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Mihai Daraban, President of the Chamber of Commerce and Industry of Romania: “I am convinced that Expo Astana will be a great success”

December 7, 2016

Kazakhstan is the Central Asian country with the strongest economic and diplomatic ties to Romania and the two countries engage in continuous political dialogue and regular high-level meetings. The relationship is of strategic importance to Romania. The main area of cooperation between Astana and Bucharest is the energy sector and related industries. Central Asia is […]

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Romania boasts largest number of casinos after the US

Romania has 454 casinos, which places the country right after the United States, which hosts 2,147 such places and over 600 casino hotels, B1tv.ro reported. Bucharest ranks as the second city, after Las Vegas, in terms of the number of casinos per population....

Liberal candidate leads in poll for Bucharest mayoral elections

The candidate of the National Liberal Party (PNL) for Bucharest general mayor, Ciprian Ciucu, is two percentage points ahead of Daniel Băluţă, the representative of the Social Democrats (PSD) in the race, seen so far as the preferred one, according to a survey commissioned by the Liberal Party and published by Cotidianul.ro, as reported by

Romanian energy minister announces USD 30 bln US investment deal and vows to curb 'immoral' market practices

Romania is nearing the conclusion of a "huge USD 30 billion" investment agreement with the United States covering nuclear, hydro, natural gas, and artificial intelligence-based technologies, energy minister Bogdan Ivan announced last week, according to Ziare.com and

Romania eyes SAFE funding to revive Mangalia shipyard and boost defence production

Romania’s minister of economy Radu Miruță said on November 3 that a share of the funds allocated to the country under the European Commission’s Security Action For Europe (SAFE) programme could be used to revitalise the Mangalia shipyard and strengthen the country’s defence and transport infrastructure,

Spain’s Telefonica reportedly ponders taking over Romanian peer Digi 

Spanish company Telefónica is considering the acquisition of Digi Communications (BVB: DIGI) of Romania, active at home but also on the markets of Italy and Spain, in a deal that could significantly change the European telecommunications market, according to Ziarul Financiar, citing Spanish publications...

Foreign investors in Romania moderately optimistic but cautious

A still significant share of the foreign investors in Romania surveyed by the Foreign Investors Council (FIC), namely 40%, expect their markets to expand, while 47% expect stagnation, leaving a small share of investors undecided or pessimistic. The expectations for external demand are below average, with only 29% of those surveyed expecting higher exports and […]