PRESS RELEASE
Romania - Ukraine relations will soon be elevated to the strategic partnership level, and an essential component of this partnership is the logistic hub to be established in Romania for Ukraine's assistance and reconstruction, Prime Minister Marcel Ciolacu pointed out in his message read out in the opening of the Conference on Ukraine's reconstruction and Romania's strategic role.
The event is organized by the Romanian think tank New Strategy Center, under the patronage of the Government of Romania, and takes place in Sinaia, between December 13-14, 2023. The conference brings together government representatives, academic and international relations experts, high representatives, and diplomats, as well as the business sector representatives from Romania, Ukraine, the other EU states, and NATO.
Prime Minister Marcel Ciolacu highlighted Romania's strategic role in supporting Ukraine both to resist Russia's illegal and unjustified military aggression and in the future reconstruction of Ukraine. Prime Minister mentioned the concrete measures taken by the Romanian Government, such as increasing the transit capacity that allowed 70 percent of Ukrainian grain exports to transit Romania on their way to international markets this year. The Head of the Romanian Executive highlighted the substantial increase in cooperation with Ukraine towards a strategic partnership based on concrete projects in the field of transport infrastructure, including with the assistance and coordination of Romanias Euro-Atlantic partners. Prime Minister Marcel Ciolacu conveyed a message to international partners interested in participating in Ukraines reconstruction given that cross-border infrastructure projects will have a major impact at the end of the conflict and will lay the foundations of a real logistic hub on EU territory, in Romania, intended for Ukraine's reconstruction.
Prime Minister Ciolacu welcomed the online participation of his Ukrainian counterpart, Prime Minister Denys Shmyhal, and thanked the president of the New Strategy Center, George Scutaru, for organizing the Conference, appreciating that such events are instrumental for synchronizing strategies and plans regarding the support for Ukraine and its reconstruction.
Source: Gov
The shares of four other companies listed on the Bucharest Stock Exchange (BVB) will be included in the MSCI Frontier, MSCI Romania, MSCI Frontier IMI and MSCI Romania IMI. Romania will thus have 30 listed companies part of the MSCI indices as of June 1, 2024. The shares of telecom group Digi Communications (DIGI)...
Four young women, students at the Technical University of Cluj-Napoca, have invented a bracelet that converts music into vibrations. This gadget, named the Rhythm Touch bracelet, is designed to give people with hearing impairments the experience of concerts. "The wearer can dance, feeling the music, even though they can't hear it," the inventors told Cluj24.ro. […]
DP World announced on May 15 the opening of three new sites in Romania, following total investments of over EUR 130 million. The company said the projects aim to provide “a significant boost to the country’s growing status as a key hub of European trade.” Thus, Constanta, the largest container port on the Black Sea, […]
Measuring the confidence of Romanian managers and entrepreneurs in the local economy for over 4 years, the results of the 10th edition of the CONFIDEX study highlight the optimism, resilience, and adaptability of the Romanian business environment. According to the CONFIDEX study from the first semester of this year, the proportion of managers who declare […]
Alternative investment fund BT Property said on May 15 that it acquired Funshop Park Turda, Cluj county, from the Polish group Scallier. The transaction marks the fund's entry into the retail market, where it aims to expand. Funshop Park Turda retail park has over 9,000 sqm of leasable area and BREEAM-certified buildings, according to international standards. BT Asset […]
Attractive Romania/România Atractivă was launched this week with the aim of offering local and foreign tourists a new tool to explore the country. The multimedia platform includes 12 thematic routes in 35 counties, listing 275 landmarks to discover. The program, with a value of over RON 36.3 million, is part of the National Recovery and Resilience […]
