President of the Republic of Moldova Maia Sandu invited on Monday Romanian companies to invest in the EU hopeful, telling the Economic Forum "Investments - Development - European Integration" taking place in Chisinau that Moldova will receive 1.9 billion euros worth of financing for investment development, a facility Romanian companies can also benefit from."This year, under the European Union's Growth Plan, Moldova secured an ambitious investment package of 1.9 billion euros dedicated to modernizing the economy, developing infrastructure and preparing accession. It is also a concrete opportunity for European companies, Romanian businesses in particular, which enjoy the advantage of language, proximity and an already consolidated relationship. I therefore extend an open invitation to Romanian companies to contribute to the transformation of the Republic of Moldova, to be part of a growing economy which is gradually joining the European market it is increasingly connected to," said Sandu. She added that Romania is not only the Republic of Moldova's strategic partner, but also its soul partner.The leader from Chisinau emphasized that the Republic of Moldova's path towards the European Union passes, without a doubt, through Romania."Romania is not only our strategic partner, it is also our soul partner. No other country has invested more, believed more and constantly supported us more in our European journey. Our path towards the European Union passes, without a doubt, through Romania, including through the companies, institutions, support and trust offered by our partners across the Prut," said Maia Sandu.The Moldovan President also said that Romania is "the number one investor in the Republic of Moldova" and that "the Romanian economic presence is solid and diversified"."Today, Romania is the number one investor in the Republic of Moldova. The Romanian economic presence is solid and diversified, from green energy to logistics, IT, furniture, sustainable agriculture or education, but the changes we have implemented in recent years in Chisinau show that we can do even more. The Republic of Moldova is an open, connected and European economy, and in the not too distant future it will also become a member of the European Union. The access of companies from the Republic of Moldova and from the region to an enlarged market is already a reality, through our free trade agreements with the European Union, the United Kingdom, Turkey, Ukraine and the Western Balkans, and the Free Trade Agreement with the European Free Trade Association - EFTA, which includes Norway, Iceland, Switzerland and Lichtenstein, has also entered into force as of April 1 this year. These trade openings go hand in hand with concrete actions to modernize the economy, digitalize the administration, reduce red tape, develop infrastructure, actively support SMEs and a competitive tax regime. All contribute to a clear, predictable and attractive business environment," Maia Sandu said.
President Nicușor Dan has nominated Senate president Ilie Bolojan, a leader of the National Liberal Party (PNL) and former interim president, for the prime minister seat. Dan said Bolojan is “the best person to carry out the needed adjustments in the state administration.” He pointed to Bolojan’s track record with reducing spending, and said he has […]
Balkanik Festival – Home of World Music, set to take place at Uranus Garden between September 5 and September 7, lines up this year artists who "celebrate that form of joy that does not ignore reality, but faces it with beauty, energy, and solidarity," the organizers said. The artists performing in September in Bucharest will […]
The mayor of Timișoara, Dominic Fritz, announced on Friday, June 20, that two new bridges over the Bega River will be built in the city. The bridges will be financed with EU-backed funds worth over RON 130 million. The bridges in question are the Solventul Bridge, which will connect Gării Street to Dâmbovița Boulevard and […]
A Sarmatian necropolis nearly 2,000 years old was discovered after archaeological excavations were carried out at the Mehala II site in the municipality of Timișoara, in western Romania. Researchers discovered 15 inhumation graves, most arranged in rectangular pits with rounded corners, although some no longer retain their original outline, having been disturbed by the passage […]
The George Enescu Philharmonic Orchestra will deliver on June 26 a concert marking Romania Day at the Osaka World Expo. Additionally, the Bucharest-based orchestra will present a series of other concerts and recitals, both within the Romanian Pavilion and outside, at Toyonara Hall in Osaka. The George Enescu Philharmonic Orchestra's concerts will be conducted by […]
Sphera Franchise Group, the largest food service group in Romania, has opened its first Cioccolatitaliani store in the seaside resort of Riccione, in Italy’s Rimini tourist area. This marks the official launch of Sphera Group’s development plan for the premium Italian brand of coffee, gelato, and pastry. Under the plan, it will open four locations […]
