Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. CCIR supports Dubai Port World's plans to expand...

CCIR supports Dubai Port World's plans to expand its Romanian investments

March 13, 2024

  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.

The text of this article has been partially taken from the publication:
http://actmedia.eu/daily/ccir-supports-dubai-port-world-s-plans-to-expand-its-romanian-investments/107214
Read in full - click here
London’s New Bond Street becomes world’s priciest retail destination, Bucharest’s Calea Victoriei ranks 39th

London’s New Bond Street has been crowned the world’s priciest retail destination for the first time, while Bucharest’s Calea Victoriei is in 39th place globally, according to Cushman & Wakefield’s latest Main Streets Across the World report. Rents in Calea Victoriei recorded the 3rd highest growth among the 50 analysed markets worldwide. Calea Victoriei, the […]

European Commission funds four electrification projects developed by Romanian companies with EUR 29.3 mln

The European Commission announced earlier this week that it has selected four electrification projects developed by Romanian companies to receive funding of EUR 29.33 million from the Connecting Europe Facility fund.  The CEF funding round involves a total of over EUR 600 million in EU grants, which will support...

Romania secures UN Dispute Tribunal judge position after international competition

Romania has won the international competition for a judge position at the UN Dispute Tribunal (or UNDT), with judge Adina Elvira-Ghiţă set to take over a seven-year term, according to the Ministry of Foreign Affairs (MAE).  Romania secured 109 votes in the UN General Assembly during the international competition for filling a judge position at […]

Romania detects drone crossing its airspace amid Russian strikes in neighboring Ukraine

The Defense Ministry said early Wednesday, November 19, that its Air Force detected a drone entering national airspace overnight, prompting the scramble of German and Romanian fighter jets amid ongoing Russian attacks near Romania’s border with Ukraine. Two German Eurofighter Typhoon jets stationed at the Mihail Kogălniceanu Air Base took off at 00:25 on November […]

Romania to amend legislation for foreign workers

The government will radically amend the legislation on foreign labour and repeal the current law, said Ciprian Văcaru, state secretary at the Ministry of Labour, Family, Youth and Social Solidarity (MMFTSS), as reported by Economedia.ro...

Romania to ban salary-pension cumulation in the public sector

The Romanian government is preparing an emergency ordinance to ban salary-pension cumulation in the public sector, according to the document consulted by Economedia.ro. The draft ordinance includes other measures to reduce spending in public administration, such as suspending secondments and transfers.  The...