Romanian entrepreneurs can have opportunities for business development in Venezuela, Chairman of the Chamber of Commerce and Industry of Romania (CCIR) Mihai Daraban said during a discussion with Jose de Jesus Sojo Reyes, charge d'affaires of the Embassy of Bolivia in Romania.According to a CCIR press statement released on Wednesday, the meeting between the two officials aimed to develop a dialogue with the Venezuelan Embassy in Romania in order to identify economic areas in which the two countries can carry out joint projects."This meeting lays the foundations for collaboration between the two organisations in the economic field, given both Venezuela's new policy of attracting investments in areas such as infrastructure or the oil industry, as well as the new legislative framework of the country that provides tax incentives for foreign investors for long-term economic development. At CCIR level, we continue our efforts to internationalise Romanian business by facilitating access of entrepreneurs to non-EU markets; from this point of view, Venezuela can be taken into account for the development of sustainable businesses," Daraban is quoted as saying in the statement.For his part, Jose de Jesus Sojo Reyes said that there are real investment opportunities in Venezuela, especially in the energy, infrastructure and agriculture sectors."Despite the geographical distance, there are multiple areas of common interest between the two nations where we can build solid and lasting partnerships. Venezuela has considerable natural resources, including one of the largest oil reserves in the world, while Romania offers its expertise in areas such as technology, agriculture and manufacturing. There are real investment opportunities in Venezuela, especially in the energy, infrastructure and agriculture sectors. Amidst the current global changes, diversifying business partnerships becomes essential, and our bilateral relationship can be strengthened through direct trade, thus contributing to the prosperity of both states," the diplomat said. (Photo:https://ccir.ro/)
Representatives of the ruling Social Democratic Party, PSD, gathered for a congress in Bucharest on Friday, November 7, to elect new leadership and to amend the party’s Statute. The only candidate for party leader is Sorin Grindeanu, who held the interim position after Marcel Ciolacu's resignation in May. In his speech at the congress, Sorin […]
The e-commerce sector recorded strong early results on Black Friday 2025, according to real-time data released on Friday, November 7, by PayU GPO Romania from its dedicated Media Center. By 14:10, the payment processor reported successful transactions totaling RON 514 million (roughly EUR 101 million). PayU said shoppers had made roughly 889,000 purchases, with around […]
Contakt Express Logistik, one of Romania’s leading retailers of mobile phone and tablet accessories, with a network of over 235 stores, is set to launch the initial public offering (IPO) between November 12 and December 3, 2025. The company offers a wide range of products, including cases, screen protectors, chargers, and gadgets, both in physical […]
Romania attracts fewer international tourists today than it did during the communist era, making it the only country in Europe in this situation, the National Association of Travel Agencies (ANAT) warned, as reported by news agency Agerpres. According to the organization, Romania received more than 3.4...
InterCapital ETF, the first international ETF provider in Romania, will launch two new exchange-traded funds on the Bucharest Stock Exchange starting November 11, 2025. The new instruments are the InterCapital CROBEX10 TR UCITS ETF, which offers exposure to the Croatian blue-chip equity market by tracking the performance of the CROBEX10tr index, and the InterCapital EUR […]
The Competition Councils of Romania, Bulgaria, and the Republic of Moldova have granted the necessary authorizations and approvals for the completion of the transaction through which Maspex Romania takes over the majority shareholding of Purcari Wineries. The Maspex Group, which has been present in Romania for nearly 30 years, became the majority shareholder of one […]
