Romania and Kazakhstan could develop their bilateral trade by accessing the Black Sea on the East-West axis, which would facilitate access for Kazakh entrepreneurs to European markets, the president of the Chamber of Commerce and Industry of Romania (CCIR), Mihai Daraban said.He had an official meeting in Astana on Monday with the president of the Atameken International Chamber of Commerce of the Republic of Kazakhstan, Murat Karimsakov.According to a CCIR press release, the discussions highlighted the desire of both parties to intensify bilateral cooperation, with an emphasis on the transport, agriculture and energy sectors, given the existence of a traditional economic relationship between companies from Romania and Kazakhstan."There are several Romanian companies working in Kazakhstan as subcontractors of the KazMunayGas company, but it is difficult to quantify the exact value of trade between the two countries, as long as Romanian products are present on the Kazakh market in finished form, thus entering the accounting of other countries. Together with President Atameken, we have established as a priority for the development of bilateral trade access to the Black Sea on the East-West axis, which will facilitate access for Kazakh entrepreneurs to European markets," said Mihai Daraban.According to him, another economic opportunity between the two countries is the food industry, by opening lines for processed products."Once the military conflict in this area ends, it is very possible that we will witness a decrease in grain prices. It is very important that, in the future, business people from Romania and Kazakhstan have as many business-to-business contacts as possible, as efficient exchanges of information as possible, thus conferring a high degree of mutual trust", the president of the Romanian Chamber of Commerce and Industry also said. (Photo:https://ccir.ro/)
Romanian cosmetics company Caress Society has announced plans to build a modern production facility in Filipeștii de Tîrg, Prahova County, with a total investment of RON 17.6 million (some EUR 3.5 million). The project will be co-financed through the Just Transition Program 2021–2027, with approximately 70% covered by EU funds and the rest from the […]
Romania ranks 36th globally by the size of central bank reserves, around USD 73 billion, according to The World Factbook, but based on 2024 data. The 36th place is the same as the country’s position by the size of its economy in the world, with GDP calculated at purchasing power parity. However, this year the […]
Romania has been officially selected to compete at Bocuse d’Or Europe 2026, marking the first time the country will take part in the world’s most prestigious culinary competition. There will be 20 participating nations at the European edition, which will take place in Marseille, France, in March 2026. The countries that qualify in Marseille will […]
The City Hall of Tășnad, located in Satu Mare County, north-western Romania, has received six bids for the construction of a new water park. The project is valued at RON 138.2 million (approximately EUR 27.2 million), and the building is scheduled to take 3 years. The water park, named Aquapark Transilvania Terme Tășnad, will cover […]
Libris and Save the Children Romania announce the launch of the seventh edition of the CarteTeca program, through which 50 school libraries across the country will be equipped with new books, supported by a total investment of RON 250,000. Registrations for this year’s edition open today, on the platform libris.ro/carteteca. To date, the project has […]
Half of Romanians fear that they will not be able to maintain a comfortable standard of living after retirement, according to the Retail Banking Radar report, produced by the consulting company Kearney. Romania is thus above the European average (47%). According to the report, as quoted by Bursa.ro,...
