The Employers' Organization in the Romanian Aeronautical Industry (OPIAR) presented investors from the Emirates the most important achievements of the Romanian aeronautical industry within the economic Forum "Aeronautics, Creating New Horizons Through Innovation", which takes place in Romania's Pavilion at the Expo 2020 Dubai.The following people have attended the forum: the secretary of state in the Ministry of Economy, Daniela Nicolescu, a delegation led by major general Issaq al Baloosho, the personal councilor of the Minister of State for Matters of Defence of the United Arab Emirates, the Romanian ambassador in the UAE, Adrian Macelaru, the general commissioner of Romania's Pavilion at Expo 2020 Dubai, Ferdinand Nagy, the consul general of Romania in Dubai, Nicoleta Teodorovici, MP Deb-Oni Ardelean, director of OPIAR, Mihail Toncea, as well as Emirate investors in the field.The representatives of the Elie Carafoli National Institute for Aerospace Research and Development (INCAS), of the Military Division within the Romanian Aerospace Company (ROMAERO), the Aerostar company in Bacau, as well as the JETAV flight school, have held a series of presentations regarding the field of aeronautics.The economic forum was organized with the support of the Romanian Consulate General in Dubai, the Bureau for Economic Promoting Dubai (BPCE), the Romanian Chamber of Commerce and Industry, according to the post made by Romania's Pavilion at the Expo 2020 Dubai on Facebook.OPIAR is an organization whose founding members are performance companies in Romania, such as: Aerostar Bacau, Romaero Bucharest, IAR Brasov, Turbomecanica Bucharest and Giar SA Bucharest.The volume of bilateral trade with the United Arab Emirates has totalled 192.42 million Euro at the end of 2020. (Photo:https://www.facebook.com/romaniaexpo2020/photos/pcb.115153467606465/115150217606790)
The number of people in Romania at risk of poverty stood at 3.59 million people in 2024, 375,000 fewer than in 2023, representing a 9.4% decrease, according to data from the National Institute of Statistics, or INS. Despite the improvement, nearly one in five Romanians was affected by poverty last year. According to INS, 19% […]
The European Public Prosecutor’s Office (EPPO) in Cluj-Napoca carried out multiple searches on Tuesday, July 1, at the Sibiu International Airport and the Sibiu County Council as part of an investigation into suspected fraud involving a EUR 54 million EU-funded infrastructure project. A total of 24 locations were searched across Bucharest, Brașov, and Sibiu county, […]
A Romanian taxi driver who scammed 90-year-old Nigerian Nobel Prize laureate Wole Soyinka was detained by police on Sunday, June 29, according to media reports. On Friday, June 27, the venerable Nigerian arrived at Bucharest's Otopeni Airport. He got into a taxi and asked to be taken to a hotel downtown. At the destination, the […]
Costin Șerban, a Romanian entrepreneur, is digitalizing the construction sector in the United Kingdom with an ERP (enterprise resource planning) solution developed over 12 years and an investment of GBP 1.6 million (EUR 1.86 million). Șerban’s cloud-based ERP platform is called Abilo, was developed by the Romanian IT company Obi Systems, and is dedicated to […]
Border checks between Bulgaria and Romania have officially been lifted on July 1, as part of the implementation of the Schengen Agreement. The lifting marks the end of the transitional period of heightened control at the internal border, which had remained in place for six months following their accession to the Schengen area by land […]
Remus Vulpescu became CEO of the Bucharest Stock Exchange (BVB) on Tuesday, July 1, taking over from Adrian Tănase as the stock exchange grapples with a market dominated by government bonds. Vulpescu, 53, is a graduate in political and legal sciences from the University of Bucharest and holder of an EMBA obtained in 2017. He […]
