Foreign affairs minister Luminita Odobescu participated on Tuesday in the G7+ Foreign Ministers' Meeting on Ukraine Energy Sector Support, co-hosted by Foreign Minister Hayashi Yoshimasa and Secretary of State of the United States of America Antony Blinken, in an online format, where she stressed the importance of continued international support for Kyiv.According to the Ministry of Foreign Affairs (MAE), minister Odobescu stressed the role of the United States in mobilising partner states in efforts to support Ukraine's energy sector.The head of the Romanian diplomacy also mentioned the multidimensional assistance offered by Romania to the neighbouring state, with a focus on emergency support in the energy sector and participation in the European Network of Transmission System Operators (ENTSO-E), within which our country is working to improve the connection of Ukraine and the Republic of Moldova to the European energy infrastructure.Minister Odobescu stressed the need for discussions on energy resilience, including security of energy supply, to take into account the impact of the current security situation on the Republic of Moldova, where support is needed for the diversification of the energy mix and transport routes, and also for efforts to increase efficiency and domestic production capacities.
Deloitte Romania assisted AQUILA, leader in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in the acquisition of Romtec Europa, the company that produces car care fluids and aerosols. The transaction, valued at 3.2 million euros, was signed in December 2023 and completed recently, following approval from […]
CBRE Romania, the leader in providing commercial real estate services, launches an analysis regarding the business potential and alternative investment and development opportunities in Timiș County. According to the analysis, Timiș stands out as a vital centre of Romanian agriculture, ranking first in agricultural area with 693.034 hectares and second in organically cultivated land area. […]
By the end of 2024 the stock of modern retail spaces will overpass 4.5 mln. sq. m setting a new record for Romania. Circa 186,000 sq. m could be added to country’s modern retail stock if taking into consideration under-construction projects. The popularity of the specialized format is noticed in the forecasted developments, claiming 95% […]
The average office fit-out costs have increased by around 15-20% during the past 12 months, but they still remain among the lowest in the Central and Eastern Europe (CEE), according to data from the Cushman & Wakefield Echinox real estate consultancy company. With an average level of €943 per sq. m of office space, the […]
Romania is present at the 10th edition of the EU-Startups Summit in Malta, the biggest event for tech startups in Europe, through RoTechMission, a delegation organized by DiFine PR, Techcelerator and ROTSA (Romanian Tech Startups Association). More than 2,000 people, including 1,000 entrepreneurs and 300 investors, will attend the event, which takes place from May […]
AeroVacanțe, part of the Aerotravel group, is betting in 2024 on new destinations, more accessible for Romanians, as a result of the growing demand for holidays in new destinations untouched by mass tourism. Thus, the agency introduces for this summer 14 charter flights to Lesbos, the third largest island in Greece, where the costs of […]
