Speaking on Thursday in Paris at the end of the "Coalition of the Willing" summit on Ukraine security, acting President Ilie Bolojan declared that Romania will participate in the working group tasked with monitoring the freshly brokered 30-day Ukraine ceasefire agreement."The participating countries agreed to continue supporting Ukraine and strengthening the Eastern flank. As concerns the monitoring of the agreed 30-day ceasefire, a working group will be set up, which will cooperate on monitoring observance of the agreement. In this regard, because the agreement refers to the Black Sea, an area of strategic importance for Romania, because we have major investments there, because a considerable part of our exports are sent out by sea, because the Port of Constanta is the most important port on the Black Sea, Romania will participate in this working group both with its infrastructure and through collaboration with Turkey and Bulgaria on the mine clearance part. We will collaborate so that this agreement is respected, because a safe Black Sea, which guarantees secure navigation for all ships, is a good thing for trade and for development in this area," said Bolojan.He went on to say that, as a continuation of last week's European Council discussions, the Paris summit also discussed improving the European defense industry and increasing military capabilities.In Romania, we created a working group made of representatives of the ministries responsible for the defense industry, of the government, Bolojan said. The group's task is to lay out priorities, to see what industrial capacities we can integrate into the defense industry value chain, look at the availability - including from private companies - to enter such projects, so that as much as possible of the components we will acquire for the military in order to increase Romania's defense capacity is produced in Romania, because this means investments in the Romanian economy, jobs and technology transfer, the acting president explained.According to him, the conclusion of the Paris meeting was that of commitment to united action and security, as well as of coordinated action with the United States of America.
The ASTRA Center for Activities and Regional Resources in Sibiu, a medieval guildhall turned into a training and cultural hub, is among this year’s winners of the European Heritage Awards / Europa Nostra Awards in the Education, Training and Skills category. The Sibiu center has set “a national precedent for recognizing traditional crafts, professionalizing artisans, […]
Symmetrica, Romania’s leading producer of vibropressed paving stones and curbs, has finalized a EUR 15 million investment in a new production facility in Doaga, Vrancea county. The site becomes the company’s largest industrial center, spanning 30 hectares and including four production halls and a logistics warehouse. The new facility, built on infrastructure previously owned by […]
Froo, the convenience store format developed by Poland’s Żabka Group, opened its 100th store in Romania, just 12 months after entering the market. The expansion reflects the group’s rapid rollout strategy and growing footprint in Romanian urban and residential areas. Since entering the Romanian market, Froo stores opened in Bucharest, Pitești, and Constanța, averaging one […]
For the 11th consecutive year, the organizers of Untold are celebrating academic excellence through the “BAC de 10” campaign, offering free festival passes to students who score a perfect 10 on their national Baccalaureate exam. Over the past decade, more than 1,600 high school graduates have received complimentary access to the festival as part of […]
Symfonia Group, a leading provider of innovative software solutions for small and medium-sized enterprises in Poland, has added another tech company to its portfolio, by acquiring the local software company NextUp. NextUp is a fast-growing company based in Bucharest, delivering ERP type software to Romanian businesses. "Both in Poland and in Romania, our goal is […]
Romanian dessert producer Senneville has officially opened a new state-of-the-art refrigerated dessert factory in Călan, Hunedoara county. The facility is the first of its kind entirely developed by a Romanian-owned company and represents a EUR 4 million investment funded through a combination of company capital, bank loans, and EU support via the Just Transition Program […]
