The Employers' Organization in the Romanian Aeronautical Industry (OPIAR) presented investors from the Emirates the most important achievements of the Romanian aeronautical industry within the economic Forum "Aeronautics, Creating New Horizons Through Innovation", which takes place in Romania's Pavilion at the Expo 2020 Dubai.The following people have attended the forum: the secretary of state in the Ministry of Economy, Daniela Nicolescu, a delegation led by major general Issaq al Baloosho, the personal councilor of the Minister of State for Matters of Defence of the United Arab Emirates, the Romanian ambassador in the UAE, Adrian Macelaru, the general commissioner of Romania's Pavilion at Expo 2020 Dubai, Ferdinand Nagy, the consul general of Romania in Dubai, Nicoleta Teodorovici, MP Deb-Oni Ardelean, director of OPIAR, Mihail Toncea, as well as Emirate investors in the field.The representatives of the Elie Carafoli National Institute for Aerospace Research and Development (INCAS), of the Military Division within the Romanian Aerospace Company (ROMAERO), the Aerostar company in Bacau, as well as the JETAV flight school, have held a series of presentations regarding the field of aeronautics.The economic forum was organized with the support of the Romanian Consulate General in Dubai, the Bureau for Economic Promoting Dubai (BPCE), the Romanian Chamber of Commerce and Industry, according to the post made by Romania's Pavilion at the Expo 2020 Dubai on Facebook.OPIAR is an organization whose founding members are performance companies in Romania, such as: Aerostar Bacau, Romaero Bucharest, IAR Brasov, Turbomecanica Bucharest and Giar SA Bucharest.The volume of bilateral trade with the United Arab Emirates has totalled 192.42 million Euro at the end of 2020. (Photo:https://www.facebook.com/romaniaexpo2020/photos/pcb.115153467606465/115150217606790)
Bistriţa, a city in northern Romania and a former Saxon burg, has been included in the UNESCO Creative Cities Network (UCCN), in the newly-established category of Architecture. This creative field adds to the seven existing ones: Crafts and Folk Art, Design, Film, Gastronomy, Literature, Media Arts, and Music. Bistriţa is one of 58 cities that […]
Real estate developers building residential projects in Bucharest’s District 1 will now be required to contribute financially to the construction of elementary schools in areas lacking educational facilities, the district’s City Hall announced on October 31, Profit.ro...
A bipartisan group of senior members of the United States Congress is preparing legislation to block the Pentagon’s plan to downsize the American military presence in Romania and other NATO outposts along the alliance’s eastern flank,
Prime minister Ilie Bolojan announced that he would not attend the “Prime Minister’s Hour” debate scheduled in Parliament for November 3, citing prior commitments related to Romania’s defence industry partnership with Germany’s Rheinmetall AG. The session had been requested separately by the opposition Social Democratic Party (PSD) and the nationalist Alliance for the Union of […]
Agroserv Măriuța SA (BVB: MILK), a Romanian company in the agricultural sector and owner of the Lăptăria cu Caimac brand, announced the successful closing of the private placement for a new issue of guaranteed corporate bonds, through which it attracted the entire targeted amount of EUR 3 million. “This transaction allows us to refinance the […]
Austrian bicycle manufacturer Simplon will open a new production facility in Timișoara, western Romania, in early 2026, as part of a restructuring plan that will see a partial relocation of operations from its headquarters in Hard, Vorarlberg, Der Standard reported, as cited by Ziarul Financiar. The...
