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.
Unilever has announced the appointment of Irina Urechean as the new General Manager of its Ice Cream Division for Romania and Moldova, effective January 2025. In her new role, Urechean will be responsible for driving the growth and development of the division, focusing on portfolio expansion, innovation, and market leadership. With a career at Unilever […]
Premier Energy Group (BVB: PE), a leading energy provider in Southeast Europe and a listed company on the Bucharest Stock Exchange reports strong growth across its operations in 2024, with preliminary figures showing normalized revenue of EUR 1,263 million, marking a 45% year-over-year increase, and normalized EBITDA of EUR 103 million, up 14% compared to […]
Cristian Măcelaru will conduct the opening concert of the anniversary edition of the George Enescu International Festival, one of the world’s most prestigious classical music events, taking place from August 24 to September 21. The Romanian conductor will lead the George Enescu Philharmonic Orchestra and Choir at the inaugural performance at Sala Palatului in Bucharest, […]
Bucharest's Știrbei Palace is set to become Romania's first high-end retail destination, with Hagag Development Europe announcing its reopening for the second half of 2025. The building on Calea Victoriei will host some of the world's most prestigious brands, the developer said. Fashion houses such as Dior, Saint Laurent, Celine, Valentino Garavani, and Hermes will […]
Interim president Ilie Bolojan said on social media that Romania is a committed and reliable ally, after US president Donald Trump halted all military aid to Ukraine on Tuesday, February 4. Trump’s decision comes after a series of meetings at the White House with top national security officials in the aftermath of the disastrous public […]
Guest writer Henry Páll Wulff shares an ample overview of the top challenges Romania is facing and the potential solutions that local policymakers should consider. A captivating read, this opinion article shows what Romania can learn from countries such as France, Germany, Denmark, Finland, Canada, Costa Rica, and Bhutan. As Romania embarks on a new […]
