Cooperation between Romania and the Republic of Korea in the field of heavy and defence industries represents a strategic opportunity for both countries, in the context in which the volume of bilateral trade saw a significant increase in recent years, exceeding one billion euros in 2024, stated the president of the Chamber of Commerce and Industry of Romania (CCIR), Mihai Daraban.According to a press release sent on Friday, the president of the CCIR had, on May 15, an official meeting with Jae Rak Kim, vice president of Hyundai Heavy Industries, as part of the National Chamber's strategy to promote foreign investments in economic sectors with high added value.The dialogue between the two organizations represented a significant opportunity, including in terms of promoting the capacities of the Romanian heavy and defence industry on markets outside the European Union and, at the same time, supported the CCIR's strategic objective of internationalizing Romanian business, the same source specifies.During the discussions, the CCIR head presented in detail the potential of the Romanian naval industry, as well as the advantages of our country's geostrategic position, emphasising that "despite the difficult period it is currently going through, Romania has remarkable potential both economically and in terms of highly qualified personnel."For his part, Jae Rak Kim, vice president of Hyundai Heavy Industries, emphasised that, following thorough documentation, Romania is "a very serious business partner, with a very well-prepared business environment and, at the same time, a solid tradition in heavy industry."In his opinion, these are essential elements for the development of complex projects in this field. "We are convinced that this relationship must be capitalised on and transformed into a strategic partnership beneficial to both parties," Jae Rak Kim pointed out. (Photo: https://ccir.ro/)
President Nicușor Dan has nominated Senate president Ilie Bolojan, a leader of the National Liberal Party (PNL) and former interim president, for the prime minister seat. Dan said Bolojan is “the best person to carry out the needed adjustments in the state administration.” He pointed to Bolojan’s track record with reducing spending, and said he has […]
Balkanik Festival – Home of World Music, set to take place at Uranus Garden between September 5 and September 7, lines up this year artists who "celebrate that form of joy that does not ignore reality, but faces it with beauty, energy, and solidarity," the organizers said. The artists performing in September in Bucharest will […]
The mayor of Timișoara, Dominic Fritz, announced on Friday, June 20, that two new bridges over the Bega River will be built in the city. The bridges will be financed with EU-backed funds worth over RON 130 million. The bridges in question are the Solventul Bridge, which will connect Gării Street to Dâmbovița Boulevard and […]
A Sarmatian necropolis nearly 2,000 years old was discovered after archaeological excavations were carried out at the Mehala II site in the municipality of Timișoara, in western Romania. Researchers discovered 15 inhumation graves, most arranged in rectangular pits with rounded corners, although some no longer retain their original outline, having been disturbed by the passage […]
The George Enescu Philharmonic Orchestra will deliver on June 26 a concert marking Romania Day at the Osaka World Expo. Additionally, the Bucharest-based orchestra will present a series of other concerts and recitals, both within the Romanian Pavilion and outside, at Toyonara Hall in Osaka. The George Enescu Philharmonic Orchestra's concerts will be conducted by […]
Sphera Franchise Group, the largest food service group in Romania, has opened its first Cioccolatitaliani store in the seaside resort of Riccione, in Italy’s Rimini tourist area. This marks the official launch of Sphera Group’s development plan for the premium Italian brand of coffee, gelato, and pastry. Under the plan, it will open four locations […]
