As per available data, approximately 2.7 million tonnes of Ukrainian cereals, about half of the total quantity of cereals exported by Ukraine, have transited Romania so far, said Foreign Affairs Minister Bogdan Aurescu who participated, on Monday, in the meeting of the heads of diplomacies of the EU member states - Foreign Affairs Council, as cited by a press release of the Foreign Affairs Ministry (MAE) sent on Monday.According to the cited source, Bogdan Aurescu welcomed the participation of the Ukrainian Minister of Foreign Affairs in the FAC meeting after the historic decision of the June 23-24 European Council to grant Ukraine and Moldova EU candidate status and reiterated Romania's support for achieving this goal.He encouraged Ukraine to continue on the path of reforms in the areas included in the European Commission's official opinion of 17 June, but stressed the difficult context in which they must be carried out, following Russia's aggression, with the support of the EU and the Member States in this regard being needed, as well as the continued strong backing of the EU and the Member States for Ukraine at all levels, financial, humanitarian, military and economic.The Romanian minister also expressed support for strengthening the sanctions regime against Russia, as well as for the EU's support for Ukraine, including through the allocation of a new financial tranche through the European Peace Facility (EPF).The Minister strongly reiterated that supporting Ukraine is in the strategic interest of all Member States, adding that in the event of its failure, the security of neighboring states, such as Romania, of their citizens, but also the European and Euro-Atlantic security as a whole could be threatened and affected.At the same time, Foreign Minister Aurescu pleaded for the intensification of EU support for the Republic of Moldova, the states of the South Caucasus and Central Asia, regions particularly vulnerable to the actions of the Russian Federation.
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 […]
