On Wednesday, Romanian Prime Minister Nicolae Ciuca welcomed visiting President of the Federal Republic of Germany Frank-Walter Steinmeier at the Government House to discuss Ukraine war and its regional impact.According to a government press statement, the two dignitaries underscored the importance of European and Euro-Atlantic unity in providing support to Ukraine and its citizens, as well as in managing the impact of the situation on Eastern Europe and the implementation of sanctions against Russia.Ciuca and Steinmeier agreed on the need to support Ukraine refugees, being acknowledged Romania's effort in that regard. Ciuca also underlined the importance of bilateral and Europewide co-operation in ensuring energy security and managing the problems posed by the blockage of supply chains.He added that Romania's support to Ukraine also includes facilitating exports of Ukrainian agricultural produce, currently affected by the blockade on Ukrainian Black Sea ports, to third markets. He also pointed out that Romania is making efforts to diversify its energy sources, emphasising the national steps to increase exploitation of natural gas resources.Ciuca pleaded for Germany's support in strengthening Black Sea security, thanking Germany for its participation in enhanced air policing in Romania.Ciuca and Steinmeier underscored the quality of bilateral relations, highlighting the ample potential for expanding Romanian-German economic co-operation.The Romanian official voiced interest in diversifying investment and co-operation between the two countries in strategic areas, such as energy, technology, and infrastructure.On the other hand, he added that Romania is meeting all the standards for full accession to the Schengen area, ensuring de facto and effective protection of the EU external borders amid the ongoing crisis in Ukraine.
Deloitte Romania assisted AQUILA, leader in the integrated distribution and logistics services for the fast-moving consumer goods market in Romania and the Republic of Moldova, in the acquisition of Romtec Europa, the company that produces car care fluids and aerosols. The transaction, valued at 3.2 million euros, was signed in December 2023 and completed recently, following approval from […]
CBRE Romania, the leader in providing commercial real estate services, launches an analysis regarding the business potential and alternative investment and development opportunities in Timiș County. According to the analysis, Timiș stands out as a vital centre of Romanian agriculture, ranking first in agricultural area with 693.034 hectares and second in organically cultivated land area. […]
By the end of 2024 the stock of modern retail spaces will overpass 4.5 mln. sq. m setting a new record for Romania. Circa 186,000 sq. m could be added to country’s modern retail stock if taking into consideration under-construction projects. The popularity of the specialized format is noticed in the forecasted developments, claiming 95% […]
The average office fit-out costs have increased by around 15-20% during the past 12 months, but they still remain among the lowest in the Central and Eastern Europe (CEE), according to data from the Cushman & Wakefield Echinox real estate consultancy company. With an average level of €943 per sq. m of office space, the […]
Romania is present at the 10th edition of the EU-Startups Summit in Malta, the biggest event for tech startups in Europe, through RoTechMission, a delegation organized by DiFine PR, Techcelerator and ROTSA (Romanian Tech Startups Association). More than 2,000 people, including 1,000 entrepreneurs and 300 investors, will attend the event, which takes place from May […]
AeroVacanțe, part of the Aerotravel group, is betting in 2024 on new destinations, more accessible for Romanians, as a result of the growing demand for holidays in new destinations untouched by mass tourism. Thus, the agency introduces for this summer 14 charter flights to Lesbos, the third largest island in Greece, where the costs of […]
