Two memoranda of understanding with Portugal in the fields of Energy, Investments and trade were signed on Monday, in the presence of President Klaus Iohannis, on a state visit to Portugal, and Portuguese prime minister Antonio Costa.The Memorandum of Understanding in the field of Energy was concluded between the Ministry of Environment and Climate Action of the Portuguese Republic and the Ministry of Energy of Romania.For Romania, the memorandum was signed by the Minister of Energy, Sebastian Burduja.The Memorandum of Understanding between the Investment and Foreign Trade Agency of Portugal - AICEP and the Romanian Investment and Foreign Trade Agency - ARICE was signed on behalf of Romania by Rares Stefan Burlacu, the president of ARICE.President Klaus Iohannis ended his four-day state visit to Portugal with a meeting with the Portuguese prime minister.
Bucharest, 6 August 2026 – Wolf Theiss advised the shareholders of three companies active in the electrical power industry (i) Electroechipament Industrial S.R.L., (ii) Electroechipament S.R.L. and (iii) General Equipment Automation S.R.L., on the sale of their shares to Adrem Group, one of the largest contractors and service providers in the...
The VARD shipyard in Tulcea, eastern Romania, has completed the construction of the hull of “Discovery,” the largest vessel intended for the installation of submarine cables and the first such project delivered by the VARD group for the Japanese market. The ship, valued at over USD 200 million, will have an important role in the […]
The European Commission has approved, under the EU Merger Regulation, the acquisition of sole control over Dante International of Romania by South African investment fund Naspers Limited. "The Commission concluded that the notified operation does not raise competition concerns, as the companies are not active on the same markets or on markets that are in […]
This August, turn your stay into a journey of complete relaxation at Corinthia Grand Hotel du Boulevard Bucharest, one of Romania's most prestigious luxury hotels. Located in the heart of Bucharest at 21 Regina Elisabeta Boulevard, the hotel revives the elegance of the historic Grand Hôtel du Boulevard, beautifully restored while preserving its Belle Époque […]
European governments allocated an estimated EUR 130.2 billion, or 0.69% of their combined GDP, to research and development in 2025, according to a Eurostat analysis published on Friday, August 7. The sum represents an increase of 2.4% compared to 2024 (EUR 127.14 billion) and an increase of 60.5% compared to 2015 (EUR 81.13 billion). In […]
The European Investment Bank (EIB) is lending EUR 100 million to the leasing subsidiary of BRD Groupe Société Générale to expand financing for businesses in Romania. The goal is to facilitate financing for Romanian SMEs and Mid-Caps, which face greater hurdles in accessing long-term funding than their counterparts in many other European Union countries, EIB […]
