The government approved on Wednesday a bill ratifying a defence cooperation agreement between the government of Romania and the government of Korea signed in Seoul in April 2024.According to the government, the draft agreement submitted for approval and ratification by the bill aims to create an overall legal framework to strengthen defence cooperation between the two countries in accordance with national legislation and international obligations, based on the principles of equality, reciprocity and mutual interest.The agreement takes the form of an international governmental treaty and provides for aspects related to the areas and forms of cooperation, the protection of classified information, financial and legal aspects, dispute resolution.Romania and Korea established diplomatic ties in 1990, and the level of bilateral relations is one of strategic partnership, with Korea being Romania's first strategic partner in Asia.The bill approved by the government is to be submitted to Parliament for further debate and approval.
The international transport and logistics company Gebrüder Weiss recently inaugurated a new hub in the southeast of Bucharest, consolidating its position in the Romanian market. The new terminal, located in Popești-Leordeni, became operational after a EUR 20 million investment, and will eventually lead to the creation of 90 jobs. "The new location complements the already […]
Raiffeisen Bank Romania has finalized the selection process for MoonShotX - a unique project on the local market, supporting companies with a turnover between 5 million and 50 million euro (Mid-Corporate) to expand their business internationally. After a selection period of 3 months, 22 companies were selected out of a total of more than 760 […]
Writer and translator Corina Oproae has won this year’s Premio Tusquets Editores de Novela for the novel La casa limón, set against the background of the Ceaușescu regime. Oproae, who was born in Făgăraș, has been living in Spain since 1998. She has published the poetry books Mil y una muerte, Intermitencias,...
NN Group, active locally in the private pension and insurance segments, and impact venture fund Rubio Impact Ventures have launched the NN Social Innovation Startup Awards competition, which aims to boost early-stage tech startups working to create a positive impact. The competition takes place in ten countries in Europe, including Romania, and in Japan. The […]
Dubai, a city noted for its abundant way of life and tall towers, also offers a wide variety of affordable living choices appealing to investors worldwide, including Romania. Dubai offers an appealing prospect with its strategic position, strong economy, and friendly investment environment for those wishing to make economical real estate investments. Whether you are […]
The Apprentice, director Ali Abbasi's new movie in which Romanian-born actor Sebastian Stan plays a young version of Donald Trump, will arrive in cinemas in Romania on October 18, one week after the US release date, according to Paginademedia.ro. The feature was selected in the main competition at Cannes this year. The...
