Virgil Popescu, the energy minister announced on Tuesday, following a meeting with the ambassador of Qatar, the interest of the company Qatar Electricity& Water to invest in Romania. “Today we had a work meeting with His Excellency Osama Yousef Abdullah Alqaradawi, the Ambassador of the state of Qatar in Romania. We discussed about the intensification and diversification of relations between the two countries, the stage and prospects of the bilateral relation at economic and business level, as well as the development of bilateral cooperation in fields of mutual interest”, Virgil Popescu wrote on Facebook. The minister points out that Qatar Electricity & Water, one of the biggest company in the field of producing electricity and water desalination in the Middle East, is interested in investing in the Romanian market in concrete projects in the energy field. “We pointed out that states in the Gulf area represent energy players with important potential at global level in the perspective of securing energy supply. Qatar is a country with important natural gas resources and one of the main world producers of liquid natural gas used in producing energy,”the minister showed.
Deloitte Romania assisted AQUILA, leader in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in the acquisition of Romtec Europa, the company that produces car care fluids and aerosols. The transaction, valued at 3.2 million euros, was signed in December 2023 and completed recently, following approval from […]
CBRE Romania, the leader in providing commercial real estate services, launches an analysis regarding the business potential and alternative investment and development opportunities in Timiș County. According to the analysis, Timiș stands out as a vital centre of Romanian agriculture, ranking first in agricultural area with 693.034 hectares and second in organically cultivated land area. […]
By the end of 2024 the stock of modern retail spaces will overpass 4.5 mln. sq. m setting a new record for Romania. Circa 186,000 sq. m could be added to country’s modern retail stock if taking into consideration under-construction projects. The popularity of the specialized format is noticed in the forecasted developments, claiming 95% […]
The average office fit-out costs have increased by around 15-20% during the past 12 months, but they still remain among the lowest in the Central and Eastern Europe (CEE), according to data from the Cushman & Wakefield Echinox real estate consultancy company. With an average level of €943 per sq. m of office space, the […]
Romania is present at the 10th edition of the EU-Startups Summit in Malta, the biggest event for tech startups in Europe, through RoTechMission, a delegation organized by DiFine PR, Techcelerator and ROTSA (Romanian Tech Startups Association). More than 2,000 people, including 1,000 entrepreneurs and 300 investors, will attend the event, which takes place from May […]
AeroVacanțe, part of the Aerotravel group, is betting in 2024 on new destinations, more accessible for Romanians, as a result of the growing demand for holidays in new destinations untouched by mass tourism. Thus, the agency introduces for this summer 14 charter flights to Lesbos, the third largest island in Greece, where the costs of […]
