Romania and India have a tradition that they should continue in terms of collaboration in business sectors with great potential for development, such as the IT&C industry, with a focus on the development of the segment represented by artificial intelligence, the aerospace industry, as well as the civil and military aeronautics, according to Chairman of the Chamber of Commerce and Industry of Romania Mihai Daraban.He had an official meeting on Wednesday with the new ambassador of India to Romania, Manika Jain, to discuss strengthening bilateral economic ties by identifying the economic sectors that the two nations can promote among the business communities in order to increase the value of trade."From our point of view, that of the National Chamber, although in 2023 the total value of trade between the two countries exceeded EUR 1.6 billion, their economic ties are underused. Romania's geographical positioning, with access to the Black Sea, can be a business opportunity for the Indian business community in terms of facilitating the transport of goods from this country to Europe. Romania and India already have a tradition in terms of collaboration in economic sectors with great development potential, a tradition that we intend to continue. We are talking about the IT&C industry, with a focus on the development of the segment represented by artificial intelligence, the aerospace industry, as well as the civil and military aeronautics. Obviously, there are other Romanian economic sectors of interest to Indian investors that we can analyse in a periodic dialogue with the Indian Embassy in Romania," Daraban is quoted as saying in a CCIR press statement.In his turn, the new Indian ambassador to Romania said that the meeting was a priority in the activity of the diplomatic corps accredited in Bucharest, an absolutely necessary step for boosting the economic ties between the two business communities.At the moment, there are 486 companies running on Indian capital in Romania.The ambassador said that as a result of today's discussions, in a short time the number of these companies will increase. Apart from the economic sectors mentioned by the president of CCIR, infrastructure - where the two countries can develop large-scale joint projects- should be added, according to the ambassador. (Photo:https://ccir.ro/)
The 16th edition of Les Films de Cannes, the festival showcasing productions awarded or selected at the Cannes film festival, returns this fall to Bucharest and four other cities in the country. The winner of this year's Palme d'Or, Jafar Panahi's It Was Just an Accident, will be screened at the event, as will be […]
Răsvan Angheluţă Natural Sciences Museum in Galaţi is scheduled to reopen on September 20, after the completion of modernization works worth over 15.1 million lei (approximately EUR 3 million) carried out by the County Council through the recovery and resilience facility PNRR. The building hosts an Aquarium, an Astronomical Observatory, a Planetarium, and temporary exhibitions. […]
A team of Romanian paramedics won first place at the World Rescue Challenge 2025, a competition that sees first responders and trauma teams from around the world develop new skills and share knowledge. This year, the competition took place in Karlovac, Croatia, and was attended by two Romanian paramedics from Bucharest who have been working […]
Artmark, one of Romania’s leading auction houses, registered record sales of over EUR 15 million despite economic instability, showing the growth potential of the national art market, according to the company’s 2024-2025 market report. Overall, auction sales totaled EUR 11 million, up 8.2% compared to the previous year, while sales through the “Dependent de Artă” […]
Cybersecurity has become a major global priority, impacting individual users, companies, organizations, and public institutions. Social engineering, deepfakes, digital manipulation, and coordinated geopolitical attacks are fundamentally reshaping how we view the digital future. In this context, DefCamp, the largest cybersecurity and hacking conference in Central and Eastern Europe, reaffirms its role as a strategic hub […]
Romanian airline AnimaWings has received its fifth Airbus aircraft, an A220-300, as part of an ambitious expansion plan to build a fleet of 18 planes by the end of 2027, valued at over USD 1 billion. The A220-300 is the airline’s third of this type and will serve both domestic and international routes. Configured with […]
