The Chamber of Trade and Industry in Romania (CCIR) organized the second meeting devoted to launching the project on inter-city air connection in Romania. At this meeting, a complex study about the lack of connectivity between Romanian cities, caused bythe precarious land and railway infrastructure in Romania was presented, together with solutions identified for beginning this new project in the aeronautic field. The date of December 1, 2023 was established for setting up a shareholding company with the participation of county councils which have operating airports. The name of the new company will be Romanian Air Lines (LAR). The meeting was attended by representatives of county councils of Arad, Brasov, Bacau, Constanta, Maramures and Sibiu. The meeting also benefitted from the presence of academic representatives, who drew up the study on air connectivity and that of specialists in the air field from Danube Delta Tulcea Airport, Arad International Airport, Maramures International Airport, Stefan cel Mare Airport in Suceava, Craiova International Airport and Tuzla Regional Air Services. “The new air operator suggested by CCIR, which will be a sharholding company, with the participation of county councils as shareholders, will operate with a significant number of small capacity aircraft, between the most important cities of the country. For businessmen this means that in a single day they can travel between cities located at hundreds kilometer distances in a single day, with obvious time and money savings,”said CCIR president Mihai Daraban.
Polish company Scallier, who is expanding its network of Funshop Park retail parks in Romania, is set to open a new shopping center in the Arad region. The opening date for the roughly 10,000 sqm retail park is March 6. The decision to build a retail park in the Arad region in western Romania was […]
Morphosis Capital Fund II has made its first investment outside Romania by acquiring a minority stake in EnduroSat, a leading European provider of high-end satellites and space services. The investment is part of a broader funding round aimed at accelerating EnduroSat’s expansion in the fast-growing "New Space" industry. EnduroSat, founded by Raycho Raychev, specializes in […]
Approximately 11.2 million Ukrainian citizens have entered Romania during the three years of war, the Romanian Border Police reported on Monday, February 24. In total, from February 10, 2022, to February 23, 2025, a total of 11,191,703 Ukrainian citizens have entered Romania. Globally, around 7 million Ukrainian refugees reside in other countries at the moment. […]
February 24, 2025, marks three years since Russia's invasion of Ukraine. In this context, interim president Ilie Bolojan reaffirmed Romania's full commitment to Ukraine's freedom, sovereignty, and independence. In a post on X, the Romanian leader said, "As we count 3 years since Russia's full-scale invasion against Ukraine, Romania reaffirms its full commitment to UA's […]
The US bases in Romania "are maintained and will even increase in importance," the US special envoy for Ukraine and Russia, Keith Kellogg, reportedly told Romanian foreign minister Emil Hurezeanu, according to Hotnews.ro. Kellog made...
Bucharest mayor Nicusor Dan, who decided to run for president after the isolationist candidate Calin Georgescu won the first round of the scrapped presidential ballot last November, argued that the US administration's bias towards Georgescu is only an effect of the asymmetric information caused by insufficient explanations provided by the Romanian...
