Prime Minister Marcel Ciolacu discussed on Wednesday, at Palace Victoria(the Government House), with the United States Special Representative for Ukraine's Economic Recovery Penny Pritzker the part that Romania can play in the recovery and reconstruction of Ukraine envisaged at international level after the war triggered by Russia ends."We are at a stage of identifying the most efficient methods of support and translating them into an integrated strategy for the reconstruction of Ukraine, in which Romania wants to play an important part," Ciolacu is quoted as saying in a press statement released by the government on Wednesday.In view of preparing and starting this process of reconstruction of Ukraine, Romania takes into account as a main benchmark the EU mechanism for Ukraine, worth EUR 50 billion, and suggests bilateral actions be conducted through direct collaboration with Ukraine, and also in extended formats, at regional level or together with strategic partners.Ciolacu added that Romania's approach is centred on the idea that the actions of the nations that will be involved in the reconstruction of Ukraine must complete each other instead of being competitive, and that the process involves a long-term effort and coordination of the entire world community, in which the role and involvement of the United States remain essential.Ukraine's European integration perspective should guide the entire process of rebuilding the country.Ciolacu went on to say that a strategic objective of Romania is also Moldova's connection to this reconstruction effort, which primarily targets Ukraine, given that Moldova has been affected by the conflict and both countries need support for their European journey.Also attending the meeting was US ambassador in Bucharest Kathleen Kavalec, while the governmental delegation also included Deputy Prime Minister Marian Neacsu, head of the Prime Minister's Chancellery Mihai Ghigiu and senior official Nicolae Comanescu.
MedLife, Romania’s largest private medical services network, announced on Wednesday, December 10, that it reached a market capitalization of EUR 1 billion on the Bucharest Stock Exchange (BVB). The milestone secures its position as “the most valuable healthcare company” in the country. The achievement came nine years after MedLife’s listing on BVB in December 2016, […]
The Buzău Land UNESCO Global Geopark in Romania has become a “living laboratory” this week as a team of American researchers arrived to study microorganisms capable of surviving in extreme environments. The scientists, part of the interdisciplinary research organisation The Two Frontiers Project, are examining methane seeps, sulfur and petroleum springs, saline sources, and other […]
A moose has been unexpectedly spotted in the Hunedoara county area, specialists from the conservation group Rewilding Romania announced on Wednesday, December 10, sharing footage of the animal on social media. The sighting is considered “an important discovery for Romania’s wildlife,” though experts caution that it remains unclear how the animal reached this region. According […]
Trade unionists will continue to require the Presidential Administration to mediate the conflict with the government on issues such as the minimum wage or the collective labour agreement, said Bogdan Hossu, president of the Cartel Alfa trade union confederation, as reported by
Prime minister Ilie Bolojan said on Wednesday, December 10, that Romania’s state budget for 2026 will be adopted only at the end of January, citing the need for Parliament to first approve legislation required to ensure predictability and compliance with the country’s deficit targets. His comments came as the government has been working to align […]
Bosch announced that its Global Business Services centre in Romania, at Timisoara, plans to reduce approximately 510 positions of the existing 1,800 by the end of 2030 as part of a cost-cutting plan that aims to lay off 13,000 employees worldwide across the entire group. The company cited “stagnant demand for services” and “productivity potentials […]
