Moldova's Investment Agency will make its 2025 strategy keeping Romania on top of the list of its partner countries, director of the 'Invest Moldova' Investment Agency Natalia Bejan declared on Friday."Undoubtedly, for the Government of the Republic of Moldova, Romania is the No. 1 trading partner. Most of our exports go to Romania, imports are also from Romania. We have the largest investments in Romania, we overcame the energy crisis thanks to Romania," said the 'Invest Moldova' Agency's director.She specified that the agency has set itself four directions of action: attracting investments, promoting exports, promoting the country's image and economic diplomacy.'Invest Moldova' is a public institution under the authority of the prime minister, which provides individual assistance to foreign and local investors."We realized that many people, even from the economic sector, do not perceive the Republic of Moldova as a business destination. We help companies find staff in the Republic of Moldova, land to build on, we are operationally involved in all administrative processes. We work mainly with business associations and make efforts to export Republic of Moldova products," said the director of the Investment Agency.According to a presentation by the agency, the Republic of Moldova has been a European Union candidate state since July 2022, and accession negotiations began in June 2024.The Republic of Moldova's GDP was $16.54 billion in 2023. Romania has maintained its status as the No. 1 trading partner of the Republic of Moldova since 2014.The country's exports in 2023 totaled $6.5 billion, with 65.4% thereof bound for the EU (exports to Romania accounted for 35.1%).Imports amounted to a total of $10.21 billion in 2023. In percentages, imports from the European Union accounted for 48.3% (imports from Romania represented 15%).There are around 1,500 Romanian companies in the Republic of Moldova, with about 12,000 employees and 1 billion euros in total turnover.Moldovan companies in Romania employ around 22,000 people and have a total turnover of around three billion euros.
Warner Bros. Discovery announced a new partnership with Edenred Romania, allowing users of the Edenred Benefit platform to subscribe to HBO Max directly through their employee benefits account. The collaboration aims to make premium entertainment more accessible to employees across Romania, the companies said. Starting October 10, Edenred Benefit users...
This year’s pilgrimage occasioned by the feast of Saint Dimitrie the New, Protector of Bucharest, will take place from October 19 to 29. The event is one of the most significant for the Romanian Orthodox Church in the capital. The faithful will be able to venerate, aside from the Holy Relics of Saint Dimitrie the […]
Classic Unlimited, the well-known organizer of classical music concerts in Romania, announced the launch of a new series of events dedicated to babies, pregnant women, and families, named Classic for Babies. Concerts with interactive sessions will take place in Cluj-Napoca (November 9), Sibiu (November 3), and Târgu Mureș (November 7), with two sessions per day, […]
More than one in three children in Romania, roughly 1.25 million, live in poverty, and the percentage rises dramatically to 75.8% for those whose parents have a low level of education, according to 2024 Eurostat data cited by Save the Children Romania. Children in rural areas face a much higher risk of poverty or social […]
Wizz Air has expanded its base at Timișoara International Airport, in western Romania, by adding a third aircraft and launching five new routes this month. The expansion marks another milestone for the carrier, which has transported more than nine million passengers to and from Timișoara since beginning operations there in 2008. Starting this week, passengers […]
Tech giant Apple announced a major expansion of its clean energy projects across Europe with new large-scale solar and wind farms under development in Romania, Greece, Italy, Latvia, and Poland. The local project is located in Galați County. Together with a newly operational solar array in Spain, the projects announced on Tuesday, October 14, will...
