Romania's Foreign Minister Luminita Odobescu and US Secretary of State Antony Blinken had a telephone conversation on Thursday to discuss the regional security situation, including the violation of Romania's airspace following Russian attacks on Ukrainian river ports, Romania's Foreign Ministry (MAE) reports.The two officials also touched on Russia's attack on a merchant ship carrying grain in the Black Sea.Odobescu welcomed the support and solidarity of the US and its allies with Romania and underscored the importance of keeping the developments in the Black Sea and the region in NATO's constant attention. She welcomed her US counterpart's reiteration of the U.S. commitment to defend every inch of NATO territory. She added that the allies "must implement all the commitments pledged in order to ensure the security of the Euro-Atlantic space, in general, and of the Black Sea region in particular."The two officials also discussed recent developments in the support they provide to Ukraine against the illegal and unjustified aggression of the Russian Federation. The American side reiterated its appreciation for Romania's decision to donate a Patriot system to Ukraine, a donation of particular importance amidst the continuation of Russian air attacks against Ukrainian civilian infrastructure.Blinken underlined the US commitment to continuing measures to strengthen Romania's defence capability. Both officials reiterated their support for Moldova in its efforts to reject Russia's hybrid actions, which are aimed at influencing the outcome of the October electoral processes.
Graffiti Plus (GRF+), active in Romania's communication consulting market, has signed the contract for the National Recovery and Resilience Plan (PNRR) funding for its listing on the AeRO market of the Bucharest Stock Exchange (BVB). GRF+ is also preparing to launch the private financing round it is conducting as a first step toward its debut […]
The wooden church from the village of Oncești, one of the oldest monuments in the heritage of the Maramureș Village Museum “Mihai Dăncuș” in Sighetu Marmației, has been restored. The church has now returned to the tourist circuit through the support provided by the US Ambassadors Fund for Cultural Preservation, in a project coordinated by […]
The Bucharest Stock Exchange (BVB) announced the establishment of its Corporate Governance Committee on Thursday, December 4, to support the implementation of the revised 2025 BVB Corporate Governance Code. Romania’s capital market recently celebrated 30 years of activity and is undergoing significant corporate governance reform. The revised BVB Corporate...
Daniel Băluţă, the mayor of Bucharest's District 4, signed the order to start work on the extension of the M4 subway line on Thursday, December 4. The investment is valued at EUR 3.5 billion and the route will be 11 kilometers long, between Gara de Nord and Gara Progresul railway stations. The extension will have 14 […]
Ten entrepreneurs and executives have launched Food Angels Hub, a community of investors dedicated to the food sector. The aim of the hub is to “develop and scale functional and profitable companies in the food, hospitality and food-tech sectors” and “turn Romania into a reference point for food innovation in the CEE region.” The founders […]
Romanian developer IULIUS announced that it secured a syndicated loan facility amounting to over EUR 305 million for its Palas Iași mixed-use complex. The financing is provided by a consortium made up of Erste Group Bank Austria, BCR, Raiffeisen Bank Romania, and Raiffeisen Bank International Austria. The loan will support the remodelling of Palas Iași […]
