The International Organisation of La Francophonie (OIF) will organise in Romania an economic mission of La Francophonie to Central and Eastern Europe, an event that will take place in Bucharest, March 27 - 29, 2024, Romania's Ministry of Economy reported on Monday.According to the ministry, after three successful first editions in Southeast Asia (Vietnam and Cambodia), Central Africa (Gabon and Rwanda) and the Middle East (Lebanon), the mission to be organised next year in Romania is part of the Economic Strategy for Francophonie 2020-2025, which aims to boost trade and investment exchanges between the 88 OIF member states and governments.The mission brings together a high-level economic forum and business-to-business networking sessions, particularly in the agri-food, digital - including cybersecurity and the video games industry, green energy and medical sectors, and it includes support from experts, visits to company sites and networking opportunities to identify and realise commercial and investment opportunities.The registration platform for the event is available November 24 - December 22, 2023, on the OIF website. Romanian companies interested in taking advantage of this excellent opportunity for collaboration with a number of companies from the Francophone area can register on: https://missions-economiques.roumanie.francophonie.org/en.
Céline Gauer, the director general of the Recovery and Resilience Task Force (or RECOVER) at the European Commission, arrived in Romania on Tuesday, July 15, to meet with officials regarding the implementation of the National Recovery and Resilience Plan, or PNRR. As the coordinator of the PNRR, which offers funding in the form of advantageous […]
Aluminium producer ALRO, a subsidiary of Vimetco PLC from Cyprus, celebrated 28 years on the Romanian stock exchange (BVB) and 60 years of uninterrupted industrial activity. Its market capitalization has increased nearly 21 times since its listing and now exceeds RON 1 billion. The company’s history began with the first batch of Romanian aluminium, on June […]
Something is quietly shifting in Romania. In places where paperwork, patchy Wi-Fi, and long queues once ruled, change is starting to show. Towns are more connected, cities are getting smarter, and essential services are beginning to live online, not in line. A tidal wave of digitisation is common to other areas of the globe, that’s […]
Several segments in Romania's A7 and A8 highway projects have lost funding from the National Recovery and Resilience Plan (PNRR) due to project delays, the minister of investments and European projects, Dragoș Pîslaru, announced on Tuesday, July 15, as reported by Biziday.ro. He did not specify which segments of these highways were affected. The statement […]
Real estate developer Redport and businessman Dan Șucu officially inaugurated the showroom for their latest residential project, Vitality Est, and announced the start of construction work on the site near Pantelimon Park and Lake in eastern Bucharest. The project, estimated at EUR 50 million, will include 500 apartments and 400 square meters of commercial space. […]
According to an analysis from real estate consultant Colliers based on National Bank of Romania data, Romanians spent more than EUR 3 billion on international travel in the first four months of 2025, 15% more than in the same period of 2024. If the current pace continues, Romanians’ spending on foreign holidays and business travel […]
