Cooperation between Romania and the Republic of Korea in the field of heavy and defence industries represents a strategic opportunity for both countries, in the context in which the volume of bilateral trade saw a significant increase in recent years, exceeding one billion euros in 2024, stated the president of the Chamber of Commerce and Industry of Romania (CCIR), Mihai Daraban.According to a press release sent on Friday, the president of the CCIR had, on May 15, an official meeting with Jae Rak Kim, vice president of Hyundai Heavy Industries, as part of the National Chamber's strategy to promote foreign investments in economic sectors with high added value.The dialogue between the two organizations represented a significant opportunity, including in terms of promoting the capacities of the Romanian heavy and defence industry on markets outside the European Union and, at the same time, supported the CCIR's strategic objective of internationalizing Romanian business, the same source specifies.During the discussions, the CCIR head presented in detail the potential of the Romanian naval industry, as well as the advantages of our country's geostrategic position, emphasising that "despite the difficult period it is currently going through, Romania has remarkable potential both economically and in terms of highly qualified personnel."For his part, Jae Rak Kim, vice president of Hyundai Heavy Industries, emphasised that, following thorough documentation, Romania is "a very serious business partner, with a very well-prepared business environment and, at the same time, a solid tradition in heavy industry."In his opinion, these are essential elements for the development of complex projects in this field. "We are convinced that this relationship must be capitalised on and transformed into a strategic partnership beneficial to both parties," Jae Rak Kim pointed out. (Photo: https://ccir.ro/)
Every year, on the third Thursday of November, France celebrates the arrival of the Beaujolais Nouveau — the first wine of the harvest, young, fresh, and full of life. This joyful tradition has become a global symbol of conviviality, elegance, and the French art de vivre. In Bucharest, the celebration continues this year with an […]
The Romanian Football Federation (FRF) announced Bucharest’s candidacy to host the Europa League final in 2028 or 2029 at the National Arena, according to the FRF official website. The Europa League final represents a high-profile sporting event on a European scale. Istanbul will host the Europa League final in 2026, followed by Frankfurt in 2027. […]
Three cats from Romania received the top distinctions during the 2025 World Cat Championship held in Bucharest. Wild Forest’s Nordri, an imposing white Norwegian Forest Cat born in Romania, conquered the supreme title of 2025 World Champion, defeating over 750 cats from 35 countries. Nordri’s son, Wild Forest’s Quasar, aged 7 months, was also named […]
A report by the Romanian Court of Accounts, conducted between April and November 2024, which analyzed the organization and functioning of communes and small towns in relation to the population served, shows that, depending on the number of inhabitants, many towns and communes no longer meet the criteria for inclusion in their respective categories. According […]
An association of construction companies from Romania and Bulgaria has won the contract for building the first section of the A8 Târgu Neamț – Iași – Ungheni highway, with a bid of 4.76 billion (EUR 936 million). The contract for the 27-kilometer road can be signed within ten days if no appeals are filed. “The […]
The organizer of the march commemorating 10 years since the Colectiv club fire tragedy, Marian Rădună, was fined RON 3,000 (EUR 600) by the gendarmes because the demonstration exceeded 11:00 PM, the time set in the authorization. Approximately 200 people participated on Thursday, October 30, in the march commemorating 10 years since the tragedy at […]
