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.
Prime Batteries, the only local battery manufacturer and one of the few active in Europe, has established a joint venture with the South Korean company Top Material to produce active material, a key element in the production of batteries. The unit is in South Korea. Top Material is also a shareholder in Prime, with a […]
Franklin Templeton, the administrator of Fondul Proprietatea, has launched 16 Franklin Templeton Investment Funds (FTIF) on the iFonduri platform, expanding access to investment solutions for individual investors in Romania, according to Ziarul Financiar. The iFonduri platform, launched on Thursday, December...
Some companies in the BETPlus index are expected to deliver an average dividend yield of 3.6% in 2026, down from the 4.1% projected for a similar selection last year, according to an analysis by the TradeVille Analysis Department, Bursa.ro reported. The estimates are based...
The American company Critical Metals, which concluded an agreement with the Romanian state-owned company Nuclearelectrica for the partnership construction of a processing plant in Feldioara for the rare earths that the former extracts from Greenland, is actually controlled by the Romanian businessman Frank Timiș, who was, among other things, behind the Roșia Montană project, according […]
West Beton, part of West Group, produced and delivered, through its three production sites, more than 200,000 cubic meters of ready-mix concrete in 2025. Over 90% of total deliveries went to residential projects, including HILLS Nord, the third phase of Nusco City, and developments by companies such as Hagag or Pedro Construct. The rest of […]
The government has added four more companies to the list of the first 17 that entered the reform process and the analysis of the Interministerial Committee for Supporting the Implementation of Reform 9 (CNR9), led by deputy prime minister Oana Gheorghiu. These are CNCAF Minvest, Romaero, CNMPN Remin, and Avioane Craiova, companies from the portfolio […]
