The renewable energy industry, mainly offshore wind energy, has been identified as the main area in which the business communities of Romania and the Republic of Panama can cooperate, given the European experience of Romanian entrepreneurs, according to a press release from the Chamber of Commerce and Industry of Romania (CCIR).As part of the economic mission carried out in Central America, the CCIR leadership and representatives of the companies that are part of our country's delegation had a meeting with the Secretary General of the Maritime Administration of the Republic of Panama, Volney Guinard Estripeaut."Following these discussions, the renewable energy industry, mainly offshore wind energy, was identified as the main area in which the business communities of the two states can cooperate, taking into account the European experience of Romanian entrepreneurs," the quoted source mentions.CCIR President Mihai Daraban emphasized that "there is a common interest of the two states to cooperate in the field of offshore wind energy, this industry representing a major component in the development strategy of the Maritime Administration of the Republic of Panama, with an emphasis on the construction of installations appropriate to the geographical profile of this country.""The Romanian delegation, present at this economic mission, includes companies that perform at a European level in the industry and that are in advanced discussions with Panamanian partners regarding collaboration in projects of common interest. Moreover, the role of CCIR is to facilitate such contacts between business communities and to provide all the necessary support for the Romanian business environment to re-enter important commercial markets," mentioned Mihai Daraban, quoted in the press release.At the same time, the Secretary General of the Maritime Administration of the Republic of Panama, Volney Guinard Estripeaut, appreciated the involvement of the CCIR in organizing such events for the business communities of the two states, emphasizing the need for the experience of Romanian companies operating in the field of renewable energy."We must take into account the fact that the National Energy Plan of the Republic of Panama 2015-2050 establishes that, by 2030, approximately 15% of energy should come from renewable sources, and by 2050 this percentage should rise to 50%," the Panamanian official said.
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 […]
