Romania is the fist trade partner of the Republic of Moldova at the end of 2021 being registered a record value of 2.4 billion dollars out of which the Romanian exports had 1.5 billion dollars, show the data of the ministry of entrepreneurship and tourism (MAT).At the same time, Romania is first according to the number of companies registered in the Republic of Moldova, namely 1,557 and second according to the value of the capital,with almost 280 million dollars, and the banking sector dominates with a value of 78 million dollars.On 17th May, the ministry of entrepreneurship and tourism through the Department for Foreign Trade and the Bureau of Commercial – Economic Promotion Kishinev, in collaboration with the Association of Romanian Investors in the Republic of Moldova organized the Economic Forum Romania- Republic of Moldova, event dedicated to the promotion of bilateral trade, tourism and investment sector. The head of the Romanian delegation, Angel-Iulian Calin, state secretary in MAT mentioned during the forum in Kishinev that by the implementation of the provisions of the Agreement regarding non-refundable aid offered to the Republic of Moldova, worth 100 million euro, the business environment in this country has the possibility to draw financing including in the domain of SMEs and tourism, sectors of interest for the Moldova economy, as well as the consolidation of bilateral cooperation with partners from Romania, showing that the ministry is programme operator in the agreement for these two domains. The Economic Forum in Kishinev was attended by over 100 companies in Romania and the Republic of Moldova in such domains at IT, textile industry, manufacturing industry, pharma and tourism which had the possibility in B2B sessions to identify new business opportunities.The MAT data show that the number of mixed companies with Moldova capital registered in Romania are 6,644 with a total invested capital of 62.6 million dollars, being 64 in the top of foreign investors in Romania.In 2021, there were 60 such companies set up with a capital of 0.9 million dollars.
Romania registered the third lowest employment rate in the EU in 2023, following Italy and Greece, according to recent Eurostat data. Only 69% of Romanians aged between 20 and 64 are employed, meaning nearly one-third of Romanians are not working. Certain factors influence these figures. Romania makes use of a category of special pensions applied […]
Authorities are looking into the case of a Romanian minor who was allegedly sold for RON 8,000 (EUR 1,600) and arrived in Germany with false documents. Romanian authorities were notified by those in Germany regarding the case, but investigations are still ongoing. The minor is currently in the care of the German state. The boy […]
The residential market had a strong start in 2024, with the first quarter ending with an 18% increase in the number of residential transactions in Bucharest compared to the same period last year, according to Colliers data. In the rest of the country, the increase was slightly higher - 19%. According to Colliers consultants, buying […]
Siemens Healthineers, the medical technology branch of the German multinational, recently launched its newest MRI scanner, the MAGNETOM Flow, during an event held in Bucharest on April 24. Featured in one of the panels during the event, Sonja Wehsely, executive vice president CEECA Siemens Healthineers, highlighted the strengths of the new scanner. Wehsely, who has […]
The Romanian General Prosecutor's Office officially announced the indictment of former president Ion Iliescu, former prime minister Petre Roman, and former deputy prime minister Gelu-Voican Voiculescu for crimes against humanity, in the case of the Mineriada (miners' riot) of June 1990. Along with the three, the former director of the Romanian Intelligence Service (SRI), Virgil […]
Uber launched its Green service in the popular mountain city of Brașov, in central Romania, on April 25, with a fleet of environmentally friendly vehicles such as Toyota Prius, Hyundai Ioniq, Tesla Model Y, and Volkswagen ID.3. Previously, the Uber Green option was made available to residents and tourists of Cluj-Napoca in November 2023. “We […]
