The government approved the memorandum under which Romania will be able to continue providing technical and financial assistance to the Republic of Moldova in several areas, to support its European path, said Government spokesperson Dan Carbunaru."The memorandum approving the negotiation and signing of the agreement between the Government of Romania and the Government of the Republic of Moldova on the implementation of the technical and financial assistance program based on a non-reimbursable financial aid of 100 million euros granted by Romania to the Republic of Moldova has been endorsed. Practically, the Government has given its go-ahead for the negotiations and the signing of a new agreement under which Romania will continue to provide technical and financial assistance to the Republic of Moldova to support its European path, given that the old agreement allowing Romania to finance important projects in the Republic of Moldova was no longer in force as of March 28 last year," Dan Carbunaru told a news conference at Victoria Palace on Wednesday."Through the old agreement, Romania technically and financially supported projects such as the rehabilitation and modernization of 1,000 kindergartens, schools in the Republic of Moldova or the development of the Iasi-Chisinau Gas Pipeline, a strategic energy interconnection project between Romania and the Republic of Moldova. Further, the agreement will include provisions for the development of cooperation in the energy sector, transport infrastructure, environmental protection, combating climate change, public works and infrastructure, SMEs, media independence, public administration reform, Home Affairs, Health, Education, Culture and Heritage, Research and Tourism," Carbunaru also specified.
Gold has been one of the most sought-after assets for centuries, and in the modern era, it has become a highly popular component of investment portfolios. A preferred asset for protection against economic risks, gold has delivered attractive long-term returns, increasing by approximately 8% per year over the past two decades. Since the end of […]
JTI Romania is the Top Employer for the 12th year in a row, being ranked third amongst 44 companies locally awarded, after an assessment conducted by the Top Employers Institute. The company was rated for about 20 criteria such as leadership, talent acquisition, on-boarding, digital HR, work environment, career development, learning, ethics & integrity, diversity, […]
Romanian defense minister Angel Tîlvăr stated that the contract for the Patriot system, which will replace the one ceded by Romania to Ukraine, is expected to be signed in February. The minister commended the decision of the United State government to approve the delivery of three Patriot systems to Romania. Raytheon stated it will collaborate […]
Romanian companies are entering 2025 with cautious optimism, focusing on managing risks and controlling costs, according to the Deloitte 2025 Romania CFO Survey conducted at the end of last year among approximately 130 Chief Financial Officers (CFOs). Most of the Romanian CFOs predict an increase in revenues for this year (58%), but their share has […]
Several employees of the Romanian Senate began protesting and booing while the president of the upper Chamber was announcing that staff restructuring would be implemented to reduce public spending. Ilie Bolojan, president of the National Liberal Party and head of the Senate, announced a reduction in the organizational chart from 796 positions to 618 positions. […]
The members of the Romanian angel investor network TechAngels put EUR 2.757 million in direct investments in tech startups in the second half of 2024, almost triple the amount invested in the year's first half. The investments for the entire 2024 rose to EUR 3.777 million, a 25% year-on-year increase. The rounds backed by TechAngels […]
