President of the Romanian Chamber of Commerce and Industry (CCIR) Mihai Daraban, and the president of the Turkish Union of Chambers and Commodity Exchanges (TOBB) Rifat Hisarciklioglu signed on February 21 a new Memorandum of Cooperation for the continued development of stronger bilateral business relations. Also, the guidelines for a mutually beneficial economic cooperation were established, the CCIR said in a release."With over three million tax-paying member companies, TOBB is the strongest legal entity in Turkey to represent the interests of the private sector; its activity is governed by a legal framework inspired by the European model, which provides for the companies' mandatory membership of the Turkish trade chamber," the release states."The Memorandum of Cooperation that we signed today with TOBB, an event that resonates with our countries' exceptional political relationship, will outline a tighter closeness between Romania and Turkey's business environments which will thus be able to easier establish business contacts. Turkey remains Romania's most important trade partner among non-EU states; an important pillar in CCIR's strategy is the internationalization of Romanian business to the space outside the EU, a context where Turkey's G20 membership represents an advantage of top importance for Romania," CCIR president Mihai Daraban said.In his turn, TOBB head Rifat Hisarciklioglu emphasized that the conclusion of this new Memorandum of Cooperation with CCIR will provide a useful foundation for strengthening the political relationship between the two states, Romania being a supporter of Turkey's interests in relation with the European Union and NATO.
Social Democrat (PSD) leader Marcel Ciolacu has been appointed by president Klaus Iohannis to form the new government, with the prime minister set to request a vote of confidence from Parliament later today, December 23. Ciolacu thus returns to Victoria Palace as head of government, backed by the newly-emerged ruling coalition. The new cabinet will […]
Igor Feio, a Portuguese citizen living in Romania for over ten years, shares his view on the Constitutional Court's recent decision to cancel the first round of the presidential elections in the country. On November 24, about 9 Million people expressed their vote in the 1st round of the Presidential Elections. It was a somehow […]
Romania is quickly becoming one of Europe’s most desirable destinations for expats, thanks to its affordability, vibrant culture, and strategic location in the heart of Europe. Whether you’re considering citizenship, a nomad visa, or residency, each pathway offers unique benefits tailored to different lifestyles and goals. In this article, we’ll explore these options in depth […]
Amsterdam-based DRI, the EU renewables arm of Ukrainian energy company DTEK, announced the signing of the “largest physical solar power purchase agreement (PPA) in Romania” with OMV Petrom, the leading integrated energy producer in Southeastern Europe. The agreement groups three PPAs with OMV Petrom over an 8.5-year period for approximately 100GWh per year at a […]
Art Safari, the largest exhibition event dedicated to art in Romania, has announced its first 2025 edition, scheduled to take place from March 7 to July 27. The new season offers a program featuring anniversary retrospectives of Romanian art masters Ioan Andreescu and Ion Țuculescu, the exhibition Forgotten Painters – Hidden Treasures of Romanian Art, […]
Update: Crin Antonescu is the proposed presidential candidate of the coalition formed by PSD, PNL, UDMR, and national minorities, political leaders confirmed on Monday morning, December 23. Each party is set to confirm this endorsement through internal votes. “PNL has signed this coalition protocol to ensure our country has a stable government during challenging times […]
