Foreign Affairs Minister Bogdan Aurescu underscored at the 13th Asia-Europe (ASEM) Summit the importance of health cooperation among member states, including by strengthening cooperation on vaccines, the Foreign Ministry informs in a release.Bogdan Aurescu expressed Romania's interest for a more active involvement in the region, amid strengthening economic, interpersonal and political ties between Europe and Asia, but also within the framework provided by the EU Strategy for Cooperation in the Indo-Pacific, with focus on Romania's favorite areas of expertise such as cyber security, disaster management, the law of the sea and the combat of climate change, strengthening resilience.The Foreign Minister emphasized the common approaches to key security challenges in Europe and Asia, highlighting ASEM's potential to provide a platform for identifying diplomatic solutions thereto.In this context, the Romanian top diplomat expressed concern about the deterioration of the human rights situation in Myanmar in the recent months, which affects citizens and the possibilities of providing humanitarian assistance, as well as the peaceful settlement process, in compliance with the rule of law.Foreign Affairs Minister Bogdan Aurescu represented Romania on Thursday and Friday at the 13th Asia-Europe Summit which was organized via video conference by Cambodia, which currently holds the rotating ASEM Presidency.
Romanian Finqware (17th), Questo (18th), Footprints AI (21st), and Steepsoft AI (28th) are among the fastest-growing technology startups in the region, included in the main category of the Deloitte Technology Fast 50 Central Europe 2025 ranking. The ranking measures the growth rate between 2021 and 2024. This year's ranking, now in its 26th edition, is […]
Verbund Wind Power Romania, the Romanian subsidiary of Austrian energy company Verbund, has selected a consortium comprising Prime Batteries Technology and Enevo Group for the supply and integration of a new Battery Energy Storage System - BESS with a capacity of 76 MWh and an absorption/delivery capacity of 48MW. Verbund operates a 226 MW wind […]
The union at the Automobile Dacia automobile factory in Mioveni expressed concern about the administration's proposal to reduce production, starting in January 2026. The production is reportedly planned to be reduced to 55 units per hour, from 65 units currently, according to the company's employees speaking for Europa FM, as reported by
Romanian prime minister Ilie Bolojan announced on November 21 that a decision will be taken in December regarding the minimum turnover tax (IMCA) applied to companies with a turnover of EUR 50 million or more, whose 16% profit tax falls below 1% of turnover, Economica.net...
Prime minister Ilie Bolojan, in a press conference on November 21, said that Romania took steps to protect the interests of state company Romgaz, which holds 12.2% in the Trident Black Sea offshore perimeter operated by Russia's Lukoil. He said that the authorities in Bucharest "collaborated" with the Office of Foreign Assets Control (OFAC) within […]
Kazakhstan's national oil and gas company, KazMunayGas, is set to partially divest its European assets, which include KMG International (KMGI, formerly Rompetrol Group) with Romania's largest refinery, Petromidia (4.8 million tonnes refining capacity), in its portfolio. KazMunayGas plans to sell up to 50% of its European holdings, according to
