The Romanian Chamber of Commerce and Industry (CCIR) is steadily involved in mediating the dialogue between the business communities in Romania and the United Arab Emirates, capitalizing on the current political context, which is extremely favorable for the relationship between the two countries, CCIR president Mihai Daraban said, as he and the business organization's secretary general Ovidiu Silaghi participated on Wednesday in an official meeting with Mohammed al Muallem, Executive Vice President of Dubai Port World (DP World), the largest Emirati investor in Romania."DP World is a company with tradition in Romania, having invested in our country for 20 years now. Since 2004, the Emirati company has developed several projects in Romania in the field of logistics and connectivity, creating hundreds of jobs. The boost given to operations in the new Constanta Port terminal has attracted the interest of other important operators in the field of naval transport and logistics. Capitalizing on the present auspicious political context, which is highly favorable for the relationship between Romania and the United Arab Emirates, CCIR continues to engage in mediating the dialogue between the two states' business communities. Today's meeting was the perfect opportunity to take important steps towards establishing the stages for the expansion of DP World's operations and investments in Romania," said the CCIR official.In his turn, DP World Executive Vice President Mohammed al Muallem pointed out that, two years ago, the decision was made to start the project of an intermodal terminal near Aiud, which will offer a foothold for the expansion of operations in Romania.Our relationship with CCIR is an older one, and each time we have enjoyed the unconditional support of this organization for our investment intentions in Romania. This is how the start of the construction of the Constanta terminal was possible, the largest container port at the Black Sea which, thanks to its strategic position at the mouth of the Danube Canal, is connected with the riparian countries in Europe. Global freight transportation is currently growing at a considerable pace, which makes the transit of goods on the Danube, with Constanta Port as a gateway, extremely important. Therefore, two years ago we decided to start the project of an intermodal terminal near Aiud, which will allow us to expand our operations in Romania, said the DP World Executive Vice President.
Exim Banca Romaneasca diversifies its product portfolio and launches the Mastercard World card in EURO, a tool that enhances the payment experience for people who travel or work abroad, offering premium advantages, benefits, and rewards. The new EURO card from Exim Banca Romaneasca has as its main advantage the reduction of costs associated with transactions...
A report by cybersecurity company Refute uncovered a large-scale international influence operation targeting Romanian diaspora voters on TikTok ahead of the second round of Romania’s presidential elections on May 18. The report identifies approximately 32,500 TikTok videos containing slogans promoting the populist candidate George Simion and former candidate Călin Georgescu. Many of these videos are […]
Romania's gross domestic product (GDP) remained largely unchanged in the first quarter of 2025 compared to the previous quarter, according to flash estimates published on May 15 by the National Institute of Statistics (INS). The economy recorded a growth of 0.2% in gross series and 0.5% in seasonally adjusted series compared to the same quarter of […]
Iulius Mall Suceava has officially inaugurated its EUR 40 million expansion that transformed it into “the largest retail and entertainment hub in northern Romania,” according to the official announcement. Developed by IULIUS and Atterbury Europe, the project adds 16,500 sqm of new retail space, bringing the mall's total area to 60,000 sqm. The expansion introduces […]
The European Bank for Reconstruction and Development (EBRD) announced the launch of the second edition of its Star Venture program in Romania this week, following a first edition in 2022. The program provides high-potential startups with business expertise and access to finance. After the round of applications, 10 promising startups were shortlisted to showcase their […]
Non-profit BookLand started building last year a pre-university, dual-system campus in the village of Vultureşti, in southern Romania’s Argeş county. The campus will train pupils in various specializations, allowing them to work in industries ranging from hotels & restaurants to retail and food. More on how the project got off the ground and what it […]
