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.
The Atlantic Council will honor Romanian president Klaus Iohannis with the Distinguished International Leadership Award for his remarkable career, exemplary leadership of Romania, and his transatlantic and European leadership role. The Atlantic Council’s Distinguished Leadership Awards are often referred to by media as “the Washington Oscars.” Among the honorees are a European head of state, […]
The colorful rapeseed fields in the southern part of Romania have been photographed by NASA from a satellite and featured in an accompanying article titled “Golden Fields in Romania.” The spectacular images were taken last month above the area where the Olt River intersects with the Danube. According to the article, NASA personnel were impressed […]
UiPath, an AI-based company founded by Romanian entrepreneurs and listed on the New York Stock Exchange in 2021, has recruited Raghu Malpani as Chief Technology Officer. Malpani, who was Corporate Vice President at Microsoft for the Microsoft 365 Application and Data Platform will report to the Director of Innovation and the Executive President of UiPath, […]
Production and new orders rise after nine straight months of decline Business confidence picks up, while hiring is back on the agenda Cost inflation eases and selling prices rise only fractionally An improvement in the health of the Romanian manufacturing sector was signalled for the first time in the survey's history, according to the latest […]
Raiffeisen Bank Romania continues its growth strategy in personal financial planning, up 50% in the first quarter of the year in the segment of investment plans, voluntary pensions and life insurance with a savings component. At the same time, it continued to support SMEs and accelerated investments to launch new functionalities in the mobile banking […]
Road crews have begun snow removal on Romania’s spectacular mountain road known as Transfăgărășan. Since there is less snow than in other years, the road could be opened much earlier than the usual date of July 1, according to authorities. Transfăgărășan, Romania’s second-highest road after Transalpina, is being cleared of snow so it can be […]
