romania’s national railway operator, CFR Călători, will introduce its new 2025–2026 timetable on December 14, adding direct Budapest–Bucharest services and restoring the Vienna Westbahnhof connection as part of a broader update to international and domestic rail operations. The new schedule, valid until December 12, 2026, includes more than 1,150 daily trains. ...
The average price per square meter requested by real estate developers and owners for residential units in Romania increased by 15% in 2025, with the highest rise seen in Craiova, according to a survey conducted by Imobiliare.ro, as reported by Profit.ro. ...
Authorities in Prahova County announced on Monday the full resumption of water supply in all 13 towns and communes that had been left without drinking water for more than a week due to problems at the Paltinu Dam, Bursa.ro reported. Residents, however, have been warned that the water is not yet safe for consumption...
