October 31, 2024 The Black Sea is of critical geostrategic importance – a key sea lane for global trade, security, energy and humanitarian efforts. On International Black Sea Day, we reaffirm United States support for a Black Sea that is secure, prosperous, interconnected, and free from threats of military aggression, economic coercion, and malign influence, including those posed by Russia’s unprovoked and illegal war against Ukraine. United States engagement in the Black Sea region is based on deep ties of friendship, shared values, and recognition of its strategic importance. Together with Allies and partners in the region, we support efforts to reinforce the free flow of trade in the Black Sea, to develop new energy sources, and to protect the region’s rich cultural heritage. U.S. engagement in regional groupings – including the Bucharest Nine (B9), the Three Seas Initiative (3SI), and NATO – along with a persistent U.S. military presence at Mihail Kogalniceanu Air Base and in Deveselu, contribute to regional security, stability and prosperity. Romania has played a vital role in fostering greater international cooperation in the Black Sea, working to create safe shipping lanes for the export of Ukrainian grain, partnering with Bulgaria and Türkiye to clear mines, and collaborating with the United States and other partners to combat foreign information manipulation in the area. We look forward to continuing our close cooperation with Romania in support of a secure and prosperous Black Sea region. By U.S.Mission Romania (Photo:https://x.com/ambasadasua)
This article series tells the stories of the 15 finalists selected in the BVB Arena program. BVB Arena is the flagship program of the Bucharest Stock Exchange, dedicated to developing and promoting the Romanian entrepreneurial environment. The program’s goal is to select and promote Romanian companies that have the greatest growth potential and high chances […]
Salt Bank, the first 100% digital Romanian bank built entirely from scratch, has been named by Celent as the 2025 Model Bank for Digital Bank Launch. Celent is one of the world’s most prestigious research and advisory firms focused on technology for financial institutions. By receiving the title of "2025 Model Bank for Digital Bank […]
The 8th edition of the national educational program “Healthy Lifestyle, Diverse Nutrition and an Eco-Responsible Attitude” under the motto “Good for Taste, Good for Health, Good for the Planet!” has concluded. The program was organized by the Taste Celebration Association and funded by the Auchan Foundation with 100,000 euros. The program aims to convey to […]
Romania's budget deficit, meaning the gap between revenues and expenditures, reached 3.39% of GDP after the first five months of the year, while the new government grapples with balancing initiatives. The deficit increased compared to the first four months, when it stood at 2.95% of GDP, and remained roughly stable compared to the first five […]
eLog, a Balkan-based provider of reusable transport packaging systems for the retail sector, has entered the Romanian market by leasing 4,000 sqm of warehouse and office space at CTPark Bucharest North. The facility, developed by CTP, will serve as eLog’s first operational hub in Romania, supporting its expansion into local retail logistics. Specializing in Retail […]
More than three-quarters of Romanians (76%) see Artificial Intelligence as an opportunity for the economy and society, although half of them also acknowledge its risks, according to a new RoCoach and Novel Research study. Overall, over one-third of respondents (35.7%) believe that AI will primarily lead to job losses, even if new types of roles […]
