Romania and Kuwait have opportunities for collaboration in numerous areas of interest, such as the defence industry, which will help increasing the competitiveness of the two states, according to a press release of the Ministry of Economy, Entrepreneurship and Tourism (MEAT) sent on Wednesday.According to the same source, the Minister of Economy, Stefan-Radu Oprea, on Tuesday, August 27, received the Kuwaiti ambassador, Talal Mansour Alhajeri. The two officials discussed the strengthening of bilateral collaboration, both through joint governmental projects and through partnerships between the business environment of the two countries.The foreign official supported the idea of organizing a joint collaboration committee, to discuss topics of interest related to partnerships in the areas of trade, investments and SMEs.For his part, the Romanian minister mentioned that, at present, there are numerous opportunities for collaboration in several areas of interest for both parties, such as that of the defence industry, where Romania focuses on the transformation of the national profile industry and on increasing competitiveness.Also, Oprea emphasised that Romania represents a favourable ecosystem for the development of partnerships in the IT field, holding a privileged position in terms of the number of certified IT specialists per thousand inhabitants - 1st in Europe and 6th worldwide.At the end of the meeting, both sides concluded that it is necessary to organize events and business forums that would give the business environment of the two countries the opportunity to deepen the already existing dialogue and collaboration in order to start new projects.
Romania's current account (CA) deficit has narrowed marginally (-1.2% y/y) to EUR 2.66 billion in August 2025, bringing the CA gap in 12 months to August to EUR 29.6 billion (+17% y/y), or 8.1% of GDP, according to data published by the National Bank. The CA gap to GDP ratio thus eased slightly from 8.2% […]
PepsiCo has inaugurated a new beverage canning line at its Dragomirești-Deal plant in Ilfov county, near Bucharest, following an investment of USD 8.5 million. According to the official announcement, it is the only line of its kind operated by PepsiCo in the Eastern Balkans. The fully automated line has a production capacity of up to […]
Warner Bros. Discovery announced a new partnership with Edenred Romania, allowing users of the Edenred Benefit platform to subscribe to HBO Max directly through their employee benefits account. The collaboration aims to make premium entertainment more accessible to employees across Romania, the companies said. Starting October 10, Edenred Benefit users...
This year’s pilgrimage occasioned by the feast of Saint Dimitrie the New, Protector of Bucharest, will take place from October 19 to 29. The event is one of the most significant for the Romanian Orthodox Church in the capital. The faithful will be able to venerate, aside from the Holy Relics of Saint Dimitrie the […]
Classic Unlimited, the well-known organizer of classical music concerts in Romania, announced the launch of a new series of events dedicated to babies, pregnant women, and families, named Classic for Babies. Concerts with interactive sessions will take place in Cluj-Napoca (November 9), Sibiu (November 3), and Târgu Mureș (November 7), with two sessions per day, […]
More than one in three children in Romania, roughly 1.25 million, live in poverty, and the percentage rises dramatically to 75.8% for those whose parents have a low level of education, according to 2024 Eurostat data cited by Save the Children Romania. Children in rural areas face a much higher risk of poverty or social […]
